Decarb Weekly 5/29/2025

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: 

Deployment of renewables, electric cars, and energy storage continued to rise in 2024 – IEA

Recent Market News:

• Microsoft has signed a binding long-term agreement with Sublime Systems to purchase up to 622,500 metric tons of low-carbon cement over six to nine years, supporting the scale-up of Sublime’s electrochemical cement technology. – Business Wire
• Li-Cycle, once a leading lithium-ion battery recycler, has filed for bankruptcy amid financial struggles, with its largest creditor, Glencore, offering a $40 million bid for key assets. – TechCrunch

Transactions:

• 5/22/2025: The European Commission has allocated €992 million to fund 15 renewable hydrogen projects across five countries, aiming to produce 2.2 million tonnes of clean hydrogen over the next decade. – Carbon Credits
• 5/20/25: Novisto, a Canada-based sustainability reporting software company, has raised $27 million in a Series C funding round led by Inovia Capital. – Finsmes

In-Depth Read:
Global Critical Minerals Outlook 2025 – IEA

Podcast:
This Week in Carbon – Episode 13

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