Return Carbon and Verified Carbon have announced Project Concho, a first-of-its-kind Direct Air Capture (DAC) hub in Tom Green County, Texas. This facility will be the world’s first DAC hub powered entirely by wind energy. By combining cutting-edge DAC technology with onsite geological carbon storage, the project aims to remove 50,000 tons of CO₂ annually by 2030, with plans to scale up to 500,000 tons per year.
“Project Concho is a significant step forward in scaling up DAC,” said Martijn Verwoerd, Managing Director of Return Carbon. “We’re thrilled to make West Texas a home for this groundbreaking DAC hub and create new opportunities for the region.”
The success of Project Concho lies in its unique partnership with Greenalia, a global renewable energy leader. Greenalia will construct and operate the wind farm powering the DAC hub, ensuring a reliable and cost-effective energy source. This collaboration addresses a critical challenge for DAC projects: access to low-cost, dependable power.
“We are excited about the partnership with Project Concho, as it reflects a shared vision and collaboration framework,” said Alexandre Alonso, SVP of Business Development at Greenalia. “The flexibility offered by the DAC hub to optimize around energy price peaks is a game changer for renewable energy projects.”
The partnership leverages a unique Power Purchase Agreement (PPA) structure, allowing Greenalia to balance energy production while providing low-cost power to Project Concho. This innovative model is expected to set a precedent for future renewable power-DAC collaborations.
At the heart of Project Concho are the Stratus DAC units provided by Skytree, a leader in carbon removal technology. Skytree’s patented design optimizes energy efficiency while ensuring maximum CO₂ capture. The modular structure of the DAC units allows for scalability and uninterrupted operation, making them an ideal fit for large-scale projects.
“Deploying DAC at scale is necessary to drive down costs across the value chain,” said Elena Nikonova, VP North America at Skytree. “We are thrilled to provide the technology needed to bring Project Concho to life.”
The synergy between DAC technology and renewable energy in Project Concho represents a transformative approach to carbon removal. The facility’s design ensures it can operate 24/7 while maintaining energy efficiency and high capture rates.
>> In Other News: Clean Hydrogen Hub in Michigan Gets $22M in Federal Backing
Project Concho not only tackles climate change but also provides economic benefits to the Concho Valley region. Local landowners stand to gain passive income from carbon sequestration while maintaining traditional land uses.
“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 local economy,” said Coleman White, co-founder of Verified Carbon and a local landowner.
Additionally, the project strengthens Texas’s position as a leader in clean energy innovation. By integrating DAC with renewable power, Project Concho demonstrates how the energy transition can benefit both the economy and the environment.
As the first phase of Project Concho focuses on removing 50,000 tons of CO₂ annually, the long-term goal is to scale up to 500,000 tons per year. This ambitious target aligns with the growing demand for verified carbon credits in global carbon markets. The project’s success could pave the way for similar DAC hubs worldwide.
Return Carbon and Verified Carbon’s collaboration with Greenalia and Skytree highlights the potential for multidisciplinary partnerships to advance climate solutions. The innovative framework established by Project Concho serves as a blueprint for future DAC and renewable energy projects.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Carbon Capture Gets Real: How Occidental and 1PointFive Are Reshaping Clean Energy in the U.S. 🌊 St Ives Bay Carbon Capture Plans Scrapped 🚢 Major Nations Agree on First-ever ...
Inside This Issue 💰 Who's Buying the Carbon? Inside Q1 2025’s Biggest CDR Deals 📄 Occidental and 1PointFive Secure Class VI Permits for STRATOS Direct Air Capture Facility 🤝 1PointFive Signs 25-Ye...
Inside This Issue 🧭 Resilience and Rethink: Why Hydrogen and Carbon Capture Still Deserve a Seat at the Table 🚌 BAE Systems to Power New Hybrid-electric Bus Fleet in San Francisco 🛢️ CIMC-Hexagon ...
On April 3, 2025, the Louisiana Department of Energy and Natural Resources (LDENR), Office of Conservation, issued a Draft Permit prepared by the Injection and Mining Division for Hackberry Carbon ...
Major Nations Agree on First-ever Global Fee on Greenhouse Gases With Plan That Targets Shipping
Tugboats assist a container ship as it prepares to dock at the Manila International Container Terminal on April 8, 2025. (Aaron Favila / AP Photo) Many of the world’s largest shipping nations deci...
VANCOUVER, BC, April 11, 2025 /PRNewswire/ -- CO280, a leading developer of large-scale carbon dioxide removal (CDR) projects, today announced a historic offtake agreement with Microsoft from a pro...
CF Industries Forms JV With Jera, Mitsui for $4 Billion Low-Carbon Ammonia Plant
April 8 (Reuters) - CF Industries (CF.N), opens new tab said on Tuesday it has formed a joint venture with Japan's largest power generator, JERA, and trading house Mitsui & Co (8031.T), opens n...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.