News & Analysis as of

Energy Projects Coronavirus/COVID-19 Tax Credits

Husch Blackwell LLP

2024 Project Perspectives: Exploring Trends and Developments in Alternative Project Delivery

Husch Blackwell LLP on

P3s are in a constant state of flux as project owners and participants continue to innovate, striking upon new ways to bring much-needed infrastructure online. In this, our seventh annual report covering public-private...more

McDermott Will & Emery

Weekly IRS Roundup June 20 – June 23, 2023

McDermott Will & Emery on

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the shortened week of June 20, 2023 – June 23, 2023. (June 19 is a federal holiday.)...more

Latham & Watkins LLP

COVID-19 Tax Relief Package Extends Renewable Power and Carbon Capture Tax Credits

Latham & Watkins LLP on

Congress extends tax credits for certain renewables, and expands tax credits for offshore wind and waste energy recovery. Key Points: ..Production tax credits for onshore and offshore wind projects are extended at a 60%...more

A&O Shearman

IRS Announces Extension of ‘Continuity Safe Harbor’ for Renewable Energy Projects

A&O Shearman on

The IRS announced in Notice 2020-41 relief for taxpayers developing renewable energy projects to satisfy the “beginning of construction” requirement by extending the four-year “continuity safe harbor” for certain projects...more

Sullivan & Worcester

A Breath of Fresh Air During the Pandemic: Treasury Plans to Extend PTC and ITC Deadlines for Renewables

Sullivan & Worcester on

The U.S. Department of the Treasury ("Treasury") plans to adjust the current safe-harbor guidelines for the federal production tax credit ("PTC") and investment tax credit ("ITC"), providing some certainty and predictability...more

Bracewell LLP

COVID-19 Impact on US Renewable Energy Projects

Bracewell LLP on

The COVID-19 pandemic is raising numerous concerns for renewable energy projects under development in the United States. First, will Congress address renewable energy industry concerns in the coming round of the COVID-19...more

Snell & Wilmer

The COVID-19 Impact on Renewable Energy Projects

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The COVID-19 pandemic continues to wreak havoc on a host of industries worldwide and the renewable energy market is not exempt. In the U.S., the renewable market is likely to be impacted by supply chain and construction...more

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