Topsoe Plans to Build $400 Million Hydrogen Cell Factory in Meadowville Technology Park
Key Ideas
  • Danish manufacturer Topsoe has acquired 57 acres in Chesterfield for a $400 million facility to produce solid oxide electrolyzer cells for clean hydrogen fuel.
  • The project is the company's largest investment in the U.S. to date and is expected to create 150 jobs, with construction anticipated to take two years.
  • Topsoe will receive a $2.1 million performance grant from Chesterfield and utilize $136 million in federal tax credits for the project.
  • The hydrogen cell factory will be located in Meadowville Technology Park, near Lego's upcoming building-block manufacturing facility.
Topsoe, a Danish manufacturer, has purchased 57 acres in Chesterfield's Meadowville Technology Park for $5 million to build a $400 million facility producing solid oxide electrolyzer cells for clean hydrogen fuel. The company plans to create 150 jobs with a two-year construction timeline. Topsoe secured a $2.1 million grant from Chesterfield and will utilize $136 million in federal tax credits for the project. The plant will be Topsoe's first location in the Richmond region and will collaborate with ABB and Fluor for design and construction. The facility aims to cater to heavy-industry users and transportation with clean hydrogen. Topsoe's project aligns with the state's economic development assistance and Commonwealth Opportunity Fund. The plant's construction timeline is set to be completed by Dec. 31, 2029, and will be located near Lego's upcoming manufacturing facility in Meadowville Technology Park.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.