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Wind Power Energy Projects Geothermal Energy

Allen Matkins

Renewable Energy Update 7.01.24

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Solar is booming in the United States as power demand surges, outpacing the growth of any other electricity source and disproving claims that the energy transition is a failure. To be sure, solar remains a small portion of...more

Harris Beach PLLC

NYPA Takes Next Step Towards Renewable Energy Development – Issues RFQ

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The New York Power Authority (NYPA) recently issued a request for qualifications (RFQ) to prospective renewable energy companies interested in collaborating with New York Power Authority (NYPA) to develop renewable energy...more

Allen Matkins

Renewable Energy Update 12.08.23

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New York released a new offshore wind solicitation last Thursday, seeking proposals for offshore wind and land-based renewable projects. The solicitations will support New York’s Climate Leadership and Community Protection...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

Stoel Rives - Environmental Law Blog

Effective Immediately, California Energy Commission Jurisdiction Expands to Include Non-Thermal Projects Greater Than 50 MW

On June 30, 2022, California Governor Gavin Newsom signed Assembly Bill 205 (“AB 205”), which, among various other things, expands the siting jurisdiction of the California Energy Commission (“CEC”) to include non-thermal...more

(ACOEL) | American College of Environmental...

Transforming your Closed Landfill in a “Power”ful way

Less than two weeks ago, EPA released an updated version of their “RE-Powering Mapper” tool – How to Identify Sites | US EPA – EPA’s Re-Powering Mapper Tool provides information on over 190,000 contaminated lands, landfills,...more

Mayer Brown

UPDATED: IRS Releases 2022 Section 45 Production Tax Credit Amounts

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On April 14, 2022, the US Internal Revenue Service (IRS) published a notice that provides the inflation-adjustment factor and reference price for the calculation of renewable electricity production tax credits (PTCs) under...more

Allen Matkins

Renewable Energy Update - April 2022

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President Biden to invoke Defense Production Act for electric vehicle battery materials Bullet CNBC – March 31 President Joe Biden will invoke the Defense Production Act to encourage domestic production of minerals required...more

Allen Matkins

Renewable Energy Update - November 2020

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California leading push for renewable power - Bullet KPBS – October 26 - The use of renewable energy is surging in California. A new report from Environment California Research shows that there has been a huge jump in...more

Pierce Atwood LLP

IRS Extends Production Tax Credit/Investment Tax Credit Safe Harbors

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On May 27, 2020, the IRS issued Notice 2020-41, which responds to industry-wide supply chain disruptions due to the COVID-19 pandemic by giving renewable energy developers additional time to complete their projects. Most...more

Mayer Brown

IRS Releases 2020 Section 45 Production Tax Credit Amounts

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On May 12, 2020, the US Internal Revenue Service (IRS) released a notice providing the inflation-adjustment factors and reference prices for the calculation of renewable electricity production tax credits (PTCs) under...more

Holland & Knight LLP

2020 Clean Energy Outlook

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The flurry of activity at the end of 2019 demonstrates that congressional support for clean energy research and development (R&D) remains strong, as evidenced by level or increasing budgets for most of the relevant programs...more

Foley & Lardner LLP

Production Tax Credit Extended for Renewable Projects Beginning Construction in 2020

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On December 20, 2019, the President signed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the “Act”), which extends the current production tax credit (PTC) for wind for an additional year. The Act extends the...more

Mayer Brown

IRS Releases 2019 Section 45 Production Tax Credit Amounts

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On June 6, 2019, the US Internal Revenue Service (IRS) published a notice providing the inflation-adjustment factors and reference prices for the calculation of renewable electricity production tax credits (PTCs) under...more

Robinson & Cole LLP

Green Tax Incentive Compendium - July 2017

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Federal Tax Incentives for Renewable Energy and Energy Efficiency - Federal business income tax credit for renewable electricity production - A. GENERAL DESCRIPTION. The Federal Internal Revenue Code provides a business...more

Orrick, Herrington & Sutcliffe LLP

IRS Issues Further Guidance on “Start of Construction” Requirement for Renewable Energy Tax Credits, Including Continuity...

On May 5, 2016, the IRS released Notice 2016-31, which provides additional guidance on the “start of construction” requirements for the production tax credit (PTC) and investment tax credit (ITC) in lieu of the PTC. Notice...more

Perkins Coie

New Production Tax Credit “Beginning of Construction” Advice From the IRS

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The IRS recently issued Notice 2016-31, providing further guidance regarding the “beginning of construction” requirement for the production tax credit (PTC) under Section 45 of the Internal Revenue Code and the investment tax...more

Davis Wright Tremaine LLP

California Desert Renewable Energy Conservation Plan Aims to Provide Certainty for Renewable Developers: Draft Released

On September 23, 2014, the U.S Department of Interior and the State of California released a draft Desert Renewable Energy Conservation Plan (“DRECP”), which covers over 22 million acres in Imperial, Inyo, Kern, Los Angeles,...more

Foley & Lardner LLP

IRS Releases New Guidance on Beginning of Construction

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The IRS recently released Notice 2014-46 (the Notice) which provides welcome guidance to tax equity investors and developers on the construction of wind, geothermal, biomass, landfill gas and certain hydropower and marine...more

Allen Matkins

Renewable Energy Update -- June 2014 #2

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Renewable Energy Focus - Warren Buffett plans to double Berkshire Hathaway’s investment in renewable energy: PV Tech - Jun 24: Berkshire Hathaway, Inc. CEO Warren Buffett certainly made his presence felt at the Edison...more

Allen Matkins

Renewable Energy Update -- June 2014

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Renewable Energy Focus: The EPA’s new carbon rules could be a major boost to renewable energy - Greentech Media - Jun 2: The EPA’s new carbon rule could grow renewable capacity by an additional 70 percent in the next...more

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