This is What 'Project Concho' Could Look Like

According to information, the plan is to eventually expand the facilities to soak up 500,000 tonnes of CO2 annually.

Project Concho will be the first DAC hub globally to operate entirely on wind power, according to the developer duo. Spanish renewables company Greenalia will build and operate a new wind farm for this project, and provide low-cost electricity under a power purchase agreement (PPA) with Concho partners.

Amsterdam-based DAC tech specialist Skytree will supply a modular DAC solution called Skytree Stratus. According to that company, the Skytree Stratus uses a cyclic filtration system and produces up to 1000 kg of CO2 per unit, per day.

The companies did not provide any timeline or investment projections.

“Project Concho is a significant step forward in scaling up DAC,” stated Martijn Verwoerd, Managing Director of Return Carbon. “This opportunity aligns perfectly with Return Carbon and Verified Carbon’s joint mission to mitigate climate change through the scalable commercialization of new technologies in impactful infrastructure projects. We're thrilled to make West Texas a home for this groundbreaking DAC hub and create new opportunities for the region.”

“Projects like these allow us to maintain traditional land uses while benefiting from a new income source and supporting projects that sustain both our environment and the local economy," Coleman White, co-founder of Verified Carbon and landowner in Concho Valley stated.