The highly anticipated guidance for the second round of allocations (Round Two) under the US Treasury’s §48C Qualifying Advanced Energy Project Tax Credit program was released this week pursuant to IRS Notice 2024-36, with...more
Direct pay proposals contained in the proposed Build Back Better Act promise to establish a system that would allow renewable energy developers to elect to receive ITC and PTC tax credits as a refundable credit....more
On March 28, 2022, the Biden-Harris Administration sent the President’s Budget for Fiscal Year (FY) 2023 to the United States Congress (“Congress”). The President’s proposed $5.8 trillion budget for FY 2023 allocates billions...more
Within a week of enacting the Coronavirus Aid, Relief and Economic Security (CARES) Act, Congressional leaders and President Trump have begun socializing a fourth coronavirus response package which could deploy significant...more
Renewable Energy Focus -- DOE's Loan Programs Office has financed $16 billion in renewables, and more is coming: Renewable Energy World - Aug 24 - The Department of Energy's Loan Programs Office (LPO) has loaned $16...more
In order to foster investment and job creation in clean energy manufacturing, the American Recovery and Reinvestment Act of 2009 included a tax credit for investments in manufacturing facilities for clean energy technologies....more