Decarb Weekly (October 6, 2022)
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:
Lithium prices have gone through the roof this year. – Canary Media
Recent Market News:
- Renewables met 100% of the rise in global electricity demand in the first half of 2022. Global electricity demand increased by 389 terawatt hours while wind, solar and hydro increased by 416 terawatt hours. – Michelle Lewis on Electrek
- The Biden Administration proposed a new permitting program for wind energy turbines, power lines, and other renewable projects that can kill golden eagles. The new program would make it easier to obtain a permit and help avoid future conflicts with wildlife protection as the industry continues to grow. – Renewable Energy World
- Steel-truss startup Oijo recently raised an additional $40 million and earned a contract to supply 967 megawatts for the Gemini Solar Project, the largest solar-plus-storage development in North America. Oijo replaces conventional solar foundations with a less-material intensive system that utilizes less steel and lower amounts of costly labor. – Julian Spector on Canary Media
Transactions:
- 9/29/22: Brookfield Renewable Partners plans to invest up to $2 billion to acquire Colorado-based Scout Clean Energy and Maryland-based Standard Solar. Both companies will remain independent and operate under Brookfield Renewable’s US platform. – Renewables Now
- 10/4/22: Long-duration battery startup Form Energy recently raised $450 million in financing led by ArcelorMittal and TPG Inc. The funds will help develop Form Energy’s first large-scale manufacturing facility to produce batteries that use substantial amounts of low-cost iron pellets. – Amrith Ramkumar on Wall Street Journal
In-Depth Read:
Podcast:
Go back