Decarb Weekly 4/17/2025

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: 

Solar: Global electricity generation in 2024 and historical trend – Ember

Recent Market News:

• The EPA has issued its first-ever permits for the sequestration of CO2 captured from a DAC project, granting Occidental and its subsidiary 1PointFive approval to store CO2 from their STRATOS facility in Texas in deep underground wells. – ESGToday

Transactions:

• 4/17/25: Occidental has acquired direct air capture startup Holocene, further expanding its carbon removal capabilities, though the terms of the deal remain undisclosed. – Carbon Herald
• 4/11/25: Microsoft has signed a 12-year agreement to purchase 3.7 million metric tons of carbon removal credits from CO280, a project developer working with pulp and paper mills. – TechCrunch
• 4/8/25: Carbon Equity has closed its Climate Tech Portfolio Fund III at €105 million to support climate innovations across sectors like green hydrogen and CO2-free cement. – Silicon Canals

In-Depth Read:
Global Electricity Review 2025 – Ember

Podcast:
Long waves: The global trends driving energy transition and electrification – CIBC

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