Kersten Broms

Stoel Rives LLP

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Treasury Issues Proposed Regulations Regarding Energy Property, Prevailing Wage and Apprenticeship, the 80/20 Rule, and...

The U.S. Department of the Treasury (Treasury Department) recently released a notice of proposed rulemaking regarding four significant aspects of the investment tax credit (ITC) under Section 48 of the Internal Revenue Code...more

11/21/2023 / Energy Projects , Energy Sector , Energy Storage , Energy Tax Incentives , Inflation Reduction Act (IRA) , Investment Tax Credits , Solar Energy , Tax Credits , U.S. Treasury

Treasury Issues Guidance on Section 48C Credit Allocation Program

On February 13, 2023, the U.S. Department of the Treasury released Internal Revenue Service (IRS) Notice 2023-18, Initial Guidance Establishing Qualifying Advanced Energy Project Credit Allocation Program Under Internal...more

2/16/2023 / Department of Energy (DOE) , Energy Projects , Energy Sector , Inflation Reduction Act (IRA) , IRS , Sustainability , Tax Incentives , U.S. Treasury

Treasury Issues Low-Income Communities Solar and Wind Credit Guidance

The U.S. Department of the Treasury yesterday released Internal Revenue Service Notice 2023-17, Initial Guidance Establishing Program to Allocate Environmental Justice Solar and Wind Capacity Limitation under Internal Revenue...more

2/15/2023 / Energy Projects , Energy Sector , Investment Tax Credits , IRS , Renewable Energy , Renewable Energy Incentives , Solar Energy , U.S. Treasury , Wind Power

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