News & Analysis as of

Energy Tax Incentives Offshore Wind

StoneTurn

There’s Still Time to Maximize Inflation Reduction Act Incentives

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It has been just over a year since the Inflation Reduction Act (“IRA” or “The Act”) was passed. This monumental piece of legislation for the clean energy industry provides hundreds of billions of dollars to build a clean...more

Locke Lord LLP

Brownfields and the Deep Blue Sea: ‎Offshore Wind Development and the IRA’s Energy ‎Communities ‎Provisions

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What generates clean power, is located in an Energy Community and is entirely surrounded by water? If you answered “an offshore wind farm along the coast of the United States,” you would likely curry much favor with the...more

Locke Lord LLP

Bridging the Gaps: Will the IRA Really ‎‎Be a Game Changer for Offshore Wind?‎

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The excitement surrounding the passage of the Inflation Reduction Act (“IRA”) was perhaps felt nowhere as strongly as among proponents of the US offshore wind industry. From project developers to original equipment...more

Foley Hoag LLP - Energy & Climate Counsel

Massachusetts to Require Disclosure of Energy Usage from Large Buildings

Lost amid the more high profile items in Massachusetts’ recently enacted Act Driving Clean Energy and Offshore Wind is a requirement that the Department of Energy Resources establish a program requiring large buildings across...more

Paul Hastings LLP

U.S. Senate Passes Inflation Reduction Act

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On August 7, after weeks of negotiations, the Senate voted 51-50 to pass a budget reconciliation package known as the Inflation Reduction Act (the “Bill”), introduced by Senators Joe Manchin (D‑WV) and Chuck Schumer (D‑NY) in...more

Womble Bond Dickinson

Massachusetts Proposal to Support Offshore Wind Industry Development, Additional Offshore Wind Projects, Transmission, and Energy...

Womble Bond Dickinson on

On January 12, 2022, The Massachusetts Legislature’s Joint Committee on Telecommunications, Utilities, & Energy reported H. 3310, An Act advancing offshore wind and clean energy. Although the bill focuses on development of...more

Gray Reed

Renewable Energy Tax Credits: Green Energy Saving Greenbacks

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The world needs energy, and increasingly more of it, but people are becoming concerned that the production of energy be done responsibly. A growing trend involves efforts to create more energy from renewable sources in hopes...more

McDermott Will & Emery

Key Takeaways | The Energy Market in 2021: Legislative Update on Renewable Energy Tax Incentive

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The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped—and will continue to impact—the energy industry, including...more

McDermott Will & Emery

[Webinar] The Energy Market In 2021: From Crisis To Opportunity | Legislative Update On Renewable Energy Tax Incentives - May...

McDermott Will & Emery on

The energy market has undergone significant change in the past 12 months, with even more on the horizon. Join us for a webinar series as we explore how these changes have shaped—and will continue to impact—the energy...more

Woods Rogers

Virginia Clean Economy Act Update

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During its 2020 Session, the General Assembly passed and Governor Northam signed into law HB 1526/SB 851, the Virginia Clean Economy Act (VCEA or Act). The VCEA codified the clean energy directives included in Executive Order...more

Mayer Brown

IRS Grants Beginning of Construction Relief for Offshore Renewable Projects and Renewable Projects on Federal Land

Mayer Brown on

On December 31, 2020, the US Treasury Department and the Internal Revenue Service (the “IRS”) issued Notice 2021-05 (the “Notice”), which provides relief for offshore renewable energy projects and renewable projects...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden's 2019 Insights: Recent Trends in Renewable Energy

The renewable energy sector has benefited in recent years from its growing cost-competitiveness, favorable climate change-related policies, and significant new capital investment from traditional and nontraditional debt and...more

Allen Matkins

Renewable Energy Update - March 2016

Allen Matkins on

U.S. utility-scale solar market fueled by growth beyond renewable portfolio standards - Greentech Media - Mar 1 More than half of new U.S. utility-scale solar in 2016 will be built outside of obligations to meet...more

Mintz

Energy And Environment Update -- September 9, 2013

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In This Issue: Energy and Climate Debate; Congress; Administration; Department of Commerce; Department of Energy; Department of Interior; Environmental Protection Agency; International; States; Sustainability; and...more

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