Payments and the Solar Industry - Payments Pros: The Payments Law Podcast
[WEBINAR] Building a Solar Energy Project in 2018
The California Independent System Operator (CAISO) last Thursday asked federal regulators for permission to cancel its annual interconnection study process for any interconnection requests submitted this year so it can deal...more
The Bureau of Land Management (BLM) is reviewing 20 major renewable energy projects — mostly solar — across the West that would cover as much as 193,000 acres of federal land, and generate 13,845 MW of electricity, or enough...more
The California Energy Commission (CEC) last Friday released a draft strategic plan for offshore wind development, which estimates a potential generation capacity of up to 59.6 GW off the state’s coast and lays out strategies...more
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
In this episode of Payments Pros, Josh McBeain welcomes his colleague Andrew Thurmond to discuss residential solar projects as well as the financing and payment options that are available for these types of projects. With...more
The year 2022 marked the entry of Japan’s renewable energy market into a new phase. The FIT scheme reached a 10-year milestone, a new FIP scheme was launched, and a regulatory framework favorable for corporate PPAs was...more
Interior Department announces first offshore California wind lease sale Bullet The Hill – May 26 The Biden administration on Thursday announced the first proposed wind power lease sales offshore in California and off the West...more
California considers 3 GW of offshore wind by 2030 Bullet Utility Dive – May 10 California energy regulators are considering a preliminary planning goal of 3 GW of offshore wind by 2030, and somewhere between 10 GW and 15 GW...more
Over the course of the last two decades renewable energy has been a subject that has found its way into discussion from the family dinner table to the top of global political initiatives and policies. It can at times be a...more
Amendments to the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities (Act No. 108 of 2011; the Act will also be renamed the “Act on Special Measures Concerning...more
The Virginia General Assembly passed several important pieces of legislation affecting the solar and energy storage industry during its 2022 legislative session... join us on Thursday, March 31, from 11:00 – 11:30 am (ET) for...more
Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S. (and the rest...more
Carl Fleming, a member of McDermott’s Energy and Project Finance Group and head of its Energy Storage Team, hosted a panel of industry leaders from Vistra, UKA North America and Origis that explored the opportunities and...more
Takeaways - The widespread adoption of sustainability goals by major corporations has created significant demand for renewable power. That, in turn, is strengthening the hand of producers in negotiations over power...more
The first wind and solar farms in the United States were built in 1980 and 1982, respectively. The United States built the world’s very first wind farm, which was capable of producing only 600 kWh of electricity, while the...more
Corporations have dramatically increased their purchases of renewable energy recently. This worldwide trend has shifted the traditional power purchase market away from reliance upon utilities and presents a tremendous growth...more
City of L.A. to spend $30M on solar generation and storage - Los Angeles Daily News – September 27 - As Los Angeles sets out to achieve 100% renewable energy by 2035, city officials on Monday announced a $30 million...more
California utilities and clean energy groups urge CPUC to move quickly to free up energy supply - Utility Dive – August 11 - Utilities and clean energy groups are urging the California Public Utilities Commission...more
Newsom issues emergency proclamation to free up extra sources of power - Los Angeles Times – July 31 - Governor Gavin Newsom issued an emergency proclamation on July 30 to free up additional power and to help make sure the...more
Many of our school district clients have been approached by wind and solar developers over the years about signing a power purchase agreement (PPA). Developers promise to provide electricity at a fixed or reduced cost with no...more
Building on the progress from the 2020 legislative session and the passage of the Virginia Clean Economy Act (VCEA), the Virginia General Assembly passed several important pieces of legislation affecting the solar and energy...more
The Puerto Rico Electric Power Authority (PREPA), a public corporation and governmental instrumentality of the Commonwealth of Puerto Rico, on Feb. 22, 2021, issued a request for proposals (RFP) to developers for the...more
Article 225 of finance law for 2021 dated 29 December 2020 (the "2021 Finance Law") provides for the renegotiation of the feed-in tariffs of approximately 800 photovoltaic power purchase agreements ("PPAs") concluded between...more
With the growth of residential renewable energy power generation, driven in part by a rise in the use of Power Purchase Agreements (“PPAs”), compliance with consumer laws and regulations is critical. PPAs permit solar...more
President Biden readies second batch of climate orders - Reuters – January 21 - Building on his executive orders signed on the afternoon of Inauguration Day, President Joe Biden will announce a second round of...more