On June 22, the Internal Revenue Service ("IRS") issued Notice 2018-59 (the "Notice"), which provides guidance regarding qualification and construction timing for purposes of the investment tax credit ("ITC") provided by...more
On June 22, the IRS issued Notice 2018-59 providing a beginning construction standard for solar projects similar to the standard previously set for wind projects. Solar developers now have a standard for reliance on what...more
In a press release last week, the analytics firm IHS predicted that the solar installation boom will continue in the United States in 2016 following the extension of the Investment Tax Credit (ITC) last December. ...more
Renewable Energy Focus - Solar companies surge as U.S. tax credit brings early holiday - Bloomberg - - Dec 16 In a deal announced late Tuesday, Congress approved an additional five years for the solar...more
The Problem: Finance Gap for Innovation Deployment - The last decade has seen tremendous innovations in cleantech that have not only brought new products, but also a fall in prices to consumers. For example, the average...more
Renewable Energy Focus: U.S. Senator Charles Schumer calls for changes, extension to solar ITC: PV-Tech - Aug 20: During a scheduled visit to a SolarCity factory under construction in South Buffalo, New York, U.S....more
Renewable Energy Focus - Senate committee backs PTC extension: ReNews - Jul 22: A U.S. Senate committee has voted to extend more than 50 tax policies, including production and investment tax credits that incentivize wind...more