
Topsoe awarded €94 million from EU’s Innovation Fund to build SOEC factory
The EU’s Innovation Fund has awarded Topsoe €94 million for the construction of the company’s first electrolyzer manufacturing facility in Herning, Denmark. The factory is expected to be operational by 2024 and will produce Solid Oxide Electrolyzer Cells (SOEC). Initial production capacity is 500 MW, with the option to expand further.