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🌟 Exciting News from Texas: Project Concho - The World’s First 100% Wind-Powered Direct Air Capture Park! 🌟 Return Carbon and Verified Carbon are proud to announce Project Concho, a pioneering Direct Air Capture (DAC) park located in Tom Green County, Texas. This groundbreaking initiative will be powered entirely by wind energy and will combine advanced DAC technology with onsite geological carbon storage to remove CO₂ directly from the atmosphere. Key Highlights of Project Concho: 🎯 Targeting 50,000 tons of CO₂ removal annually by 2030, with plans to scale up to 500,000 tons per year. 💨 Powered by a new wind farm developed by Greenalia S.A., ensuring clean, renewable energy while optimizing revenue of the windfarm through a flexible Power Purchase Agreement. 🛠️ Features state-of-the-art modular DAC units from Skytree, optimizing energy use and CO₂ capture efficiency. “This project marks a significant step forward in scaling DAC and aligns perfectly with our mission to combat climate change through innovative infrastructure,” said Martijn Verwoerd, Managing Director of Return Carbon. Why This Matters: 💼 Economic Boost for the Concho Valley: Project Concho will provide new revenue streams for local landowners while supporting sustainable land use. 🌍 A Win for the Planet: Generating premium carbon credits to meet the growing demand for high-quality carbon offsets in global markets. ⚡ A Game-Changing Collaboration: The partnership between DAC developers and renewable energy providers like Greenalia S.A. sets the stage for future scalable, cost-efficient DAC projects. “We’re thrilled to collaborate on this innovative project that not only strengthens the business case for renewable energy but also creates a model for the future of sustainable energy partnerships,” said Alexandre Alonso, SVP of Business Development at Greenalia S.A.. Driving Innovation Together: A unique Power Purchase Agreement (PPA) structure ensures cost stability and optimized energy usage. Project Concho paves the way for large-scale DAC deployment, driving down costs and amplifying impact. 💡 Join us in shaping a cleaner, greener future! Stay tuned as Project Concho breaks ground and sets new standards for carbon capture and renewable energy collaboration. https://lnkd.in/eX_qRNSr #DAC #CarbonCapture #RenewableEnergy #WindPower #NetZero #Sustainability #Innovation #TexasPioneers