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Orrick, Herrington & Sutcliffe LLP

APAC Energy Pulse

The Asia-Pacific region has experienced some headwinds in the renewable energy sector (particularly offshore wind) in recent times.  These headwinds take the form of, for example, higher devex and capex costs, inadequacy or...more

Pillsbury - Gravel2Gavel Construction & Real...

Developer Perspectives on Today’s Energy Storage Markets

In 2023, the world added an impressive 45 gigawatts/97 gigawatt-hours of energy storage capacity, nearly tripling year-on-year growth, with the majority driven by battery storage installations. The global energy storage...more

Allen Matkins

Renewable Energy Update 8.05.24

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According to the Department of the Interior, the Bureau of Land Management (BLM) is proceeding with nine solar projects on public lands to potentially power nearly 2 million homes with clean energy. Among the projects, the...more

Farrell Fritz, P.C.

Real Property Taxation of Solar and Wind Energy Systems in New York State: Update

Farrell Fritz, P.C. on

An earlier Tax Tracker discussed the appraisal methodology for solar and wind energy projects in New York State under Section 575-b of the Real Property Tax Law: Real Property Taxation of Solar and Wind Energy Systems In New...more

Allen Matkins

Renewable Energy Update 3.21.24

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The first commercial-scale offshore wind farm in the United States is officially open, a long-awaited moment that helps pave the way for a succession of large wind farms. Danish wind energy developer Ørsted and the utility...more

King & Spalding

IRS and Treasury Issue Section 48 Investment Tax Credit Proposed Regulations

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Section 48 of the Internal Revenue Code of 1986, as amended (the “Code”) provides for an investment tax credit (“ITC”) for certain energy property. The Inflation Reduction Act of 2022 (the “IRA”) amended Section 48 in several...more

A&O Shearman

Understanding the energy transition in Central Asia and Caucasus

A&O Shearman on

Uzbekistan, Kazakhstan, Azerbaijan and Georgia have all set off on a journey of energy transition, but each of these countries is taking a path of its own, as Anton Konnov, Alexey Mareev and Arthur Minosyan explain....more

Holland & Knight LLP

Breaking Down the Section 48 Investment Tax Credit Proposed Regulations

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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

Womble Bond Dickinson

2024 Energy Transition Outlook Survey Report

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Womble Bond Dickinson (WBD)’s 2024 Energy Transition Outlook Survey Report points to a new phase in the multi-generational journey to Net Zero. While 56% of our respondents are deepening their focus on their transition...more

Allen Matkins

Renewable Energy Update - 7.06.23

Allen Matkins on

Jobs in the U.S. energy industry rose 3.8% last year, faster than overall employment growth and led by work in clean energy, the Department of Energy said last Wednesday. According to the U.S. Energy and Employment Report,...more

Pillsbury - Gravel2Gavel Construction & Real...

Microwave Transmission of Space-Based Solar Power: The Focus of New Attention

Scientists have long proposed that solar electricity generation in space could be an integral component of the world’s carbon-free future. In the 1970s, a U.S. Navy experiment showed that it might be possible to capture solar...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Opposition to Renewable Energy Facilities in the United States/50-State Survey of Siting Restrictions: Sabin Center for Climate...

The Sabin Center for Climate Change Law, Columbia Law School, issued the May 2023 edition of a report titled: Opposition to Renewable Energy Facilities in the United States (“Report”)...more

Allen Matkins

Renewable Energy Update - 5.05.23 #1

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The U.S. Senate on Wednesday voted to repeal President Joe Biden's suspension of tariffs on solar panels from four Southeast Asian nations, a measure aimed at supporting the small domestic manufacturing industry....more

Perkins Coie

BLM To Accelerate Solar Energy Development on Public Lands in the West

Perkins Coie on

Secretary of the Interior Deb Haaland announced on December 5, 2022, that the U.S. Bureau of Land Management (BLM) will develop an updated Solar Programmatic Environmental Impact Statement (PEIS) to help guide solar energy...more

Bennett Jones LLP

A Leap Toward Net-Zero Power In Saskatchewan: SaskPower Approves 700 MW of New Renewables Procurement

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SaskPower, the Crown corporation responsible for the generation, transmission and distribution of electricity in Saskatchewan, announced on November 7, 2022, that it will add up to 700 megawatts (MW) of renewable generation...more

Allen Matkins

Renewable Energy Update - October 2022 #3

Allen Matkins on

First lease sale to be held for offshore wind on West Coast - Associated Press – October 18 - The Biden administration will hold the first-ever lease sale for offshore wind energy on the West Coast, officials said October 18....more

Allen Matkins

Renewable Energy Update - October 2022

Allen Matkins on

U.S. proposal would permit eagle deaths as renewables expand - Associated Press – September 29 - The Biden administration on September 29 proposed a new permitting program for wind energy turbines, power lines, and other...more

Allen Matkins

Renewable Energy Update - September 2022 #4

Allen Matkins on

Governor Newsom signs sweeping climate legislation - ABC News – September 16 - Governor Gavin Newsom on September 16 signed a package of bills to expand California's reliance on clean energy and reduce carbon emissions...more

Ballard Spahr LLP

Inflation Reduction Act Tax Changes, Part 2 – Energy Credits and Incentives

Ballard Spahr LLP on

On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes various amendments and additions to the Internal Revenue Code of 1986 (the Code). This is the second of two alerts...more

Mitchell, Williams, Selig, Gates & Woodyard,...

United States Electricity Generation: U.S. Energy Information Administration Projects Renewable Sources to Account for 22% in 2022

The United States Energy Information Administration (“EIA”) issued an August 16th report titled: EIA Expects Renewables to Account for 22% of U.S. Electricity Generation in 2022 (“Report”) ...more

Eversheds Sutherland (US) LLP

Inflation Reduction Act of 2022 - Signed into law: A summary of the energy tax provisions

​​​​​​​The Inflation Reduction Act of 2022 (the Act) was signed into law on August 16, 2022, and includes about $370 billon for American energy security and climate change. Those changes include very substantial extensions,...more

Beveridge & Diamond PC

Inflation Reduction Act Signed Into Law, Committing $370 Billion to Action on Climate and Energy

Beveridge & Diamond PC on

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. The IRA includes a host of programs aimed at addressing climate change and energy production. These include, for example, major new or...more

Pierce Atwood LLP

Relief Arrives for Renewable Energy Industry - Inflation Reduction Act of 2022

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On August 12, 2022, Congress passed the Inflation Reduction Act of 2022 (“Act” or “IRA”), a $400 billion legislative package containing significant tax and other government incentives for the energy industry, in particular...more

Hogan Lovells

The IRA’s transformative tax incentives for solar energy projects and manufacturing operations

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The Inflation Reduction Act (IRA), as passed by the House and Senate, is a major political achievement for the Biden Administration, Senate Majority Leader Chuck Schumer (D-NY), and Democrats of the 117th Congress. This is...more

Wiley Rein LLP

The Inflation Reduction Act Provides Potential Game-Changing Benefits for U.S. Solar Industry

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The U.S. Senate and House of Representatives have passed the Inflation Reduction Act of 2022 (the Act), which climate analysts have hailed as game-changing for the growth of solar power, and solar manufacturing, in the United...more

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