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Topsoe and Fidelis New Energy form global hydrogen tech alliance

Topsoe and Fidelis New Energy form global hydrogen tech alliance
Mizuho Financial Group, Inc. (Mizuho) aims to provide JPY 2 trillion (≈ US$13 billion) in financing for the production and supply of hydrogen and related technologies by 2030.

Denmark-headed Topsoe A/S, a global leader in carbon emission reduction technologies, and US-headed and US-headed energy transition company Fidelis New Energy, LLC (Fidelis) have entered into a global alliance for technology used for producing carbon-neutral hydrogen.

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The alliance pairs Topsoe’s hydrogen process portfolio with “FidelisH2” technology for the reduction of lifecycle carbon emissions in hydrogen production.

Combined, the alliance solution enables the production of hydrogen from natural gas with a lifecycle carbon intensity of 0 kg CO2eq per kg H2.

Producing decarbonized products, materials, and fuels through proven technologies such as the Topsoe Blue Portfolio and FidelisH2 is a critical contribution to decarbonizing carbon-intense sectors of society, including industry, digital infrastructure, agriculture, energy, and transportation.

Topsoe and Fidelis New Energy are “dedicated to continuing to play their roles in this important endeavor to accelerate the energy transition and to join forces to provide an offering for life cycle carbon-neutral hydrogen utilizing renewables and natural gas.”

Partnering to support the industry’s energy transition

Fidelis and Topsoe will jointly and exclusively license “FidelisH2” alongside Topsoe’s blue hydrogen technology portfolio.

Topsoe will lead engagement with potential licensees interested in utilizing FidelisH2 to produce carbon-neutral hydrogen at a world scale using proven technologies.

This is an exciting partnership to lead the way to achieving net zero in 2050. I look forward to working with Fidelis in setting the bar high regarding transitional energy technologies. With this alliance, we can offer clients across all industrial sectors, a proven and exceptional carbon-neutral hydrogen solution, said Henrik Rasmussen, Managing Director, The Americas, Topsoe.

Providing a scalable solution for low-carbon hydrogen production

Topsoe’s industry-leading hydrogen process portfolio includes both steam methane reforming and “SynCOR” autothermal reforming solutions to produce hydrogen with integrated carbon capture.

FidelisH2 is a proprietary solution for the incorporation of renewable energy into reforming processes to achieve clean hydrogen production.

We are excited to partner with Topsoe, the leading provider of hydrogen production technology and catalysts. After several years of work with Topsoe leadership, catalysts, and technologies, we are pleased to formally join forces with them through this Global Alliance Agreement to deliver carbon-neutral hydrogen produced from Topsoe’s Blue Portfolio and the innovative and novel FidelisH2 process, said Dan Shapiro, Co-Founder, and CEO of Fidelis.

The novel integration of these proven technologies offered through the alliance provides a scalable solution well suited for generating valuable climate and environmental incentives such as the 45V tax credits provided in the United States Inflation Reduction Act of 2022.

We look forward to deploying FidelisH2 across our future projects and to providing other select users a path to zero carbon intensity clean hydrogen utilizing certified natural gas and renewable energy, ended Bengt Jarlsjo, Co-Founder and COO of Fidelis.

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