Decarb Weekly 7/03/2025

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: 

U.S. energy use since the nation’s founding in 1776. – EIA

Recent Market News:

• Trump’s budget bill expands Arctic drilling and preserves tax credits for nuclear, hydro, and geothermal projects. – Reuters
• New Jersey opens a solicitation for up to 1 GW of bulk battery storage as it chases a 2 GW 2030 target. – Utility Dive
• An amendment to EU Climate Law proposes carbon-tax rebates for exports and targets a 90% emissions-cut for 2040. – Europa
• Redwood Materials expands into the energy storage business through second-life EV batteries, launching a 63 MWh microgrid for AI data centers. – TechCrunch
• Senate megabill extends hydrogen tax credits, slashing support for wind, solar, EVs, and domestic manufacturers. – WSJ

Transactions:

• 07/02/2025: Terra CO₂ raises $124.5 million Series B to help bring its low-carbon cement replacement to market. – TechCrunch
• 07/02/2025: Climeworks secures $162 million equity to build next-gen direct-air-capture hubs. – TechFundingNews
• 07/02/2025: Dexter Energy closes $27.1 million round for AI-driven services for renewable energy and batteries. – Yahoo!Finance
• 07/01/2025: Arevon locks in a $600 million credit facility to expand its U.S. solar-plus-storage pipeline. – Arevon
• 06/27/2025: Climatiq lands a $11.7 million Series A aimed at accelerating its AI-powered solutions to help companies integrate carbon data into their business decisions. – ESG Today

In-Depth Read:
Why Hydrogen Won’t Win the Zero-Carbon Steel Race – CleanTechnica

Podcast:
Peaks and Valleys in the Energy Transition with Arjun Murti – Columbia Energy Exchange

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