The Department of Energy (DOE) is preparing to issue a Notice of Funding Opportunity (NOFO) titled "Regional Direct Air Capture Hubs – Recurring Program" aimed at commercializing direct air capture (DAC) technologies through the establishment of four regional hubs. This initiative, authorized under the Infrastructure Investment and Jobs Act, seeks to allocate up to $1.8 billion across three funding areas, with federal funding shares ranging from $50 million to $600 million, and a minimum non-federal cost share of 50%. The program's objectives include designing and operating DAC facilities capable of capturing at least one million metric tons of CO2 annually per hub, while also prioritizing community benefits, environmental considerations, and workforce development. Interested applicants should register in the OCED eXCHANGE and note that the application period will open in late 2024, with a close date set for December 31, 2025. For further inquiries, contact OCED eXCHANGE Support at OCED-ExchangeSupport@hq.doe.gov.