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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 7.01.24

Allen Matkins on

Solar is booming in the United States as power demand surges, outpacing the growth of any other electricity source and disproving claims that the energy transition is a failure. To be sure, solar remains a small portion of...more

Sheppard Mullin Richter & Hampton LLP

Navigating the Solarscape: Our Handy Solar Tariffs Cheat Sheet

The solar industry is starting to get whiplash. Over the past year in particular, the industry has experienced a whirlwind of regulatory changes making solar tariffs some of the most complex tariffs in all of U.S. importing...more

Allen Matkins

Renewable Energy Update 6.03.24

Allen Matkins on

The California Independent System Operator’s board on May 23 approved a $6.1 billion, 10-year transmission plan that includes projects to deliver offshore wind to customers. Transmission projects to access clean energy...more

A&O Shearman

Navigating the new elective safe harbor for the Domestic Content Bonus Tax Credit

A&O Shearman on

The U.S. Treasury Department and the Internal Revenue Service have issued a new safe harbor that will make it easier for U.S. solar, onshore wind and battery storage projects with U.S.-sourced components to qualify for...more

Allen Matkins

Renewable Energy Update 5.15.24

Allen Matkins on

The Federal Energy Regulatory Commission on Monday approved a long-awaited rule to make it easier to transmit renewable energy such as wind and solar power to the electric grid — a key part of President Joe Biden’s goal to...more

Allen Matkins

Renewable Energy Update 5.07.24

Allen Matkins on

Governor Gavin Newsom said on April 25 that California continued to rapidly add the battery storage that is crucial to the transition to cleaner energy, but admitted it was still not enough to avoid blackouts during heat...more

Stoel Rives - Renewable + Law

New Legislation Authorizes Oregon Energy Facility Siting Council to Certify Standalone Battery Energy Storage Systems but Stops...

The Oregon Energy Facility Siting Council (EFSC) oversees the siting of large-scale energy facilities like wind and solar power projects, which often include an associated Battery Energy Storage System (BESS). BESS is a...more

Allen Matkins

Renewable Energy Update 4.12.24

Allen Matkins on

The U.S. Environmental Protection Agency (EPA) awarded $20 billion in federal “green bank” grants to eight community development banks and nonprofit organizations to use on projects combating climate change in disadvantaged...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - March 2024 #3

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

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

2024 United States Electric Generating Capacity: U.S. Energy Information Report States Solar and Battery Storage Will Predominate

The United States Energy Information Administration (“EIA”) issued a February 15th report titled: Solar and Battery Storage to Make Up 81% of New U.S. Electric-Generating Capacity in 2024 (“Report”)...more

Allen Matkins

Renewable Energy Update 1.16.24

Allen Matkins on

U.S. battery storage capacity is poised for a record year in 2024 with Texas and California continuing to lead the country in new additions, after installations reached a new record last quarter....more

Mayer Brown

Proposed Regulations on Section 45X Advanced Manufacturing Production Tax Credit

Mayer Brown on

On December 14, 2023, the Department of Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) released proposed regulations to implement the Section 45X advanced manufacturing production credit established by the...more

Holland & Knight LLP

An In-Depth Look at Section 45X Proposed Regulations

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS on Dec. 14, 2023, released Proposed Regulations regarding the Section 45X Advanced Manufacturing Production Credit of the Internal Revenue Code. (See Holland& Knight's previous...more

Foley & Lardner LLP

IRS Releases Long-Awaited Updates to Investment Tax Credit Regulations

Foley & Lardner LLP on

Late last week, the Internal Revenue Service (“IRS”) and Department of the Treasury released the long-awaited proposed regulations (the “Proposed Regulations”) relating to investment tax credits under Section 48 of the Code...more

Allen Matkins

Renewable Energy Update 8.03.23

Allen Matkins on

The White House’s Council on Environmental Quality (CEQ) has proposed a rule that would streamline and accelerate the permitting process for new renewable power facilities, as the U.S. looks to decarbonize its energy mix....more

Allen Matkins

Renewable Energy Update 7.20.23

Allen Matkins on

The Biden administration is making available $20 billion from a federal "green bank" for clean energy projects such as residential heat pumps, electric vehicle charging stations, and community cooling centers....more

Allen Matkins

Renewable Energy Update - 6.15.23 #3

Allen Matkins on

The U.S. solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening. According to a new report from Wood...more

Troutman Pepper

Taking Charge: Inside the U.S. Battery Boom

Troutman Pepper on

The Inflation Reduction Act (IRA) has supercharged global interest in U.S. battery storage, forcing companies to change their approach to the market. We look at how this generational legislation is driving growth and...more

Latham & Watkins LLP

IRS Issues Initial Rules for Domestic Content Bonus Tax Credits

Latham & Watkins LLP on

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

Foley & Lardner LLP

IRA Tax Credits Benefit Energy and Manufacturing

Foley & Lardner LLP on

The passage of the Inflation Reduction Act (IRA) in August of last year saw the introduction of a number of new and expanded tax credits aimed at boosting onshore American manufacturing. These incentives represent...more

Morgan Lewis

The Rise of Energy Storage

Morgan Lewis on

Energy storage: the technology that will cash the checks written by the renewable energy industry. Energy storage can transform intermittent clean energy—primarily derived from wind and solar—into a reliable source of 24/7...more

Troutman Pepper

The Balancing Act of Battery Chemistry With George Kuo, Canadian Solar - Battery + Storage Podcast

Troutman Pepper on

Ready to geek out over exciting new battery chemistry? This week on the podcast, Bill talks all things residential storage with George Kuo, the senior director of products and solutions and product management at Canadian...more

Stoel Rives - Renewable + Law

D.C. Circuit Affirms FERC’s Broadview Order Confirming that Qualifying Facilities May Install Greater than 80 MW of Nameplate...

Yesterday, February 14, 2023, the D.C. Circuit issued an order affirming FERC’s order in Broadview Solar, LLC, 174 FERC 61,199 (2021) and its “send-out” approach to determining the net power production capacity of a...more

Allen Matkins

Renewable Energy Update - 2.02.23 - #1

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Democratic lawmakers in California introduced a package of climate bills on Monday aimed at holding corporations accountable for their greenhouse gas emissions....more

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