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Energy Sector International Trade Commission (ITC) Production Tax Credit

A&O Shearman

Takeaways from Treasury's proposed regulations on U.S. tax credits for clean hydrogen production

A&O Shearman on

The U.S. Treasury Department (Treasury) and the Internal Revenue Service (the IRS) issued proposed regulations on December 22, 2023, providing initial guidance on the clean hydrogen tax credit under section 45V (the 45V...more

Orrick, Herrington & Sutcliffe LLP

Inflation Reduction Act Implications for Renewables and Energy Transition

The Inflation Reduction Act of 2022 (the “IRA”) released by U.S. Senate Democrats on July 27, 2022, would dramatically reshape and expand tax credit incentives for a broad range of renewable energy resources and could...more

White & Case LLP

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

White & Case LLP on

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

McGuireWoods LLP

IRS Provides Solar ITC Guidance on the Begin-Construction Requirement

McGuireWoods LLP on

On June 22, the IRS issued Notice 2018-59, providing guidance to determine when construction has begun on energy facilities, for purposes of the Section 48 investment tax credit. The long-awaited guidance follows changes...more

Allen Matkins

Renewable Energy Update -- May 2014 #2

Allen Matkins on

Renewable Energy Focus - White House announces new action on solar energy: TIME - May 9 - The White House is announcing executive actions to advance clean energy on Friday, including $2 billion worth of upgrades to...more

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