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Energy Storage Today's Popular Updates Solar Energy

Pillsbury - Gravel2Gavel Construction & Real...

Developer Perspectives on Today’s Energy Storage Markets

In 2023, the world added an impressive 45 gigawatts/97 gigawatt-hours of energy storage capacity, nearly tripling year-on-year growth, with the majority driven by battery storage installations. The global energy storage...more

Allen Matkins

Renewable Energy Update 3.21.24

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The first commercial-scale offshore wind farm in the United States is officially open, a long-awaited moment that helps pave the way for a succession of large wind farms. Danish wind energy developer Ørsted and the utility...more

King & Spalding

IRS and Treasury Issue Section 48 Investment Tax Credit Proposed Regulations

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Section 48 of the Internal Revenue Code of 1986, as amended (the “Code”) provides for an investment tax credit (“ITC”) for certain energy property. The Inflation Reduction Act of 2022 (the “IRA”) amended Section 48 in several...more

Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

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The U.S. Department of the Treasury and IRS on Nov. 17, 2023, released long-awaited proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code. Section...more

Womble Bond Dickinson

2024 Energy Transition Outlook Survey Report

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Womble Bond Dickinson (WBD)’s 2024 Energy Transition Outlook Survey Report points to a new phase in the multi-generational journey to Net Zero. While 56% of our respondents are deepening their focus on their transition...more

Allen Matkins

Renewable Energy Update - 7.06.23

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Jobs in the U.S. energy industry rose 3.8% last year, faster than overall employment growth and led by work in clean energy, the Department of Energy said last Wednesday. According to the U.S. Energy and Employment Report,...more

Allen Matkins

Renewable Energy Update - 5.05.23 #1

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The U.S. Senate on Wednesday voted to repeal President Joe Biden's suspension of tariffs on solar panels from four Southeast Asian nations, a measure aimed at supporting the small domestic manufacturing industry....more

Allen Matkins

Renewable Energy Update - October 2022 #3

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First lease sale to be held for offshore wind on West Coast - Associated Press – October 18 - The Biden administration will hold the first-ever lease sale for offshore wind energy on the West Coast, officials said October 18....more

Allen Matkins

Renewable Energy Update - October 2022

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U.S. proposal would permit eagle deaths as renewables expand - Associated Press – September 29 - The Biden administration on September 29 proposed a new permitting program for wind energy turbines, power lines, and other...more

Allen Matkins

Renewable Energy Update - September 2022 #4

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Governor Newsom signs sweeping climate legislation - ABC News – September 16 - Governor Gavin Newsom on September 16 signed a package of bills to expand California's reliance on clean energy and reduce carbon emissions...more

Allen Matkins

Renewable Energy Update - January 2022 #3

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California offshore wind energy area reaches new milestone - Offshore WIND – January 12 - The U.S. Bureau of Ocean Energy Management has released the draft Assessment on...more

Allen Matkins

Renewable Energy Update - December 2021 #4

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Renewable energy became the second-most prevalent U.S. electricity source in 2020 - Solar Industry Magazine – December 23 - In 2020, renewable energy sources – including wind, hydroelectric, solar, biomass, and geothermal...more

Allen Matkins

Renewable Energy Update - December 2021

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Renewables made up 87.6% of new electrical generating capacity for first 3 quarters of 2021 - Solar Power World – November 23 - According to a review by the SUN DAY Campaign of data recently released by the Federal Energy...more

Jackson Lewis P.C.

House Passes Build Back Better Act, Here’s What Employers Need to Know as It Goes to Senate

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The U.S. House of Representatives has passed the Build Back Better Act (BBBA) (H.R. 5376) by a vote of 220–213. Supported by the Biden Administration and congressional Democrats, the controversial bill heads to the Senate for...more

Husch Blackwell LLP

Real Estate Concerns For Hybrid Renewable Energy Projects

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The colocation of energy storage facilities with solar and wind projects has emerged as a popular trend within the renewable energy field. Many Independent System Operators have reported an increase in hybrid resources...more

Allen Matkins

Renewable Energy Update - July 2021 #2

Allen Matkins on

Historic drought to shrink California’s hydroelectric generation by 19% Renewable Energy World – July 8 - As a result of harsh drought conditions in California in 2021, the U.S. Energy Information Administration expects...more

Allen Matkins

Renewable Energy Update - July 2021

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IRS extends safe harbor provisions for renewable energy projects impacted by COVID-19 - Renewables Now – June 30 - The Internal Revenue Service (IRS) has granted extra time to renewable energy projects impacted by the...more

Allen Matkins

Renewable Energy Update - December 2020

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U.S. Senate approves Allison Clements and Mark Christie for FERC - Bullet PV-Tech – December 2 - The U.S. Senate has approved two candidates for the Federal Energy Regulatory Commission (FERC) that were nominated by...more

Allen Matkins

Renewable Energy Update - June 2020

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As utility solar costs drop 82%, U.S. renewable leaders target majority generation share by 2030 - Bullet Utility Dive – June 3 - The cost for utility-scale solar PV power has declined 82 percent since 2010, and the costs...more

Allen Matkins

Renewable Energy Update - September 2019 #4

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Focus - Landmark law that spurred growth of U.S. renewable energy market set for overhaul - Transmission & Distribution World – September 25 - A 40-year-old law that has been key to the growth of renewable energy in the...more

Allen Matkins

Renewable Energy Update - September 2019 #2

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Focus - Bipartisan Senate bill allocates $100M to ease residential solar and storage permitting - Utility Dive – September 10 - Senators Martin Heinrich, D-New Mexico, and Susan Collins, R-Maine, introduced a bill this...more

Allen Matkins

Renewable Energy Update - August 2019

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Focus - California farmers are planting solar panels as water supplies dry up - Los Angeles Times – July 31 - In the San Joaquin Valley alone, farmers may need to take more than half a million acres out of production to...more

Allen Matkins

Renewable Energy Update - June 2019

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Focus - California has too much solar power. That might be good for ratepayers - Los Angeles Times – June 5 - California set two renewable energy records last week: the most solar power ever flowing on the state’s main...more

Allen Matkins

Renewable Energy Update - May 2019 #3

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Focus - U.S. surpasses 2 million solar installations - Solar Power World - May 9 - The U.S. is now home to more than 2 million solar PV installations, according to Wood Mackenzie Power & Renewables and the Solar Energy...more

Allen Matkins

Renewable Energy Update - May 2019

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Focus - sPower and MCE complete largest operational CCA solar project in California - PV-Tech - April 29 - sPower and MCE have commenced commercial operations at the 130-megawatt Antelope Expansion 2 PV project in...more

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