Solar Energy

News & Analysis as of

IRS Confirms that Flip Partnership Guidelines Do Not Apply to Solar Projects

The IRS has advised that the flip partnership guidelines under Rev. Proc. 2007-65, 2007-2 C.B. 967, do not apply to solar facilities or other projects claiming the Section 48 investment tax credit (ITC). The statement, made...more

Renewable Energy Update - June 2015 #3

Renewable Energy Focus - EPA warns of high cost of climate change: New York Times - Jun 22: In the absence of global action to curb greenhouse gas emissions, the United States by the end of the century may face up to...more

DTE Energy Issues 5-50 MW RFP

DTE Energy (DTE) announced recently that it has issued a request for proposal (RFP) for the construction of a 5-50 MW solar generating facility. While DTE is seeking proposals for projects in the city of Detroit as well...more

California’s Record-Setting Solar Generation can be Furthered by Municipality Action

California is in the midst of a record-setting year in terms of generating solar power, according to a recent article in The Desert Sun. The first five months of 2015 have already seen the state’s high mark from 2014...more

Hawai’i Enacts Legislation Creating Community-Based Renewable Energy Program

A law that could significantly expand access to renewable energy generation in Hawai’i through a new community-based renewable energy program was approved by Governor David Ing on June 8, 2015. While the new law is couched in...more

Italy: Administrative Court Refers Feed-in Tariff Reductions to the Constitutional Court

On June 23, the Regional Administrative Court of Latium (TAR Lazio) finally handed down its decision to refer the question of the constitutional legitimacy of Article 26, paragraph 3 of D.L 91/2014 (the spalma-incentivi) to...more

Renewable Energy Update - June 2015 #2

Renewable Energy Focus - Obama commits $4 billion to form clean energy investment clearinghouse: The Guardian - Jun 16: With $4 billion and a new government office, the White House has unveiled its latest clean energy...more

IRS Issues Solar Tax Equity Memo Stating the Obvious

On Friday, the IRS issued a heavily redacted Chief Counsel Advice (CCA) memorandum, which addresses the intersection of solar investment tax credit partnership flip transactions and the wind production tax credit partnership...more

Summary of H.40: An Act Relating to Establishing a Renewable Energy Standard

On June 11, 2015, Governor Shumlin signed into law H. 40, An Act Relating to Establishing a Renewable Energy Standard (the “RES”). This significant renewable energy law establishes a mandatory renewable energy standard for...more

Maryland's Pilot Program for Community Solar Approved

Maryland has taken a critical step forward to encourage solar energy in the state. On May 12, 2015, Maryland Governor Larry Hogan approved a law creating a pilot program for community solar projects, joining 10 other states...more

Hawaii Sets 100% Renewable Energy Goal and Opens the Door to Community Solar

Electricity on the island state of Hawaii will come 100% from renewable resources by 2045, pursuant to new legislation. The plan will end Hawaii’s current reliance on imported fuel oil which Governor Ige has said currently...more

Special Session Set For Today

After weeks of negotiations, speculation, and a late night caucus, Governor Mark Dayton called the Special Session for today at 10 a.m. The six bills on the approved agenda are the three budget bills that Dayton vetoed at...more

Renewable Energy Update - June 2015

Renewable Energy Focus - California Senate approves legislation to combat global warming: San Jose Mercury News - Jun 3: The California Senate approved a sweeping package of climate change bills designed to cement the...more

NYISO solar study announced

Solar power is booming in the U.S. -- but how will growth in solar photovoltaic generating capacity affect the electricity grid? The operator of the state of New York's electric grid has announced a study of the potential...more

Rating Agency Developments

On May 29, DBRS released its updated methodology for rating U.S. asset-backed commercial paper. On May 29, Fitch republished its criteria for rating supranationals. On May 28, Fitch released its updated criteria for rating...more

Support the PA PUC Proposed Rule on Solar Net Metering

Net metering is where a solar system (on a house, for example) generates more electricity than the homeowner uses that day, the homeowner then sells the electricity back to the grid, and he or she receives a credit on their...more

Hawaii Bill Mandates 100% Renewable Energy by 2045, but Obstacles Remain

In an ambitious and unprecedented move, Hawaii is aiming to increase its current renewable energy output of 21% to a 100% quota by 2045. The state, which carries some of the U.S.’s highest electricity costs, is riding the...more

Renewable Energy Update - May 2015 #4

Renewable Energy Focus - Wind and solar account for 100 percent of new U.S. generating capacity in April: Renewable Energy World - May 26: In what is becoming a frequent occurrence, if not predictable pattern, renewable...more

Generating Revenue from a Solar Project – the Power Purchase Agreement

King & Spalding's renewable energy practice group described the bright future of solar power in its April 2015 Energy Newsletter. Ongoing photovoltaic (PV) projects in Latin America, Africa and the Middle East, certainly...more

Renewable Energy Update - May 2015 #3

Renewable Energy Focus - New legislation proposed to extend ITC: PV-Tech - May 20: A new piece of legislation has been proposed that would help extend the investment tax credit (ITC) for both residential and commercial...more

GSE Guidelines for Modifications to PV Plants

On 1 May 2015, the Gestore dei Servizi Energetici (GSE) published the Regole per il mantenimento degli incentivi in Conto Energia (the guidelines). This is a set of guidelines for the implementation and communication of...more

Africa Energy Update

The latest news on legal and regulatory developments in Africa's energy sector with perspectives from our offices in New York, Washington and London. This third Africa energy update focuses on North Africa, Africa's most...more

California Environmental Law & Policy Update - May 2015 #3

Environmental and Policy Focus - House votes to block EPA, Army Corps of Engineers' proposed definition of "waters of the United States": Visalia Times-Delta - May 12: House Republicans on Tuesday voted to block...more

Renewable Energy Update - May 2015 #2

Renewable Energy Focus - Wyoming-to-California lines for wind power clear hurdle: REVE Wind News - May 2: A planned 730-mile power line project to export Wyoming wind power to Southern California has passed a...more

Five Georgia Environmental Bills to Watch in 2015

Georgia legislature warms up to solar panels, gets protective of coastal marshes, withdraws support for electric cars, and sacrifices LEED certifications in favor of jobs. April 2, 2015 marked final adjournment of the 2015...more

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