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Department of Energy (DOE) Energy Projects Tax Incentives

Mayer Brown

The Inflation Reduction Act as a Mining Finance Alternative

Mayer Brown on

It has been a little over a year and a half since the enactment of the Inflation Reduction Act (“IRA”) promoted by the Biden Administration, and critical mineral producers and their investors are rushing to find ways to...more

Wiley Rein LLP

Treasury Department Issues Guidance and Timeline to Allocate $4 Billion in Qualifying Advanced Energy Project Credits

Wiley Rein LLP on

On May 31, 2023, the U.S. Department of the Treasury's Internal Revenue Service (IRS) released additional guidance on the implementation and administration of Internal Revenue Code §48C—The Qualifying Advanced Energy Project...more

Womble Bond Dickinson

How Manufacturers Can Take Advantage of the Inflation Reduction Act

Womble Bond Dickinson on

The Inflation Reduction Act (the “IRA”) is a wide-ranging bill that includes, among other things, significant investments and reforms by the federal government in a variety of different sectors, including manufacturing,...more

Morgan Lewis

IRS and DOE Publish Details on First Allocation of $10B Section 48C Green Technology Industry Tax Credits Authorized by IRA

Morgan Lewis on

he Internal Revenue Service (IRS), the Treasury Department (Treasury), and the Department of Energy (DOE) released Notice 2023-18 (Notice) on February 13, detailing the procedures through which the IRS and DOE will award a...more

Stoel Rives LLP

Treasury Issues Guidance on Section 48C Credit Allocation Program

Stoel Rives LLP on

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

Paul Hastings LLP

A New Year and Another Chance to Get it Right – Tax Incentives and Permitting Reforms Pave the Way for More Renewables in 2023 and...

Paul Hastings LLP on

On August 16, 2022, President Biden signed into law the Inflation Reduction Act (“IRA”). Heralded as a “transformative” legislative package, the IRA provides eye-popping incentives to drive clean energy development and...more

Allen Matkins

Renewable Energy Update - December 2022 #2

Allen Matkins on

The Department of Energy on Tuesday announced a scientific breakthrough in nuclear fusion at a national lab in California, marking a major step toward developing a new, sustainable form of energy that releases virtually no...more

Kilpatrick

The DOE, LPO, and Inflation Reduction Act Incentivize Significant Tribal Energy Development

Kilpatrick on

Pound-for-pound, Tribes have the potential to be among the United States’ most prolific clean energy developers. Tribal lands, which compose approximately 5.8% of the total land area in the contiguous United States, have the...more

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