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Energy Storage Batteries Tax Credits

Troutman Pepper Locke

A Voltage Voyage With Danielle Spalding, Cirba Solutions — Battery + Storage Podcast

Troutman Pepper Locke on

In this episode, guest hosts Dan Anziska and Coby Beck join Bill Derasmo for an interview with Danielle Spalding, vice president of communications and public affairs at Cirba Solutions. Spalding discusses the importance of...more

Morgan Lewis

A 2025 Update on Utility-Scale Energy Storage Procurements

Morgan Lewis on

While the energy storage market continues to rapidly expand, fueled by record-low battery costs and robust policy support, challenges still loom on the horizon—tariffs, shifting tax incentives, and supply chain uncertainties...more

Allen Matkins

Renewable Energy Update 1.9.25

Allen Matkins on

According to a new study published in the journal Renewable Energy, no blackouts occurred when wind, water, and solar electricity supply exceeded 100% of demand on California’s main grid for a record 98 of 116 days from late...more

Foley Hoag LLP - Energy & Climate Counsel

With Federal Support Uncertain, New York Executes Plan for Six Gigawatts of Energy Storage by 2030

After years of regulatory proceedings and planning, and following the New York Public Service Commission (the “PSC”)’s June 2024 Order Establishing Updated Energy Storage Goal and Deployment Policy (the “June 2024 Order”),...more

Allen Matkins

Renewable Energy Update 7.18.24

Allen Matkins on

The California Energy Commission (CEC) has adopted a strategic plan that will guide the state’s development of offshore wind energy. The plan outlines analysis and strategies to deploy floating turbines off California’s...more

Allen Matkins

Renewable Energy Update 6.03.24

Allen Matkins on

The California Independent System Operator’s board on May 23 approved a $6.1 billion, 10-year transmission plan that includes projects to deliver offshore wind to customers. Transmission projects to access clean energy...more

A&O Shearman

Navigating the new elective safe harbor for the Domestic Content Bonus Tax Credit

A&O Shearman on

The U.S. Treasury Department and the Internal Revenue Service have issued a new safe harbor that will make it easier for U.S. solar, onshore wind and battery storage projects with U.S.-sourced components to qualify for...more

Allen Matkins

Renewable Energy Update 5.07.24

Allen Matkins on

Governor Gavin Newsom said on April 25 that California continued to rapidly add the battery storage that is crucial to the transition to cleaner energy, but admitted it was still not enough to avoid blackouts during heat...more

BakerHostetler

Overview of the Proposed Regulations for Advanced Manufacturing Credits Under Section 45X

BakerHostetler on

As covered in our prior alerts, the Inflation Reduction Act enacted new renewable energy credits, including an advanced manufacturing production credit under Section 45X that provides tax credits to domestic producers and...more

Troutman Pepper Locke

Taking Charge: Inside the U.S. Battery Boom

Troutman Pepper Locke on

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

K&L Gates LLP

Energy Storage Handbook 2022

K&L Gates LLP on

The K&L Gates Power practice is pleased to present the latest edition of the Energy Storage Handbook. This handbook is an annually updated primer on what energy storage is, how it is regulated by U.S. federal and state...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Energy Storage Tax Incentive and Deployment Act: Federal Legislation Proposed to Provide Tax Credits for Standalone Storage...

Federal legislation has been introduced that would provide that standalone storage projects are eligible for the investment tax credit (“ITC”). The legislation is titled the “Energy Storage Tax Incentive and Deployment...more

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