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 ⚡ AirPlant One Opens in Moses Lake: America's First Commercial E-Jet Fuel Plant Begins Operations 🏗️ Inside Holcim’s CaptureLab, Our Industry’s First Carbon Capture Test Platform...
Inside This Issue 🏭 Stratos DAC Delay: Inside the Holdup at the World's Largest Carbon Capture Plant 🍁 TD Bank Signs Two DAC Deals in a Week: Deep Sky Is First 🛫 Technip Energies, Airbus, Safran a...
Inside This Issue 🧪 Charm Industrial Secures 61,500-Ton Carbon Removal Purchase and $20 Million Debt Financing to Catalyze Growth ✈️ IATA Urges Bigger Green Aviation Fuel Push as Production Stagna...
From Concept to Reality: Exmar Takes Delivery of First Ammonia-Fuelled Oceangoing Ship
The first in a series of ofur midsize gas carriers, Antwerpen will act as a proving ground for ammonia as a marine fuel, advancing low- and zero-carbon fuels and informing future vessel design Up ...
Bayer Hopes to Speed Up Biofuel Feedstock Plan Amid Iran War Energy Crunch
LONDON, June 10 (Reuters) - Bayer (BAYGn.DE), opens new tab is hoping to speed up a plan to facilitate North American production of biofuel feedstocks like camelina in the wake of the Iran war, the...
Mitsubishi Electric and Finland's VTT Establish Core Technology for Direct Ocean Capture
System uses gas-capture method and will accelerate societal implementation by integrating with existing infrastructure TOKYO--(Business Wire)--Mitsubishi Electric Corporation (TOKYO: 6503) today a...
FASTECH and Bosch Rexroth to Build World's Largest Hydrogen Refueling Station for Transit Buses
San Mateo County, California, USA, June 10, 2026 (GLOBE NEWSWIRE) -- FASTECH, in collaboration with Bosch Rexroth, announced that they have been contracted by the San Mateo County Transit District ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.