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Grants Energy Projects

McDermott Will & Emery

White House Activates $20 Billion IRA Funding Program for Renewable Energy Projects

On April 4, 2024, the White House activated a much-anticipated program meant to catalyze private investment in clean technology across the United States. It will award $20 billion in grant funding to eight recipients under...more

BakerHostetler

Monetizing Renewable Energy Credits - Final Regulations on Direct Pay

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As covered in our prior alerts, the Inflation Reduction Act modified and reinstated existing renewable energy credits, enacted new renewable energy credits, and enacted under § 6417 an election that allows applicable entities...more

Vinson & Elkins LLP

Texas Energy Fund Update

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On November 7, 2023, Texas voters approved a constitutional amendment creating the Texas Energy Fund (“TEF”). The TEF, which will be administered by the Public Utility Commission of Texas (“PUCT”) with assistance from a...more

Stikeman Elliott LLP

Alberta Carbon Capture Incentive Program and Federal CCUS Investment Tax Credit – Two Green Lights for Carbon Capture in Alberta

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On November 28, 2023, the Alberta government introduced the Alberta Carbon Capture Incentive Program (“ACCIP”), a new grant offered by the provincial government to incentivize carbon capture, utilization, and storage (“CCUS”)...more

Holland & Knight LLP

A First Look at the EPA's Clean Ports Program

Holland & Knight LLP on

The U.S. Environmental Protection Agency's (EPA) Clean Ports Program is a $3 billion program established by the Inflation Reduction Act (IRA) to fund zero-emission (ZE) port equipment and technology, as well as assist U.S....more

Holland & Knight LLP

Eyes on Energy Tax Update: Second Quarter 2023

Holland & Knight LLP on

The second quarter of 2023 saw continued developments as a result of the enactment of the Inflation Reduction Act of 2022 (IRA), court activity and announcements from federal agencies. Below, we summarize the updates you need...more

Pillsbury Winthrop Shaw Pittman LLP

Overview of the Impact of the 88th Legislative Session on the Oil, Gas and Renewables Industries in Texas

The 88th regular session of the Texas Legislature saw an unusually high number of proposed bills with a stated focus of ensuring reliability of the Texas grid and favoring “dispatchable generation” (having output within human...more

King & Spalding

IRS Publishes Guidance on Section 48C Advanced Energy Project Tax Credit

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On May 31, 2023, the IRS released Notice 2023-44 (the “Notice”) providing additional guidance on the advanced energy project tax credit (Section 48C), effectively reintroduced by the Inflation Reduction Act of 2022 (“IRA”). ...more

Jones Day

European Commission Awards Grants to Seven Large-Scale Projects Under the Innovation Fund

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On March 10, 2022, the European Commission ("the Commission") adopted a decision on the award of grants under the Innovation Fund ("the Fund"). A total of seven projects obtained a grant after a first call for large-scale...more

Husch Blackwell LLP

Key Takeaways for Energy Companies from the Infrastructure Investment Jobs Act

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On November 15, 2021, President Biden signed into law the Infrastructure Investment and Jobs Act, a monumental $1.2 trillion bipartisan infrastructure bill. Given its wide scope, the bill will drive remarkable activity and...more

Davis Wright Tremaine LLP

Portland Clean Energy Fund Releases First RFP for Energy Project Grants Aimed at Advancing Racial and Social Justice

In 2018, voters in Portland passed a far-reaching new initiative, the Portland Clean Energy Community Benefits Fund (PCEF). Described as the country's first ever climate fund created and led by communities of color, the fund...more

Williams Mullen

Maryland Announces Offshore Wind Business Development and Workforce Development Grant Programs

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In May 2018, the Maryland Energy Administration (the “MAE”) announced two grant programs to support offshore wind development – the Offshore Wind Business Development Grant Program and the Offshore Wind Workforce Development...more

Pierce Atwood LLP

Massachusetts Takes Lead in Energy Storage Initiatives

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The Commonwealth of Massachusetts has released its long-awaited Energy Storage Initiative Study and simultaneously announced an $11 million program designed to help fund approximately 10 to 15 energy storage projects that...more

Bergeson & Campbell, P.C.

USDA Revises Renewable Energy Loan Guarantees

On December 29, 2014, the U.S. Department of Agriculture (USDA) published the final rule for the Rural Energy for America Program (REAP). REAP is intended to help mainly businesses, as well as some state, local, and tribal...more

Akin Gump Strauss Hauer & Feld LLP

Ruling on Discovery Disputes in “SolarCity” Cash Grant Litigation

On August 29, 2014, Judge Bruggink heard oral argument and ruled on plaintiffs’ motion to compel the production of documents and information requested from the Department of the Treasury (“Treasury”) regarding plaintiffs’...more

Best Best & Krieger LLP

California Department of Water Resources Releases Draft 2014 Water-Energy Grant Program Guidelines

Grant Program Assists Public Agencies with Water Efficiency Projects - The California Department of Water Resources has released a draft of its 2014 Water-Energy Grant Program Guidelines and Proposal Solicitation...more

Wilson Sonsini Goodrich & Rosati

Applications Now Being Accepted for USDA Renewable Energy and Energy Efficiency Grant and Loan Program

On Monday, May 5, 2014, the United States Department of Agriculture (USDA) announced that it will begin accepting new applications for grants and loans under the Rural Energy for America Program (REAP) for fiscal year 2014....more

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