The proposed rules for monetizing tax credits should catalyze energy transition markets and offer an alternative to tax equity transactions.
On June 14, 2023, the IRS issued proposed rules for how it intends to administer...more
The Inflation Reduction Act ushers in the largest clean energy tax credit package in US history.
Key Points:
• Wind and solar tax credits receive a multi-year extension at full rates, and solar projects are eligible...more
8/18/2022
/ Biden Administration ,
Carbon Capture and Sequestration ,
Climate Change ,
Energy Tax Incentives ,
Green Energy ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Incentives ,
Tax Credits
Notice 2021-41 gives renewable energy developers more time to complete their projects and qualify for tax credits.
Key Points:
..Developers of PTC- and ITC-eligible renewables projects that began construction in 2016...more
A favorable outcome for wind and other renewable projects, but solar and storage are left out.
Key Points:
..Qualifying wind projects on which construction begins after December 31, 2019 and before January 1, 2021 will...more