Decarb Weekly 2/19/2026

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: 

Capital flows for clean energy investment announcements are concentrated in established energy and industrial corridors, with solar and storage driving project volume, while hydrogen and carbon management are characterized by fewer, capital-intensive nodes anchored near large upstream CO₂ sources rather than broad, distributed deployment. – Clean Investment Monitor

Recent Market News:

• Microsoft announced it matches 100% of its annual global electricity consumption with renewable energy, supported by 19 GW of operating capacity, and an additional 21 GW under contract expected to be online within five years. – Microsoft
• Google closed a power purchase agreement with Ormat to provide up to 150 MW of new geothermal capacity for data center operations in Nevada. – Ormat

Transactions:

• 2/18/2026: Perch Energy acquired Solstice, a solar service platform that connects energy users to local solar power and delivers management solutions to asset owners. – Business Insider
• 2/17/2026: Utility Global, a provider of hydrogen production technology that converts water into clean hydrogen, closed a $100 million Series D led by Ara Partners and APG Asset Management. – PR Newswire
• 2/12/2026: Alva Energy, a nuclear energy company, closed a $33 million Series A to unlock 10 GW of new electric power generation capacity from their existing U.S. reactor fleet. – Business Wire
• 2/11/2026: Inertia Enterprises, a developer of laser-based fusion energy technology designed to deliver clean, grid-scale power, closed a $450 million Series A led by Bessemer Venture Partners. – Business Insider

In-Depth Read:
US Q4 2025 Update – Clean Investment Monitor

Podcast:
Can This Safer Nuclear Fuel Make a Comeback? – Factor This

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. Visit our website: Industria Partners