Decarb Weekly 1/25/24

Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech. 

Chart of the Week: 

The US grid battery boom isnt slowing down. – EIA via Canary Media

Recent Market News:

• Ten companies that are advancing new technology to reduce emissions in cement and concrete announced the launch of the Decarbonized Cement and Concrete Alliance (DC2) which is dedicated to growing awareness around policies that will accelerate the adoption of these carbon-reducing solutions in infrastructure. – DC2
• Despite rising power demands from growth in emerging markets, AI, and data centers, the IEA predicts that global emissions from electricity will fall thanks to record power generation from renewable and nuclear sources. – WSJ
• The biggest wave ever of liquefied natural gas megaprojects, totaling about $290 billion of investments, is about to ramp up as the sector bets on its place in the clean-energy transition. – Bloomberg

Transactions:

• 1/24/24: Sion Power raised $75mm for its lithium-metal battery that is used to extend the range of EVs. The funding will allow the company to scale up the business to begin commercially supplying batteries in 2027. – WSJ

In-depth Read:
Analysis: Carbon Market Evolution – Medium

Podcast:
How a major buyer can work with industry and contractors to build a market for low carbon strategic materials – Decarb Connect

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.