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Section 48 Investment Tax Credit for Offshore Wind and Energy Storage

The Department of the Treasury (DOT), through the Internal Revenue Service (IRS) and in consultation with the Department of Energy (DOE), released new draft guidance on Section 48 tax credits, as well as updated guidance in...more

Long-Awaited EV Guidance Proposes New Restrictions on Foreign Entities of Concern and Further Clarifications

DOE Proposed Guidance - On December 1, the Biden administration’s Department of Energy released its latest proposed guidance related to the electric vehicle incentive expanded through the Inflation Reduction Act. DOE’s...more

48C Qualified Advanced Energy Project Tax Credit: One Year Into the Inflation Reduction Act

The Inflation Reduction Act (IRA) recently celebrated its first anniversary with some programs becoming increasingly oversubscribed even before the funding is released. One of those programs is the qualifying advanced energy...more

Bringing Together Public and Private Sectors to Advance Clean Hydrogen

On June 6, the Biden administration revealed its National Clean Hydrogen Strategy and Roadmap, which aims to coordinate public and private sector activities to advance the development and deployment of the clean hydrogen...more

Debt Ceiling Deal: How Will it Impact the Health and Energy Sectors?

As congressional leaders focus on passing an agreement negotiated over the weekend by the Biden administration and House Speaker Kevin McCarthy that would increase the debt limit through early 2025 and prevent a potential...more

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