Topsoe Plans $400M Hydrogen Manufacturing Facility in Chesterfield
Key Ideas
- Topsoe is advancing plans for a $400 million manufacturing facility in Chesterfield to produce electrolyzer cells for clean hydrogen fuel.
- The facility is expected to create 150 jobs and is Topsoe's largest U.S. investment, supported by federal and potential state incentives.
- The uncertain outlook for federal clean-energy incentives, like the 45V program, is influencing the pace of the project's development.
- Topsoe's partnership with ABB, Fluor, and Timmons Group highlights collaboration in designing and constructing the hydrogen plant.
Danish company Topsoe has filed plans for a $400 million manufacturing facility in Chesterfield to produce electrolyzer cells for clean hydrogen fuel. The 300,000-square-foot plant will be built on a 43-acre site at Meadowville Technology Park. The company, partnering with ABB and Fluor, aims to create solid oxide electrolyzer cells for heavy industry and transportation sectors. Despite uncertainties in federal incentives like the 45V program, Topsoe is moving forward with the project, supported by a performance grant agreement from Chesterfield County. This investment is expected to generate 150 jobs and is Topsoe's largest U.S. undertaking. The company's cautious approach reflects the impact of evolving federal policies on the clean hydrogen industry's growth. The plant's construction costs are estimated at $140 million, with equipment projected at $260 million. Topsoe's commitment to clean energy and job creation in Chesterfield signals a significant milestone in its global operations.