Decarb Weekly 3/12/2026

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: 

Between 2020 and 2025, U.S. electricity demand grew ~1.7% annually compared with 0.1% annual growth between 2005 and 2019. – U.S. Energy Information Administration

Recent Market News:

• Accounting for 8% of global emissions and one of the largest contributors of any single industry, the Global Cement and Concrete Association has set a net-zero target of 2050, with an interim target of 25% by 2030. – GlobeNewswire
• The Net-Zero Asset Owner Alliance, representing more than $9 trillion in assets, released the fifth iteration of its Target-Setting Protocol, introducing a new category of “transition targets” designed to steer capital toward companies that are actively decarbonizing. – ESG News 
• HSBC mobilized more than $102 billion in sustainable finance and investment in 2025, reaching a new annual record for the bank, and the first time that it has exceeded $100 billion. – ESG Today

Transactions:

• 3/11/2026: Ara Energy (Ara Partners) acquired Gate City Power, Gate City Renewable Fuels, and an interest in the JET retail network for approximately $875 million. – PR Newswire
• 3/10/2026: Beazley acquired kWh Analytics to leverage its data-driven modeling to capture a larger share of the U.S. solar and storage risk-mitigation market. – PV Magazine
• 3/9/2026: Siris entered a definitive agreement to acquire a majority stake in TAKKION, an integrated services provider to the renewable energy industry. – GlobeNewswire
• 3/6/2026: Elementium, an electrolyte based battery storage developer, closed $11 million in seed financing. – Axios
• 3/6/2026: TGI Solar Power Group signed a Letter of Intent to acquire XGC Corp, a developer of sovereign-grade carbon registry infrastructure powered by artificial intelligence. – Centre Daily Times
• 3/6/2026: Carbon capture and removal technology provider Svante acquired carbon dioxide removal project developer Carbon Alpha. – ESG Today

In-Depth Read:
New Data Center Hotspots Are Emerging: Four Things to Know – BloombergNEF

Podcast:
AI scaling pathways; on grid, on edge, off gird, off planet – The Catalyst

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