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Investment Tax Credits Batteries

Foley & Lardner LLP

IRS Releases Long-Awaited Updates to Investment Tax Credit Regulations

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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

Eversheds Sutherland (US) LLP

The French Finance Bill for 2024 creates a Tax Credit for Investments in Green Industries

The French Finance Bill for 2024, released on September 27, 2023, includes a tax credit for investments in green industries (the Crédit d’impôt “Investissement Industries Vertes” or C3IV) aimed to restore France’s industrial...more

Troutman Pepper

Taking Charge: Inside the U.S. Battery Boom

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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

Farella Braun + Martel LLP

Battery Energy Storage Systems Integrated in Solar Facilities To Receive Tax Incentives

Intermittency is one of the largest issues impeding increased reliance on energy from utility-scale renewable energy generation sources such as wind and solar. Battery energy storage systems (“BESSs”) can alleviate concerns...more

Foley & Lardner LLP

Energy Independence in the Age of Renewables

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Facing the traditional energy sector’s uncertain future and the decreased cost of producing renewable energy, many companies have taken to generating their own power. Manufacturers may be in an ideal position to do the same...more

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