Published by Todd Bush on March 27, 2026
Topsoe and First Ammonia have worked together since 2022. In 2024, the companies signed supply and service agreements for 100 MW of SOEC electrolyzer modules to be installed in First Ammonia’s green ammonia project at Port of Victoria, Texas.
The supply agreements contained key milestones by which certain steps were required to be taken. Despite multiple extensions at the request of First Ammonia to one of the key project milestones, First Ammonia have failed to take the steps required by the deadline. Topsoe was not able to extend the deadline for First Ammonia to meet key milestones for the project any further. The result of this is that the supply agreements have automatically terminated.
>> In Other News: Sungrow Hydrogen Powers Global Green Transition With New Project Shipments Across Three Continents
Topsoe has a 50 MW offtake agreement with Forestal and remains committed to its contractual obligations with them.
In the context of the market outlook for clean hydrogen Topsoe will assess the path for industrial scale commercialization of our SOEC technology in a Strategic Roadmap Review. The review is expected to be completed by end of Q2 2026.
Elena Scaltritti, CEO of Topsoe, says: "We have worked closely with First Ammonia since 2022 on advancing a nascent clean hydrogen industry. During that time Topsoe has matured our leading SOEC technology and made it ready for industrial scale commercialization. However, we were not able to extend the deadline for First Ammonia to meet key milestones for the project any further."
Topsoe is a leading global provider of advanced technology and solutions for the energy transition.
Built on decades of scientific research and innovation, we are working with customers and partners to drive energy resiliency and to achieve their sustainability goals.
We offer world-leading solutions for transforming renewable resources into fuels and chemicals, and we provide technologies needed to produce low-carbon and conventional fuels and chemicals as well as ensuring clean air.
We were founded in 1940 and are headquartered in Denmark, with over 2,800 employees serving customers all around the globe. To learn more, visit https://www.topsoe.com/.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚧 Carbon Price Gap Stalls Heidelberg Materials' $1.36B Edmonton Cement Carbon Capture Project ⛽ Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation ⚖️ I...
Inside This Issue 🌱 Mombak Beat Google's 2028 Carbon Deadline by Two Years 🛫 China's First SAF Compliance Service for Foreign-Registered Business Jets Successfully Implemented ✈️ UMeWorld Advances...
Inside This News ⚡ IRS Expands and Extends 45Q Safe Harbor, Offering Long-Term Certainty to Carbon Capture Projects 🌊 South Korea Signs MoU for 320MW Green Hydrogen Complex 🌱 Senken and Carbonsate...
Research to be presented at COM 2026 highlights Novacium’s proprietary HyDRAS™ process, which combines black dross and bauxite residue to produce hydrogen while recovering value from aluminum indu...
Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation
SHANGHAI, Aug. 20, 2026 /PRNewswire/ -- On August 17, Shanghai Electric partnered with Shanghai International Port Group and CMA CGM Group to conduct a biomethanol bunkering operation with a total ...
MISSISSAUGA, Ontario, Aug. 18, 2026 /PRNewswire/ -- Next Hydrogen Solutions Inc. is pleased to announce that it has completed a Basic Design Engineering Package (BDEP) for a planned 10 MW fueling s...
Syzygy Plasmonics and IFC Partner to Advance Sustainable Aviation Fuel Projects Across Latin America
Framework agreement supports the development of Syzygy's SAF project pipeline in Latin America, beginning with its first planned commercial-scale facility in Uruguay. Syzygy Plasmonics, a leader i...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.