Wind Power Renewable Energy

News & Analysis as of

Draft Released of Highly Anticipated Massachusetts Energy Bill

This week a draft of the long-awaited Massachusetts energy bill was reported out of the Joint Committee on Telecommunications, Utilities and Energy. The bill would require the Commonwealth’s distribution companies to...more

Fish and Wildlife Service Issues Draft 30-Year Programmatic Eagle Take Permit - Longer Permit Terms Welcome, But Certain Proposed...

The U.S. Fish and Wildlife Service (Service) on May 6, 2016, issued a draft rule that would extend to 30 years the maximum life of permits authorizing the incidental take of bald and golden eagles pursuant to the federal Bald...more

CORPORATE PPAs Market Trends and Opportunities

Corporations have dramatically increased their purchases of renewable energy in recent years. This trend has shifted the traditional power purchase market away from reliance upon utilities, and presents a tremendous growth...more

New Production Tax Credit “Beginning of Construction” Advice From the IRS

The IRS recently issued Notice 2016-31, providing further guidance regarding the “beginning of construction” requirement for the production tax credit (PTC) under Section 45 of the Internal Revenue Code and the investment tax...more

IRS Issues Guidance on Beginning of Construction Rules for Renewable Projects

On May 5, 2016, the Internal Revenue Service (IRS) issued Notice 2016-31, providing guidance on meeting the beginning of construction requirements for wind and other qualified facilities (including biomass, geothermal,...more

IRS Issues Additional Guidance on “Begun Construction” Requirement for Wind Energy Credits

Latest guidance extends “continuity safe harbor” to four years and includes other taxpayer-friendly modifications and clarifications to existing guidance. On May 5, 2016, the Internal Revenue Service (IRS) issued...more

India Considers Coupling its Government Incentives with Innovative Financing Mechanisms to Achieve its Aggressive Renewable Energy...

India’s story for the last decade has been one of rapid industrialization and a growing thirst for energy, regardless of the carbon profile of the energy source. As the world moves towards carbon conscious energy generation,...more

IRS Issues New Notice Extending Beginning of Construction Safe Harbor

On May 5, 2016, the IRS issued Notice 2016-31 (the “Notice”) which revises previous guidance on satisfying the “beginning of construction” test in order to take advantage of the section 45 renewable electricity production tax...more

Renewable Energy Update - April 2016 #5

Renewable Energy Focus - California utility-scale solar beat wind for first time in 2015 - Solar Industry Magazine - Apr 28 - In 2015, energy from grid-connected, utility-scale solar plants surpassed that from...more

China’s 13th Five-Year Plan – Planning for a Greener Economy

China’s 13th Five-Year Plan – Planning for a Greener Economy - Last month China’s thirteenth “Five-Year Plan” (FYP13) was approved, setting out a social and economic development blueprint for the country for the next...more

Renewable Energy Projects Are Making Impacts in Several Ways – – Nationally and Worldwide

Renewable energy investments (primarily solar and wind generation) set a record in 2015 with a collective investment of $286 billion. This according to a report from the United Nations Environment Progamme. (Climate Central...more

Renewable Energy Update - April 2016

Renewable Energy Focus - NRG says Ivanpah solar plant now on pace to meet goal - Santa Cruz Sentinel - Mar 29 The operator of a massive U.S. government-backed solar project in California that fell short of...more

The Electricity System is Shifting to Renewable Energy

On February 29, 2016, Clean Energy Canada, an initiative of the Centre for Dialogue at Simon Fraser University in Vancouver, British Columbia, released A Year for the Record Books (“Report”) in which it stated that in 2015 a...more

Question and Answer from the Tax Equity Structuring, Financial Modeling and HLBV Accounting Seminar

The tax equity investor invests to own only a portion of the production tax credits (PTCs) up front, since there is an unknown of the actual production levels of the wind farm. What does the project company do with the...more

Clean Power Plan - Work Continues Despite Stay

Even though the U.S. Supreme Court has stayed the implementation of EPA’s Clean Power Plan, planning continues at the state level on carbon emission reduction strategies. ...more

Renewable Energy Update - March 2016 #2

Renewable Energy Focus - United Airlines takes off with biofuel - Los Angeles Times - Mar 13 - A Boeing 737 jet that took off from Los Angeles International Airport last week looked like most other planes...more

President Obama Signs Consolidated Appropriations Act

Renewable Energy Industry Seeks Additional Energy Credit Clarifications - On December 18, 2015, President Barack Obama signed into law the Consolidated Appropriations Act, 2016 (H.R. 2029) (the Act). The Act includes...more

Wind, solar lead new generation in Jan. 2015

Wind and solar projects accounted for all new electric power generation placed in service in the U.S. in January 2016, according to a report by federal energy regulators. The Federal Energy Regulatory Commission's Office...more

Renewable Energy Remains Poised for a Banner Year in 2016

Opposition to the Clean Power Plan (CPP), promulgated by the EPA and championed by the Obama administration as a path to a cleaner energy future, recently came to a head as the Supreme Court granted opponents a stay halting...more

IPP procurement programme framework in South Africa

In 1998 the Government of South Africa indicated that it is an objective of the State to encourage the entry of multiple players into the generation market. This would ensure both diversification and security of electricity...more

Renewable Energy Update - February 2016 #3

Renewable Energy Focus - Coalition of 17 states pledge to accelerate renewable energy efforts - The Guardian - Feb 16 - A bipartisan group of 17 governors has pledged to accelerate their efforts to create a...more

UK renewable Contracts for Difference – now only for offshore wind?

The UK’s Contracts for Difference (CfD) regime for renewable subsidies was one of the principal pillars of the Electricity Market Reform programme put in place by the 2010-2015 Coalition Government. In one way or another,...more

Renewable Energy Update - February 2016 #2

Renewable Energy Focus - President Obama requests significant funding boost for clean energy R&D - Solar Industry Magazine - Feb 9 - President Barack Obama’s 2017 budget proposal for the U.S. Department of...more

New Regulation to Facilitate the Implementation of Offshore Wind Projects in France

While the development of the first four offshore wind projects awarded by the French state back in 2012 to the consortia EDF Energies Nouvelles / DONG Energy / Alstom (3 projects) and Areva / Iberdrola (1 project) is...more

Could the US Be “Aiding and Abetting” Cape Wind MBTA Violations?

In the latest legal wrangling over the long-delayed Cape Wind Associates’ wind farm off Nantucket, during oral argument judges on the DC Circuit suggested that by permitting the wind farm, the US might be aiding and abetting...more

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