Topsoe plans $400m US production base

Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw

Danish firm Topsoe has unveiled plans to invest up to $400m in a gigawatt-scale electrolyser production facility at Chesterfield in the US state of Virginia. FID on the plant, which would produce solid-oxide electrolyser cell (SOEC) electrolysers, is subject to an assessment of “market conditions and developments”, Topsoe said. Construction of the plant would position Topsoe as the world’s largest supplier of SOEC technology. If it goes ahead with the US project, Topsoe will join a growing band of European electrolyser manufacturers establishing production bases in the US on the back of incentives offered under the Inflation Reduction Act (IRA) and potential demand from the country’s emergin