Pumping CO2 into greenhouses has long been known to increase plant growth by as much as 30 per cent, but the process is inefficient, and during hot months the gas gets vented into the atmosphere, the report said.
CO2 Gro’s technology involves infusing water with CO2 and misting it onto plants in short bursts, improving the efficiency of the process.
The marijuana industry quickly became a top market, and now CO2 Gro has sold its misting systems to eight licensed cannabis operations. It is also concentrating on other crops grown in protected structures, including peppers and berries which have large leaves for the spray.
“The use of carbon in most cases has not been a very precise thing. People burn fuels to make carbon, they do all sorts of things to get the CO2 for the carbon, and in most cases it’s lost,” said John Archibald, CO2 Gro’s CEO.
To pump the gas into a 100,000-square-foot greenhouse, an operator may have to inject up to a million cubic feet of CO2 but in many cases as much as 90 per cent of that escapes back into the atmosphere.
“What we do is put the CO2 into the water at a specific solution rate, and put it onto the leaves in a mist so the leaves basically uptake nearly all of the carbon that we give them. So we use about five per cent of the carbon that somebody would if they were gassing,” he said.
The mist has also been effective in reducing E. coli, mould and powdery mildew because it’s slightly acidic.
“So a lot of folks look to us for the natural pesticide that comes part and parcel with putting on mildly acidic water loaded with saturated CO2 molecules,” said Sam Kanes, the company’s vice-president of market research.
CO2 Gro has 10 staff, and uses a global network of independent sales representatives to market its delivery systems. Its largest shareholder is U.S.-based private equity firm Ospraie Ag Science LLC.
In the past year, CO2 Gro has signed several deals with companies around the world to determine the commercial viability of the technology in their operations. They grow crops such as lettuce, strawberries and peppers, as well as orchids and roses.
“We are seeing an average of 30-per-cent crop increases, and to generate those crop increases we’re only adding about five per cent of the CO2 to the atmosphere,” Mr. Archibald said.
“In a world that is experiencing food stresses to feed populations, particularly in the emerging economies that’s an important gain. We can’t work with wheat and we can’t work with rice, but we can make a significant contributions at the margin,” he said.