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 🍁 Canada's Natural Hydrogen Bet Just Got A Lot Bigger 💰 Carbon Pricing Now Covers 63% Of Global GDP As Emissions Trading Expands 🏛️ Republicans Introduce American Energy Dominanc...
Inside This Issue ⚡ Innio and Net Zero Innovation Hub Deliver World-First 3 MW Demonstration of 100% Hydrogen Backup Power for Data Centers 🌳 Chestnut Carbon Doubles Footprint in Southeast U.S. to...
Inside This Issue 🛢️ Kansas Gets Its First CO2 Storage Well, PureField Shows How 🤝 FPH2 Expands California Renewable Hydrogen Supply Partnerships To Support Public Fleets, Data Infrastructure, And...
Aviva Investors Partners With Climate Impact Partners To Invest In Colombian Afforestation Project
(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has funded a large-scale afforestation and restoration project in Colombia, partnering with Climate Impac...
The close scales the project to 60,000 hectares of funded restoration, positioning Spekboom amongst the world's largest projects. The close combines streaming capital from a syndicate of institutio...
WASHINGTON, April 27, 2026 /PRNewswire/ -- The Ammonia Energy Association (AEA) has partnered with MiQ to launch the AEA Ammonia Certification System, a global certification system designed to faci...
Verde And Isometric Aim To Scale High Integrity Carbon Credits Through Infrastructure
ST. LOUIS, April 27, 2026 /PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR ) ("Verde"), an emerging leader in sustainable infrastructure products and technologies, today announced a strategic coll...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.