When a foreign company wants to manufacture goods in the United States, it needs new domestic suppliers for just about everything. When such an initiative involves new technology, it creates even more opportunities for a regional ecosystem and associated supply chains.
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Topsoe is a Danish energy company that is slated to build a $400 million electrolyzer facility in Chesterfield, Virginia. Its technology uses renewable electricity from sources like solar and wind power to split water molecules into hydrogen and oxygen. This creates green hydrogen, a clean and carbon-neutral fuel. It’s designed for industrial-scale production, making it capable of meeting the growing demand for clean hydrogen and its applications.
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