David Feldman and Paul Schwabe of the National Renewable Energy Laboratory (NREL) have published their annual solar PV financing report: Terms, Trends, and Insights on PV Project Finance in the United States, 2018. ...more
We have published our Legal Update on the Federal Circuit’s opinion in the Alta Wind case involving the calculation of eligible basis for 1603 Treasury cash grant purposes. The 1603 Treasury cash grant rules “mimic” the...more
9/11/2018
/ 1603 Grants ,
Acquisitions ,
Appeals ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Investment Tax Credits ,
Power Purchase Agreements ,
Production Tax Credit ,
Remand ,
Renewable Energy ,
Utilities Sector ,
Vacated ,
Wind Power
In a recent case, the Tax Court ruled in the taxpayer’s favor as to three California distributed generation solar projects’ eligibility for the energy credit under Section 48 and bonus depreciation under Section 168. ...more
Below are soundbites from panelists at Infocast’s Solar Power Finance & Investment Summit from March 19th to 22nd in Carlsbad, CA. It was an extremely well-attended event and the mood of the participants was generally...more
4/26/2018
/ Base Erosion Tax ,
Corporate Taxes ,
Energy Projects ,
Energy Sector ,
Energy Storage ,
Infrastructure ,
Investment Tax Credits ,
Power Grid ,
Power Purchase Agreements ,
Renewable Energy ,
Solar Energy ,
Tax Cuts and Jobs Act ,
Tax Equity ,
Tax Reform ,
Trump Administration
The Bipartisan Budget Act of 2018 (H.R. 1892) (the “Act”) was enacted on February 9, 2018. The Act is a two-year budget agreement that includes a number of provisions extending lapsed renewable energy-related tax credits;...more
2/15/2018
/ Anti-Avoidance ,
Base Erosion Tax ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Excise Tax ,
Federal Budget ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Incentives ,
Solar Energy ,
Tax Credits ,
Wind Power
A Word About Wind has published our article What Is the Impact of Tax Reform on US Wind Tax Equity Deals? in its blog (subscription required) and newsletter. ...more
1/19/2018
/ Base Erosion Tax ,
Bonus Depreciation ,
Business Taxes ,
Compensation & Benefits ,
Corporate Taxes ,
Energy Projects ,
Energy Sector ,
Infrastructure ,
Investment Tax Credits ,
Partnerships ,
Popular ,
Production Tax Credit ,
Renewable Energy ,
Tax Deductions ,
Tax Equity ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Wind Power
Yesterday, the House voted 227 to 303 in favor of the tax reform bill agreed to by the conference committee. No Democrats voted for the House bill, and 12 Republicans from high tax states voted against it. The Senate was...more
12/21/2017
/ Alternative Minimum Tax ,
Corporate Taxes ,
Energy Sector ,
Investment Tax Credits ,
Legislative Agendas ,
MACRS ,
Power Purchase Agreements ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Tax Credits ,
Tax Reform ,
Trump Administration
On Thursday, November 2, Republicans in the US House of Representatives released their proposed tax reform legislation, providing for massive alterations to tax law. The proposed legislation would trim tax benefits applicable...more
11/6/2017
/ Automotive Industry ,
Electric Vehicles ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Investment Tax Credits ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Solar Energy ,
Tax Code ,
Tax Credits ,
Tax Reform ,
Wind Power
Below are soundbites from panel discussions at Solar Power International in Las Vegas on September 11 and 12. The soundbites are organized by topic, rather than in chronological order, and were prepared without the benefit of...more
10/24/2017
/ Clean Energy ,
Corporate Taxes ,
Department of Defense (DOD) ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Independent Power Producers (IPPs) ,
Investment ,
Power Purchase Agreements ,
Procurement Guidelines ,
Renewable Energy ,
Solar Energy ,
State and Local Government ,
Tax Equity Partnership ,
Tax Reform
The National Renewable Energy Laboratory (NREL), a federally-owned laboratory that is funded through the U.S. Department of Energy, recently released a report titled Wind Energy Finance in the United States: Current Practice...more
The U.S. Department of Energy recently released its 2016 Wind Technologies Market Report. The 94-page report provides an in-depth review of the current health and direction of the wind industry, replete with data, analysis...more
8/28/2017
/ Debt Market ,
Department of Energy (DOE) ,
Emerging Markets ,
Energy Sector ,
Production Tax Credit ,
Renewable Energy ,
RGGI ,
State Taxes ,
Tax Equity Partnership ,
Tax Reform ,
Wind Power
The American Wind Energy Association’s (AWEA) annual conference, WindPower, was held in Anaheim, California. Below are soundbites from panel discussions on May 24, 2017. The soundbites were prepared without the benefit of a...more
7/31/2017
/ Capacity Market ,
Clean Energy ,
Corporate Taxes ,
Energy Policy ,
Energy Sector ,
Independent Power Producers (IPPs) ,
Legislative Agendas ,
Production Tax Credit ,
Renewable Energy ,
Tax Rates ,
Tax Reform ,
Wind Power
On June 28, Mayer Brown and Alfa Energy Advisors presented the webinar Tax Structuring and Impact of Potential Tax Reform....more
Below are soundbites from panelists at the Solar Energy Industries Association’s (SEIA) Finance & Tax Seminar in New York City. The seminar was held on June 1 and 2, but only comments from the second day are reflected below....more
6/15/2017
/ Coal Industry ,
Energy Projects ,
Energy Sector ,
Executive Orders ,
Insurance Industry ,
International Trade Commission (ITC) ,
IRS ,
Liability Insurance ,
Partnerships ,
Renewable Energy ,
Solar Energy ,
Tax Reform ,
Trump Administration
On May 4, 2017, Maryland became the first state in the country to offer a tax credit for energy storage systems with Governor Larry Hogan’s (R) signing of Senate Bill No. 758....more
On April 11, the IRS announced an inflation adjustment increase in the production tax credit (“PTC”) for power sold in 2017 that is generated by wind, closed-loop biomass, geothermal projects to 2.4 cents from the prior 2.3...more
Below are soundbites from speakers and panelists who spoke at Infocast’s Solar Power Finance & Investment Summit on March 22 and 23 in San Diego. It was Infocast’s best attended event ever, and the mood was relatively...more
3/31/2017
/ Debt Market ,
Electricity Market Reform (EMR) ,
Energy Projects ,
Energy Sector ,
Leaseback ,
Mezzanine Lenders ,
Net Metering ,
PACE ,
Power Purchase Agreements ,
Renewable Energy ,
Renewable Energy Investments ,
Solar Energy ,
Tax Reform ,
Wind Power
On March 9, 2017, Oklahoma’s House of Representatives passed H.B. 2298, which would end the Oklahoma production tax credit for wind energy production three and a half years earlier than current law. This measure was first...more
Oklahoma governor Mary Fallin (R) recently released her proposed 2018 Executive Budget, which includes two new anti-wind tax proposals. The first proposal would end the zero-emission tax credit for wind facilities placed in...more
Below are soundbites from panelists at the Infocast Wind Power & Finance Investment Summit on February 28, 2017 in Rancho Bernardo, California. The soundbites are organized by topic, rather than in chronological order, and...more
2/28/2017
/ Clean Power Plan ,
Corporate Taxes ,
Critical Infrastructure Sectors ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Investment Tax Credits ,
Mexico ,
Oil & Gas ,
Power Purchase Agreements ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Investments ,
Solar Energy ,
Tax Policy ,
Tax Reform ,
Trump Administration ,
Utilities Sector ,
Wind Power