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Orrick, Herrington & Sutcliffe LLP

APAC Energy Pulse

The Asia-Pacific region has experienced some headwinds in the renewable energy sector (particularly offshore wind) in recent times.  These headwinds take the form of, for example, higher devex and capex costs, inadequacy or...more

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

Farrell Fritz, P.C.

Real Property Taxation of Solar and Wind Energy Systems in New York State: Update

Farrell Fritz, P.C. on

An earlier Tax Tracker discussed the appraisal methodology for solar and wind energy projects in New York State under Section 575-b of the Real Property Tax Law: Real Property Taxation of Solar and Wind Energy Systems In New...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

Locke Lord LLP

BOEM Floats Another Oregon Milestone: Final Wind Energy Areas Designated

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On February 13, 2024, the Bureau of Ocean Energy Management (BOEM) designated two final Wind Energy Areas (WEAs) for the development of floating offshore wind energy projects off the southern coast of Oregon. This...more

Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

Holland & Knight LLP on

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

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

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

United States Wind Energy: U.S. Energy Information Administration Report Addresses Regional Patterns by Season

The United States Energy Information Administration (“EIA”) issued a November 30th report titled: U.S. Wind Generation Falls into Regional Patterns by Season (“Report”)...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, Volume 6, Issue 12

● Offshore Oil and Gas at Risk of Potentially Catastrophic Cyberattack: GAO - “The industry includes about 1,600 offshore oil and gas facilities that are highly dependent on remotely connected operational technology, the...more

Bennett Jones LLP

A Leap Toward Net-Zero Power In Saskatchewan: SaskPower Approves 700 MW of New Renewables Procurement

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SaskPower, the Crown corporation responsible for the generation, transmission and distribution of electricity in Saskatchewan, announced on November 7, 2022, that it will add up to 700 megawatts (MW) of renewable generation...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

Ballard Spahr LLP

Inflation Reduction Act Tax Changes, Part 2 – Energy Credits and Incentives

Ballard Spahr LLP on

On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes various amendments and additions to the Internal Revenue Code of 1986 (the Code). This is the second of two alerts...more

Pierce Atwood LLP

Relief Arrives for Renewable Energy Industry - Inflation Reduction Act of 2022

Pierce Atwood LLP on

On August 12, 2022, Congress passed the Inflation Reduction Act of 2022 (“Act” or “IRA”), a $400 billion legislative package containing significant tax and other government incentives for the energy industry, in particular...more

Davis Wright Tremaine LLP

Climate Change: Optimism Despite the Crisis

I have been working in the renewable energy industry for a decade and a half, helping developers build wind, solar, and battery storage projects and helping investors invest in these projects. Each renewable megawatt I help...more

Downey Brand LLP

Developing Offshore Wind in California – Environmental Permitting and Interconnection Considerations

Downey Brand LLP on

The California coast offers significant potential for offshore wind development that can help the state reach its renewable energy goals. Developers of wind energy projects located off the California coast will face a number...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

Allen Matkins on

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 - 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

Allen Matkins on

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

Allen Matkins on

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

McDermott Will & Emery

Six Takeaways from Wind Turbine Vendor Update: A Conversation with GE Renewable Energy

McDermott hosted GE Renewable Energy North America Services Sales Leader Ben Stafford, Commercial Director of Onshore Wind for the North Region Rob Bienick and Commercial Director of Onshore Wind for the West Region Matt...more

Womble Bond Dickinson

Offshore Wind Overview: Economic Growth Opportunity and Environmental, Permitting and Financing Challenges

Womble Bond Dickinson on

Few industries have the growth potential to match that of the offshore wind industry. A March 2020 report by the American Wind Energy Association found that by 2030, the US offshore wind industry is expected to account for: ...more

Allen Matkins

Renewable Energy Update - July 2020

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House Democrats pass major clean energy bill as Senate GOP mulls timeline for economic stimulus - Bullet Utility Dive – July 2 - The House this Wednesday passed a $1.5 trillion green recovery package, the Moving Forward...more

Mayer Brown

IRS Provides Start-of-Construction Relief for Renewables in Light of COVID-19

Mayer Brown on

On May 27, 2020, the US Internal Revenue Service (the “IRS”) released Notice 2020-41 (the “Notice”), updating the IRS guidance on the start-of-construction rules for the production tax credit (“PTC”) and energy investment tax...more

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