Decarb Weekly 8/10/23

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:

Clean energy manufacturing projects announced since Inflation Reduction Act passage – Canary Media

Recent Market News:

• Inflation, supply-chain backlogs, rising interest rates, and long permit and grid connection timelines have stalled 11.7-gigawatt of wind energy developments worth $33 billion, likely pushing 2030 offshore wind targets out of reach. – WSJ
• Scientists at the Department of Energy have repeated hydrogen ignition. This nuclear fusion reaction generated more power than the first, which generated 3.15 megajoules. The breakthrough should hearten investors, who have bet over $4 billion on the industry in ’21 and ’22. – TechCrunch

Transactions:

• 8/9/23: UGI Energy Services, has acquired GHI Energy (GHI), a Houston-based renewable natural gas company. – Bioenergy Insight
• 8/8/23: Bright, a startup with the goal of making it easier for homeowners and businesses to buy and install rooftop solar in Mexico has raised $31.5 million in funding. – Canary Media

In-Depth Read:
Mapped: Carbon Pricing Initiatives Around the World – Visual Capitalist
Another In-Depth Read:
Farmers are being paid millions to trap carbon in their soils. Will it actually help the planet? – Science
Podcast:
Doomberg: “Our Fragile Energy Economy” – The Great Simplification 

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.