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Inflation Reduction Act (IRA) Solar Energy Energy Projects

Williams Mullen

The One, Big, Beautiful Bill Amends Renewable Energy Tax Credits - Summary of Key Changes

Williams Mullen on

On July 4, 2025, President Trump signed H.R. 1 -- The One, Big, Beautiful Bill Act (the “Act”) into law. The Act makes significant changes to the clean energy tax credits previously available under the Inflation Reduction Act...more

(ACOEL) | American College of Environmental...

California Dreaming Is Becoming a Reality: Solar Canals May Mean Having More Water As Well As More Solar Energy

On March 25, 2025, the University of Southern California’s (USC’s) Public Exchange and independent advisor Solar Aquagrid announced the California Solar Canal Initiative, a seven-university project to assess the...more

Ropes & Gray LLP

What’s Ahead for Solar and Wind in 2025: Insights from Infocast Summit

Ropes & Gray LLP on

What role will solar, wind and storage technologies play in addressing the pending “energy emergency” in the United States, and how is the industry responding to heightened policy uncertainty stemming from the new federal...more

Allen Matkins

Renewable Energy Update 2.21.25

Allen Matkins on

Clean energy installations in the U.S. reached a record high last year, with the country adding 47% more capacity than in 2023, according to new research from energy data firm Cleanview. Boosted by tax credits under the...more

Bradley Arant Boult Cummings LLP

Calling All Apprentices: National Guidelines for Apprenticeship Standards Approved by DOL for Renewable Energy Projects

Nearly two and a half years after the Inflation Reduction Act of 2022 (IRA) became law, developers and contractors continue to adjust to the new normal for renewable energy projects: compliance with prevailing wage and...more

Bradley Arant Boult Cummings LLP

Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with First Updated Elective Safe Harbor

On January 16, 2025, the IRS released Notice 2025-08, modifying its prior guidance issued as Notice 2023-38 and Notice 2024-41, for taxpayers seeking to qualify for the domestic content bonus tax credit amounts under the...more

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

Solar for All Grant Competition/Inflation Reduction Act: Arkansas Operation Among the 60 Selectees

The United States Environmental Protection Agency (“EPA”) announced 60 selectees receiving awards for the Solar for All Grant Competition that is projected to provide residential solar projects to over 900,000 households. ...more

Pillsbury Winthrop Shaw Pittman LLP

From “Energy Transition” to “Energy Security”: Assessing the Impact of the Republican Trifecta on the Energy Industry

With a renewed focus on domestic energy production and regulatory reform, the incoming administration signals significant shifts in U.S. energy and climate priorities. The incoming Trump Administration will prioritize...more

Baker Botts L.L.P.

Final Regulations Issued Regarding Section 48 Investment Tax Credit

Baker Botts L.L.P. on

On December 12, 2024, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations (the “final regulations”) regarding the energy credit under Section 48 of the Internal...more

Foley Hoag LLP - Energy & Climate Counsel

Presidential Shakeup (Once Again) Presents Opportunity for State Climate Action

President Trump’s reelection sent shockwaves through the renewable energy community. With campaign pledges to dismantle Biden-era climate programs funded by the Inflation Reduction Act and the Bipartisan Infrastructure Law...more

Allen Matkins

Renewable Energy Update 11.22.24

Allen Matkins on

Direct-pay eligible entities like local governments, public school districts, churches, and hospitals will now more easily be able to jointly invest in clean energy projects, according to final regulations released by the...more

ASKramer Law

Energy Tax Credits for a New World Part IX: Overview of Changes to Traditional Tax Equity Financing

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Tax equity investments in 2023 were about $20 billion annually. To meet the goals of the Inflation Reduction Act (IRA), “many forecasters estimate that tax equity will need to increase […] to over $50 billion.”...more

ASKramer Law

Energy Tax Credits for a New World Part VII: Low-Income Communities Bonus Credits

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What is the Low-Income Communities Bonus Credit? The Low-Income Communities Bonus Credit available through the Inflation Reduction Act of 2022 (IRA) is designed to increase the siting of, and access to renewable energy...more

ASKramer Law

Energy Tax Credits For A New World Part III: Overview of Bonus Credits

ASKramer Law on

Why did the Inflation Reduction Act (IRA) reduce the base amounts of the energy tax credits? The IRA reduced base credit amounts from their pre-IRA levels to encourage energy projects to meet Congressional policy objectives....more

ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

ASKramer Law on

What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

ASKramer Law

Q&A with Andie: Energy Tax Credits For A New World - Part I: Overview of Energy Tax Credits under the IRA

ASKramer Law on

Signed into law on August 16, 2022, the Inflation Reduction Act (IRA) is the most significant long-term commitment made by the U.S. government to encourage and support a clean energy future. The IRA modifies and revises the...more

Morgan Lewis

Elective Safe Harbor Released for IRA Domestic Content Tax Credit ‘Adder’

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The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48,...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

Partridge Snow & Hahn LLP

Inflation Reduction Act Introduces Direct Pay Option for Nonprofit Solar

Under the Inflation Reduction Act (IRA), nonprofit entities, including nonprofit independent schools, are now eligible to receive payment in lieu of tax credits for solar photovoltaic (PV) systems. This extension of the IRA...more

Nossaman LLP

Solar + Water Canals = Win-Win?

Nossaman LLP on

On April 4, 2024, Governor Newsom and the U.S. Bureau of Reclamation (Bureau) announced that the Bureau awarded California $15 million for the Delta-Mendota Canal floating solar project. The project, which is funded through...more

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

IRS Releases 2024 Procedural Guidance for Solar and Wind Projects in Low Income Communities

Last week the Department of Treasury and Internal Revenue Services (IRS) issued procedural guidance for the second year of the Low-Income Communities Bonus Credit Program under Section 48(e) of the Internal Revenue Code...more

Allen Matkins

Renewable Energy Update 3.28.24

Allen Matkins on

The U.S. Department of Treasury on March 22 issued guidance that further defined what qualifies as an “energy community” under the Inflation Reduction Act, clarifying where developers can site projects to qualify for the...more

Foley Hoag LLP - Energy & Climate Counsel

New York’s Inflation Reduction Act “Surplus” and How to Expand Distributed Solar Beyond 10 Gigawatts

The New York Public Service Commission (“PSC”) is considering recommendations by the New York State Energy Research and Development Authority (“NYSERDA”) to use existing NY-Sun Program funding to deploy distributed solar...more

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

Solar Projects? It's Time for Governmental and Tax-Exempt Entities to File for Applicable Tax Credits

As provided for in the 2022 Inflation Reduction Act (or IRA), entities not subject to taxation such as cities, counties, municipal utilities, school districts and 501(c)(3) organizations (or tax-exempt entities) can now take...more

Spilman Thomas & Battle, PLLC

Solar is Coming, Solar is Here: The Growth of Solar in Coal Country

We reviewed a variety of news stories discussing new solar projects in states – Kentucky, West Virginia, and Pennsylvania – that have traditionally relied heavily on coal and carbon-emitting fuels. The articles reveal lessons...more

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