In Denmark, Topsoe, has chosen New Energy Risk (NER), a provider of technology performance insurance, as the preferred insurance partner for Topsoe’s SOEC hydrogen electrolyzer products. The partnership follows NER’s completion of detailed technical due diligence of Topsoe’s SOEC electrolyzer technology and enables Topsoe’s customers to deploy NER’s technology performance insurance on projects using SOEC technology. The completion of technical due diligence streamlines the offering of performance insurance to eligible projects, who can benefit from improved timelines and increased certainty of financing success, the company said. Sundus Cordelia Ramli, CCO Power-to-X at Topsoe, said: “Our partnership with NER is an important milestone to accelerate the delivery of our customers’ green hydrogen projects and is a testament to the confidence in our technology. As the insurance provides performance coverage for commissioning, ramp-up and operations it’s a strong de-risking tool supporting customers and investors with increased bankability for projects that involve our SOEC electrolyzers.”
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