Kim Hedegaard, CEO of power-to-x at Topsoe
Topsoe ‘optimistic’ on its US strategy
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
Danish electrolyser and emission reduction technology manufacturer Topsoe is “optimistic” about its plans to expand its green hydrogen and ammonia business in the US following Donald Trump’s election victory. The Copenhagen-based firm is progressing plans to develop a $400m-plus solid oxide electrolyser cells (SOEC) production base in Virginia, having already received an allocation of nearly $136m in tax credits under the Inflation Reduction Act (IRA) for the project, Kim Hedegaard, the firm’s CEO of power-to-x, told Hydrogen Economist. “We have a bought a piece of land in Virginia and we are ready to set up shop,” he said. “We are doing the design and engineering so that everything is set u
Also in this section
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
