2 minutes reading time (442 words)

Topsoe's secures €94 mn from EU for 500 MW solid oxide electrolyzer factory

Topsoe's SOEC facility under construction in Herning, Denmark. Source: Topsoe

Danish firm Topsoe has signed a grant agreement with EU's Innovation Fund for a total of €94 million, in recognition to the company's solid oxide electrolyzer cells (SOEC) factory that is currently underway in Herning, Denmark. 

The 500 MW facility is claimed as "the biggest investment till date" for the company, and will manufacture advanced, energy efficient SOEC that are essential in the production of green hydrogen and its derivatives. The plant is expected to be operational by 2024. 

The latest funding is part of EU's emissions trading scheme (ETS), the Innovation Fund grant, which targets to aid the deployment of about 40 GW of hydrogen electrolyzer installation and 10 million tonnes of green hydrogen production by 2030. 

Roeland Baan, CEO at Topsoe, commented on the development, "I'm very proud that the Innovation Fund acknowledges our technology leadership and our decision to take the first steps in increasing European electrolyzer manufacturing capacity". 


Europe's largest Electrolyzer HySynergy successfully tests Hydrogen production -  

Everfuel recently announced the production of first hydrogen at HySynergy. The initial volumes produced at Europe's largest electrolyser represents a major milestone towards the commercialization of green hydrogen as a clean source of energy for industry and mobility, it added.

He further added, "EU funding is key in supporting the industry's endeavors to back the green hydrogen economy and contribute to EU's 2050 climate neutrality target. We're facing an immense task to decarbonize energy-intensive industries and long-distance transportation, and at Topsoe we're doing our part. This grant from the EU demonstrates how public incentives and private innovation can bring us closer to net zero."

When used to produce green hydrogen, electrolyzers from Topsoe's factory will reduce emissions by approximately 7.5 million tonnes of CO2 equivalent over the first ten years of operation when compared to hydrogen produced from natural gas, according to the company.

"The energy transition demands careful use of resources to maximize outputs, and our SOEC technology is up to 30 percent more efficient than competing technologies", said Kim Hedegaard, CEO Power-to-X at Topsoe. Our Herning factory is hopefully the first of many, enabling Topsoe to take a leading role in decarbonizing shipping, aviation, steel, and more industries, he added.

Topsoe's modular design operates at significantly higher temperatures compared to other electrolyzer technologies, suited for industrial-scale production of green hydrogen using renewable electricity, the company adds. 

John Cockerill setting up alkaline electrolyzer gigafactory in Houston

John Cockerill has recently commenced the construction of a new gigafactory in Baytown in Houston, Texas where the group will operate the
Author : Dhiyanesh Ravichandran
Ambuja Cements to add 1 GW renewables capacity by ...
Does the world have sufficient lithium? A review o...