News & Analysis as of

Solar Energy Project Finance

Ballard Spahr LLP

Community Solar: Major Moves in Pennsylvania, Maryland, and California

Ballard Spahr LLP on

During Q1 of 2024, a number of states moved to significantly change whether and how they implement community solar programs, designed to make solar energy more broadly accessible. This includes major proposals regarding...more

McDermott Will & Emery

Key Takeaways | Update on the Solar Circumvention Proceeding and Discussion of Possible Comments in Response to Commerce’s Recent...

McDermott Will & Emery on

On May 17, 2022, Carl Fleming, Lynn Kamarck and Tyler Kimberly from McDermott’s Energy and Project Finance and International Trade teams hosted Solar Energy Industry Association (SEIA) General Counsel and Vice President of...more

Eversheds Sutherland (US) LLP

IRS extends continuity safe harbor for renewable energy projects

On June 29, 2021, the IRS issued Notice 2021-41, which provides a further extension of the continuity safe harbor and revises the “facts and circumstances” rules: ..For PTC and ITC-eligible projects for which...more

Bracewell LLP

COVID-19 Impact on US Renewable Energy Projects

Bracewell LLP on

The COVID-19 pandemic is raising numerous concerns for renewable energy projects under development in the United States. First, will Congress address renewable energy industry concerns in the coming round of the COVID-19...more

McDermott Will & Emery

[Webinar] How COVID-19 Is Impacting Renewable Tax Equity Transactions - April 9th, 1:00 pm - 1:30 pm EST

As the COVID-19 crisis continues to affect every corner of the economy, McDermott continues to interact with industry leaders to provide the latest market updates on the severe disruption and uncertainty brought on the...more

McDermott Will & Emery

COVID-19 and Wind Projects: A Legal and Commercial Checklist for Tax Equity, Debt Financing and Project Documentation

The Coronavirus (COVID-19) pandemic has severely disrupted the wind market’s supply chain and labor resources, resulting in significant project delay risk. This legal and commercial checklist is a comprehensive practitioner’s...more

McDermott Will & Emery

Renewable Project Finance Market Alert – COVID-19

McDermott Will & Emery on

COVID-19’s rapid spread has brought severe disruption and uncertainty to the supply chain for wind, solar and energy storage, as well as the project finance market. While the speed and complexity of COVID-19 make it...more

Latham & Watkins LLP

Key Considerations for Back-Leverage Financings of Renewable Energy Projects

Latham & Watkins LLP on

Lenders making back-levered term loans to wind and solar projects focus on tax equity terms that impact their access to project cash flows and ability to foreclose. Key Points: ..Most operating period term loans to US...more

Akin Gump Strauss Hauer & Feld LLP

Solar Start of Constructive Guidance, a Comprehensive Analysis

New Internal Revenue Service (IRS) guidance on what it takes to start construction of a solar project raises practical questions, but it is very helpful in keeping the industry humming along. Solar projects that are under...more

Akin Gump Strauss Hauer & Feld LLP

US Solar Structures: Cash Equity Considerations

The solar financing market is maturing. You can tell because new money is crowding into the market, and the capital stacks are getting more complicated. Many of these funky structures even have names, like the “Double...more

King & Spalding

Implementing Islamic Financing for Renewable Energy Projects

King & Spalding on

The Middle East and North Africa (MENA) region has recently seen a surge of interest in developing renewable energy, in particular solar energy projects. Led by Morocco and Jordan which have successfully implemented numerous...more

King & Spalding

Guaranteed Sunshine: Performance and Testing of Solar Power Projects

King & Spalding on

This article is the third of three articles on solar power projects and discusses testing and performance guarantees in the context of engineering, procurement and construction (“EPC”) contracts for solar photovoltaic power...more

Manatt, Phelps & Phillips, LLP

PACE Financing to Jump-Start Rooftop Solar?

PACE loans can cover up to 100% of the cost of a project, depending on the specific program and the particular project. Similar to other assessments, a PACE assessment runs with the property and can be transferred to a...more

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