Recent M&A Activity:
March 25, 2019: Emera Maine, a subsidiary of Emera, reached a definitive agreement to be acquired by Enmax for CAD 1.29 billion. This transaction reflects Enmax's strategy to grow through the expansion...more
On January 17, 2019, New York Governor Andrew Cuomo announced the introduction of the Green New Deal, a nation-leading clean energy and jobs agenda factored into the state’s 2019 Executive Budget. The Green New Deal will...more
Tax Extenders -
Since our last Washington update, Senators Grassley (R-IA) and Wyden (D-OR), the Chairman and Ranking Member of the Senate Finance Committee, respectively, have introduced the Tax Extender and Disaster...more
4/1/2019
/ Appropriations Bill ,
Biofuel ,
Budget Cuts ,
Department of Energy (DOE) ,
Energy Projects ,
Energy Sector ,
Federal Funding ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Tax Extenders
Recently, the ocean east of Block Island and south of Martha’s Vineyard has seen a “gold rush” of interest as a location for future offshore wind farms. Would be wind farm developers are bidding aggressively in federal...more
House Democrats Readying to Tackle Climate Change & Energy in the 116th Congress -
House Democrats assumed the majority in the 116th Congress, with Rep. Frank Pallone Jr. (D-NJ) as the new chairman of the House Committee...more
The federal Tax Cuts and Jobs Act of 2017 created a tax incentive program (the “Opportunity Zone Program”) that has the potential to provide a significant amount of funding for the development of renewable energy projects....more
The New Year has officially arrived, bringing with it exciting goals and predictions for the clean energy industry around the world. According to projected trends published by Forbes and the Open Energy Market, there are...more
Congress -
Although Congressional activity has been curtailed this month with members largely at home campaigning ahead of the November 6 midterm elections, there has been some activity on energy policy.
The Senate...more
In August, the U.S. Department of Energy (DOE) disseminated its 2017 Wind Technologies Market Report. The report tracked trends in installation, technology performance, cost, and price of wind power. Overall, the DOE reported...more
CHASM Advanced Materials, Inc. is a developer and manufacturer of advanced materials for printed electronics and battery applications. The company recently closed an $11 million Series A financing to expand production...more
Recent M&A Activity -
September 24, 2018: EnterSolar reached a definitive agreement for 50% of its interest to be acquired by EDF Renewables North America, a subsidiary of EDF Renewable Energy. The acquisition will help...more
November 8 // Cambridge, MA -
Venture Café is hosting a mini-conference presented by Shell Ventures. This special ‘conference night’ event seeks to bring together the brightest minds who are building, funding, and...more
A Note from the Editors -
Energy & Sustainability Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox. This month’s features...more
Analysis by Bloomberg New Energy Finance finds that roughly 18% of U.S. energy generation is supplied by renewable sources. The details can be found in the 2018 edition of the Sustainable Energy in America Factbook,...more
3/7/2018
/ Electric Generation Suppliers ,
Electricity ,
Energy Projects ,
Energy Sector ,
Energy Storage ,
Oil & Gas ,
Power Grid ,
Renewable Energy ,
Solar Energy ,
Transmission Grid ,
Transmission Lines ,
Utilities Sector ,
Wind Power
On February 7, the Baker-Polito Administration announced that Massachusetts has installed more than 2,000 megawatts (MW) of solar electricity through 78,646 projects across the state. The achievement represents the...more
3/6/2018
/ Department of Environmental Resources ,
Energy Efficiency ,
Energy Projects ,
Energy Sector ,
Global Warming Solutions Act ,
Governor Baker ,
Popular ,
Renewable Energy ,
Renewable Energy Incentives ,
SMART ,
Solar Energy ,
State and Local Government ,
Utilities Sector
After releasing a request for proposals in March 2017 seeking long-term contracts for clean energy projects, on January 25 the Baker-Polito administration selected the Northern Pass Hydro (Northern Pass) project to move...more
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
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 second installment of the series.
Energy and...more
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 first installment of the series.
The biggest...more
1/24/2018
/ Base Erosion Tax ,
Business Taxes ,
Corporate Taxes ,
Energy Projects ,
Energy Sector ,
Infrastructure ,
Investment Tax Credits ,
Oil & Gas ,
Production Tax Credit ,
Renewable Energy ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
The global economy must triple its annual investment in low-emissions technology, from $750 billion per year between 2010 and 2015 to $2.3 trillion per year going forward until 2040, to keep the planet under 2 degrees Celsius...more
On August 23, the Baker-Polito Administration awarded $455,000 in grants to seven early-stage researchers and companies developing clean energy technologies as part of the Massachusetts Clean Energy Center’s (MassCEC)...more
On August 23, Massachusetts joined the eight other states in the Regional Greenhouse Gas Initiative (RGGI) in announcing a plan to reduce carbon dioxide emissions by an additional 30 percent by 2030 relative to 2020 levels....more
9/7/2017
/ Cap-and-Trade ,
Carbon Auctions ,
Carbon Emissions ,
Clean Tech ,
Climate Action Plan ,
Environmental Policies ,
Greenhouse Gas Emissions ,
Proposed Regulation ,
Public Comment ,
Renewable Energy ,
RGGI ,
State and Local Government
A Note from the Editors -
This month’s edition of Energy & Sustainability Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox....more
On August 11th, 2017, the Massachusetts Department of Energy Resources (DOER) released its final set of proposed regulations for the Solar Massachusetts Renewable Target (SMART) program, which aims to deploy another 1,600 MW...more
8/30/2017
/ Amended Regulation ,
Department of Environmental Resources ,
Energy Efficiency ,
Energy Projects ,
Energy Sector ,
Governor Baker ,
Renewable Energy ,
Renewable Energy Incentives ,
SMART ,
Solar Energy ,
State and Local Government ,
Utilities Sector
In early April 2017, the Massachusetts Department of Energy Resources (DOER) partnered with investor-owned electric distribution companies across the state to jointly issue a request for proposals (RFP) for renewable energy...more
8/28/2017
/ Bids ,
Clean Energy ,
Competitive Bidding ,
Electricity ,
Energy Sector ,
Fossil Fuel ,
Greenhouse Gas Emissions ,
Offshore Wind ,
Renewable Energy ,
Request for Proposals ,
Solar Energy ,
State and Local Government