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Infrastructure Investment Tax Credits Offshore Wind

Hinckley Allen

4 Takeaways from the 2024 Offshore Wind Conference

Hinckley Allen on

The Environmental Business Council recently hosted its 11th Annual Offshore Wind Conference, where clean energy leaders including developers, consultants, and permitting attorneys from around the Northeast convened to...more

Robinson+Cole Environmental Law +

Favorable Winds for Offshore Development – Inflation Reduction Act and Other Updates

The offshore wind industry stands to gain additional momentum this summer as the Inflation Reduction Act (IRA) moves through Congress to its anticipated passage. The budget reconciliation package associated with the bill...more

Cozen O'Connor

Developments in Offshore Wind: Part Two

Cozen O'Connor on

The Biden administration’s approach to policy setting in the offshore wind context can already be seen in recent legislation and executive orders related to tax law, maritime law, and environmental law. We address the...more

Mayer Brown

IRS Offshore Wind Guidance is Officially Published with a Material Tweak

Mayer Brown on

On December 31, 2020, the IRS released Notice 2021-05 (the “Notice”) on its website, in its advance of its official publication. As discussed in our earlier blog post, the Notice provides favorable guidance for offshore...more

Orrick, Herrington & Sutcliffe LLP

Consolidated Appropriations Act Extends Construction Deadline for Tax Credits for Wind and Solar Projects

The Consolidated Appropriations Act, 2021 (the “Act”) was signed into law on December 27, 2020. The Act provided an extension of the beginning of construction deadline for the Production Tax Credit (“PTC”) for wind projects...more

Morgan Lewis

New COVID-19 Relief Legislation Extends Renewable Energy and Green Technology Industry Tax Incentives

Morgan Lewis on

A new coronavirus (COVID-19) relief bill—the Consolidated Appropriations Act, 2021, which includes the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the Act)—was signed into law on December 27. The Act not only...more

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