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Wind Power Department of Energy (DOE)

Akin Gump Strauss Hauer & Feld LLP

This Week's Climate Policy Update - August 2024 #2

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Akin Gump Strauss Hauer & Feld LLP

This Week's Climate Policy Update - July 2024 #2

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Akerman LLP

News Flash: The Application Portal for the 2024 Low-Income Communities Bonus Tax Credit Program Is Open!

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The application portal for the 2024 Low-Income Communities Bonus Credit Program opened on May 28, with a 30-day initial application window ending at 11:59 pm ET on June 27. All applications during the initial window are...more

Pierce Atwood LLP

Portal Opens for Solar and Wind Low-Income Communities Bonus Tax Credit Applications

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The U.S. Department of Treasury, Internal Revenue Service (IRS) and Department of Energy (DOE) announced that the portal for applying for the 2024 low-income communities, or environmental justice, bonus investment tax credit...more

Pillsbury Winthrop Shaw Pittman LLP

Treasury Department Announces Process and Timetable to Allocate $6 Billion in Qualifying Advanced Energy Project Credits

The application cycle for Treasury to award this round of credits will soon open, providing applicants an opportunity to receive significant funding for clean energy, industrial decarbonization and critical materials...more

Mitchell, Williams, Selig, Gates & Woodyard,...

IRS Releases 2024 Procedural Guidance for Solar and Wind Projects in Low Income Communities

Last week the Department of Treasury and Internal Revenue Services (IRS) issued procedural guidance for the second year of the Low-Income Communities Bonus Credit Program under Section 48(e) of the Internal Revenue Code...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — April 2024

Bipartisan Infrastructure Law & Inflation Reduction Act Opportunities - Visit our Energy Funding Matrix for a roundup of various federal clean energy funding and financing opportunities. We update the matrix on a biweekly...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

Faegre Drinker Biddle & Reath LLP

Section 48 Investment Tax Credit for Offshore Wind and Energy Storage

The Department of the Treasury (DOT), through the Internal Revenue Service (IRS) and in consultation with the Department of Energy (DOE), released new draft guidance on Section 48 tax credits, as well as updated guidance in...more

A&O Shearman

Sustaining the Wind of Reform in the Philippines

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Although the Philippines has not yet made a formal net zero commitment or set any specific offshore wind (“OSW”) targets, there have been a series of actions beginning with the release of an offshore wind roadmap (“Roadmap”)...more

McGuireWoods LLP

30-Day Initial Application Window for Low-Income Communities Bonus Credit Fast Approaching

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On Oct. 19, 2023, the Department of Energy began accepting applications for all categories of the Low-Income Communities Bonus Credit Program for small-scale wind and solar projects....more

Blank Rome LLP

DOE Releases Draft Roadmap to Address Interconnection Challenges for Clean Energy Projects

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On October 25, 2023, the Department of Energy (“DOE”) released a draft roadmap addressing challenges to the interconnection of clean energy projects to the transmission grid. The roadmap, developed by the Interconnection...more

Akerman LLP

October 19 – First Day to Submit Applications to the Low-Income Community Bonus Tax Credit Program

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The DOE Portal for submitting applications to the "Low-Income Communities Bonus Credit Program" for all four facility categories opens on October 19, 2023, at 9:00 am ET. All applications received by November 18 at midnight...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — September 2023

Bipartisan Infrastructure Law & Inflation Reduction Act Opportunities - Visit our Energy Funding Matrix for a roundup of various clean energy opportunities. We update the matrix on a biweekly basis and welcome any...more

Allen Matkins

Renewable Energy Update 8.18.23

Allen Matkins on

The U.S. Department of Defense (DoD) has approved Floventis Energy for the development and operation of CADEMO, the first floating offshore wind farm with 60 MW of capacity, to be located off the California coast near the...more

DarrowEverett LLP

What IRS’s Low-Income Adder Guidance Means For Renewables Projects

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The Inflation Reduction Act of 2022 (the “Act”) breathed new life into the tax scheme for renewable energy projects, creating a new base tax credit with a series of adders that can significantly increase viability of projects...more

Vinson & Elkins LLP

Treasury Issues Final Regulations on Low-Income Communities Bonus

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On August 10, 2023, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued final regulations (the “Final Regulations”)1 providing additional guidance to taxpayers on the “Low-Income...more

Allen Matkins

Renewable Energy Update - 7.06.23

Allen Matkins on

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

Pillsbury Winthrop Shaw Pittman LLP

Treasury Department Announces Additional Guidance and Timetable to Allocate $4 Billion in Qualifying Advanced Energy Project...

The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more

Allen Matkins

California’s Offshore Wind Power Industry Sets Sail

Allen Matkins on

California is entering the new waters of offshore wind power. The unique challenges and potential of developing offshore wind power in California have spurred numerous federal and state cooperation efforts. While other U.S....more

Allen Matkins

Renewable Energy Update - 4.28.23

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The type of floating wind turbines needed to harness California’s blustery coastal conditions are rare — most turbines are affixed to the ocean floor — posing a technically challenging yet alluring opportunity for innovation...more

Pillsbury Winthrop Shaw Pittman LLP

Department of Energy Announces Strategy for Offshore Wind Deployment

The Opportunity and the Vision The wind atop U.S. waters presents an estimated potential resource of 4.2 terawatts, which is more than three times the total electricity-generating capacity operating in the United States in...more

Akin Gump Strauss Hauer & Feld LLP

DOE Announces Efforts to Address Transmission Development for West Coast Offshore Wind

In February 2023, the U.S. Department of Energy (DOE) released its West Coast Offshore Wind Transmission Literature Review and Gaps Analysis (“Transmission Review”) aimed at identifying areas where additional transmission...more

Perkins Coie

An Active Quarter for Offshore Wind and Interregional Transmission Planning

Perkins Coie on

The first quarter of 2023 saw a flurry of activity from state and federal agencies focused on offshore wind transmission. In early January, multiple states in New England jointly filed with the U.S. Department of Energy Grid...more

Allen Matkins

Renewable Energy Update - 2.23.23 - #4

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The Biden administration announced initiatives on February 22 to prepare states for floating offshore wind, which some say could revolutionize renewables on the West Coast. The plans from the White House, Department of Energy...more

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