Dutch startup picked for $100M wind-powered carbon capture plant in Texas
Update: 2024-11-21
Description
Amsterdam-based startup Skytree is set to deploy its carbon-sucking machines on a newly announced carbon capture and storage project in Texas, US. Dubbed “Project Concho,” the $100mn Direct Air Capture (DAC) plant aims to initially vacuum up 30,000 tonnes of carbon from the atmosphere annually, eventually scaling to 500,000 tonnes. This carbon will be permanently stored underground, on site. The facility is set to enter operation in 2028, a Skytree representative told TNW via email. Project Concho is masterminded by carbon capture developers Return Carbon, from the Netherlands, and Verified Carbon, from Texas. They will generate revenue from the plant…
This story continues at The Next Web
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