IRS Notice explains how a renewable energy project may qualify for bonus tax credits by using American-made components.
Key Points:
..All project components made primarily of steel or iron that perform a structural...more
5/22/2023
/ Batteries ,
Buy America ,
Energy Projects ,
IRS ,
Lithium Batteries ,
Made in the USA ,
Proposed Rules ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Wind Power
The Inflation Reduction Act, which includes the most dramatic expansion of clean energy tax credits in recent history, would provide a multi-year extension of existing tax credits for wind and solar, increase tax credits for...more
8/1/2022
/ Carbon Capture and Sequestration ,
Clean Energy ,
Emerging Technology Companies ,
Energy Sector ,
Energy Tax Incentives ,
Investment Tax Credits ,
Pending Legislation ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Tax Incentives ,
Wind Power
A favorable outcome for wind and other renewable projects, but solar and storage are left out.
Key Points:
..Qualifying wind projects on which construction begins after December 31, 2019 and before January 1, 2021 will...more
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
1/8/2020
/ Energy Projects ,
Finance Lender ,
Financial Sponsors ,
Foreclosure ,
Letter of Credit ,
Leveraged Finance ,
Project Finance ,
Renewable Energy ,
Solar Energy ,
Tax Equity ,
Wind Power
New rules provide wind developers with additional time to satisfy a critical safe harbor.
On December 15, 2016, the Internal Revenue Service (IRS) issued Notice 2017-4, which modifies the “continuity safe harbor” as set...more