News & Analysis as of

Renewable Energy

Bracewell Tax Report: Week of February 12

by Bracewell LLP on

The Tax Cuts and Jobs Act (TCJA) effected sweeping reform across the Internal Revenue Code. This report, and future installments, will discuss this legislation and other important tax guidance, including how such authorities...more

DRM Win for Renewable Energy at Vermont Supreme Court

by Downs Rachlin Martin PLLC on

On January 12, 2018, the Vermont Supreme Court decided in favor of Stowe Cady Hill Solar LLC and reversed the Vermont Public Utility Commission’s sua sponte dismissal of a petition for a net-metered solar facility. The...more

Renewable Energy Update - February 2018 #3

by Allen Matkins on

Focus - Trump’s proposed budget slashes funding for clean energy programs - Greentech Media - Feb 14 The Trump administration’s proposed 2019 budget, released on Monday, proposes cuts to several clean energy programs....more

Taiwan Offshore Wind Farm Projects: Guiding Investors through the Legal and Regulatory Framework

by Jones Day on

The Taiwanese Government has set aggressive renewable energy targets, with a particular focus on the development of its offshore wind power capabilities. This exciting new market presents great opportunities for foreign...more

Bipartisan Budget Act Partially Reinstates Orphaned Energy Tax Credits

The Bipartisan Budget Act of 2018 (H.R. 1892) (the “Act”) was enacted on February 9, 2018. The Act is a two-year budget agreement that includes a number of provisions extending lapsed renewable energy-related tax credits;...more

FY 2019 Administration Budget Request

by Holland & Knight LLP on

President Donald Trump on February 12, 2018, submitted his budget request to Congress for Fiscal Year (FY) 2019. The President's full budget calls for approximately $4.4 trillion in total spending. Much of the budget seeks...more

California May Need up to 2,000 MW of New Battery Energy Storage Resources by 2030, Commission Finds

by Stoel Rives LLP on

On February 8, 2018, the California Public Utilities Commission (“CPUC”) adopted a new procurement process in a decision which suggested that 2,000 MW of new battery energy storage resources may be needed in California by...more

A Possible Formula for Puerto Rico's Hurricane Recovery: Distributed Renewable Energy

by Sullivan & Worcester on

In October 2017, Hurricane Maria swept through the Commonwealth of Puerto Rico decimating the island, taking hundreds of lives and demolishing infrastructure on an enormous scale. In the hurricane’s immediate aftermath,...more

Energy tax extenders package passed

The Bipartisan Budget Act of 2018 (2018 BBA) passed by Congress and signed into law on February 9, 2018, extends and changes tax credits for the renewable energy, alternative fuels and nuclear energy industries, and also...more

Early Morning Budget Deal Brings the Return of Previously Expired Short-Term Tax Breaks

by Foley & Lardner LLP on

Early this morning, the House and Senate voted to pass a budget deal that included $17 billion in tax provisions, ending a short overnight government shutdown. The bill (H.R. 1892) extends the investment tax credit (ITC) to...more

Budget Act Extends PTCs and ITCs for Certain “Orphaned” Technologies

by McGuireWoods LLP on

On Feb. 9, President Trump signed into law the Bipartisan Budget Act of 2018. This piece of legislation is most notable for funding the U.S. government, but the Budget Act also provides valuable tax extenders for various...more

Residential PACE Market Faces a New Hurdle

by Miles & Stockbridge P.C. on

Property Assessed Clean Energy (PACE) financings are an alternative financing tool used to finance energy efficiency upgrades or renewable energy projects in residential, commercial and industrial properties. PACE financings...more

Renewable Energy Update - February 2018 #2

by Allen Matkins on

Focus - Western Energy Imbalance Market produces ‘solid’ benefits in Q4 - Solar Industry Magazine - Feb 2 The California Independent System Operator (CAISO) has released its western Energy Imbalance Market (EIM)...more

Projects and Energy Weekly Snippets

by Hogan Lovells on

Weekly projects and energy updates in South Africa Limpopo’s coal-fired power station gets green light The government has flashed the green light again for a [new] multibillion-rand coal-fired power station in Limpopo, but...more

2018 EU Trade, Regulatory and Competition Trends

Our “trends for 2018” are only a selection of interesting developments to watch for in 2018. Within the political and legislative cycle of the European Union, 2018 promises to be an eventful year, given that it is the last...more

Energy Update - February 2018

by Shearman & Sterling LLP on

We are pleased to release the latest issue of our client newsletter, “Energy Update,” designed to inform clients and friends of the firm about important developments affecting U.S. and international energy markets. Please...more

Environmental Aspects of Wind and Solar Projects in Alberta

by Bennett Jones LLP on

In 2015, Alberta adopted a Climate Leadership Plan and set an ambitious goal of eliminating coal-fired generation and replacing it with at least 30 percent of renewable generation by 2030. According to the Alberta Electric...more

Section 9003 Biorefinery and Renewable Chemical Loan Program Gains Momentum - USDA Program Proves to Be Viable Commercialization...

by Holland & Knight LLP on

• The U.S. Department of Agriculture's 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (Section 9003 Program) had an unprecedented year in 2017, issuing numerous conditional...more

Africa Focus: Spring 2018: Green finance in Africa

by White & Case LLP on

Achieving sustainability objectives through innovative funding of climate-change projects. The first green bond was issued only ten years ago, but since then the market's depth and volume has increased exponentially. Green...more

Government of Alberta Announces New Rounds of Renewable Electricity Program

by Bennett Jones LLP on

On February 5, 2018, the Government of Alberta announced information on the second and third rounds of its Renewable Electricity Program (REP)....more

Sustainable Development Update - February 2018

by Allen Matkins on

Sustainable Development Focus - New state ballot measure would reward people who build rainwater collection systems - The Mercury News - Feb 1 Worried about California’s dry winter? Interested in installing a rainwater...more

Connecticut Issues New RFP For Offshore Wind, Fuel Cell, And Anaerobic Digestion Projects; Sets April 2018 Deadline For Bid...

by Pierce Atwood LLP on

Last week, the Connecticut Department of Energy and Environmental Protection (DEEP) issued a request for proposals to procure up to 899,250 MWh/year of renewable energy and associated Renewable Energy Certificates (RECs) from...more

Rhode Island To Issue New RFP For 400 Megawatts of Clean Energy

by Pierce Atwood LLP on

This week, Rhode Island Governor Gina M. Raimondo directed the Office of Energy Resources to work with the state’s utilities in issuing a request for proposals (RFP) for 400 megawatts of clean energy from solar, wind, and...more

Energy & Sustainability 2017 Year in Review: Notable Deals and Financial Activities (Part 4 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the fourth installment of the series. Click to read...more

Massachusetts Unveils Three Offshore Wind Farm Proposals

by Latham & Watkins LLP on

New England wind farms poised to lead the way in utilities converting from fossil fuel to wind generation. The race is on to build the first utility-scale offshore wind farm in the United States (US) on the federal Outer...more

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