Dirk Michels

Dirk Michels

K&L Gates LLP

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New California Law Creates Enhanced Opportunities for Renewable Energy Market

On September 28, 2013, California Governor Jerry Brown signed into law Senate Bill 43 (“SB 43”), creating California’s first Green Tariff Shared Renewables Program. This revolutionary program creates a pathway for renewable...more

10/7/2013 - CPUC Environmental Policies Renewable Energy

IRS Notice 2013-60 Clarifies Rules on Beginning of Construction

On September 20, 2013, the U.S. Department of the Treasury (“Treasury”) released Notice 2013-60, which clarifies in important ways the eligibility rules applicable to the investment tax credit (“ITC”) and production tax...more

9/25/2013 - American Taxpayer Relief Act Construction Contracts Investment Tax Credits IRS Production Tax Credit Tax Credits U.S. Treasury

Crossing the Finish Line for Shared Renewables in California

On September 11, 2013, the California Assembly passed Senate Bill 43 (“SB 43”) by a vote of 57-16 and the California Senate passed SB 43 by a vote of 27-12. SB 43, when signed into law, will create the Green Tariff Shared...more

9/24/2013 - Energy Policy New Legislation Public Projects Renewable Energy

Potential Linkage between Californian and Australian Greenhouse Gas Cap-and-Trade Regimes

Australia and the State of California are investigating opportunities for linking their carbon pricing and greenhouse gas (“GHG”) cap-and-trade programs. On January 15, 2013, officials from the Australian Parliament and the...more

2/5/2013 - Cap-and-Trade CARB Climate Change Greenhouse Gas Emissions

Securitisation as a means to finance distributed solar projects

Permission to use this reprint has been granted by the publisher Financier Worldwide. The future of solar energy in the US appears uncertain. With investment tax credits set to expire in 2016 the solar industry may lose...more

1/28/2013 - Funding Renewable Energy Securitization Solar Energy

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