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Inflation Reduction Act Offers Significant Tax Incentives Targeting Energy Transition and Renewables

The Inflation Reduction Act of 2022 (the "IRA"), signed into law on August 16, 2022, is already causing shock waves in the renewables industry and energy transition space. Specifically, the IRA includes significant tax credit...more

Financing US offshore wind

Government incentives are making it easier to finance offshore wind projects, and developers are taking lessons from Europe to manage costs and risk, and attract investors - The cost of offshore wind is falling fast. In...more

Fast forward for US offshore wind

Changing regulatory, project finance and transmission dynamics are fueling rapid growth in US offshore wind - Foreword - Europe is the leader in offshore wind, with nearly 25 GWs of installed capacity in 2020. Asia...more

Stimulus Bill Brings Welcomed Changes to the Renewable Energy Industry

On December 27, 2020, President Trump signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the "Extenders Bill"), extending certain renewable energy tax credits and introducing new ones. The Extenders...more

Extenders Bill – a small victory for Wind and a loss for Solar

The production tax credit for renewable wind projects under Section 45 of the Internal Revenue Code of 1986 (the "PTC" and "Code") has been extended by one year pursuant to a 2019 year-end federal government budget...more

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