News & Analysis as of

Investment Tax Credits Supply Chain

Troutman Pepper Locke

Navigating the One Big Beautiful Bill Act: A Practical Guide

Troutman Pepper Locke on

On July 4, 2025, H.R. 1 — the One Big Beautiful Bill Act (the OBBBA) was enacted into law. We discussed the version of the bill that passed in the House in May (the House bill) in our previous update. On July 1, the Senate...more

McGuireWoods LLP

Tax Bill Enacted on July 4, 2025 Contains Scaled-back Renewable Energy Provisions

McGuireWoods LLP on

On July 4, 2025, President Donald Trump signed the One Big, Beautiful Bill Act into law, which scales back renewable energy tax provisions. The final bill did, however, contain more favorable renewable energy tax provisions...more

Foley & Lardner LLP

Key Provisions of the One Big Beautiful Bill (H.R.1) Related to Foreign Ownership and Foreign Supply (FEOC)

Foley & Lardner LLP on

Applicable Limitations on Tax Credits under Sections 48E, 45Y, and 45X: The below summary describes provisions in the One Big Beautiful Bill that were passed by the House and are currently under consideration in the...more

Husch Blackwell LLP

IRA’s Section 6418 Transferable Credits: Will They Be Expanded to Other Industries?

Husch Blackwell LLP on

Lately, elected representatives on both sides of the aisle have been displaying an appetite for expanding transferable tax credits to a broader variety of industries. This is evidenced by the recent profusion of proposed...more

Bennett Jones LLP

2025 Canadian Infrastructure Trends

Bennett Jones LLP on

The Canadian infrastructure space saw significant volumes of projects announced and transacted in 2024, primarily driven by government incentivizes and the development of eligible projects through the investment tax credit...more

Foley & Lardner LLP

New President Offers Opportunities for Local and Foreign Investors

Foley & Lardner LLP on

On January 13th, 2025, President Sheinbaum presented the Mexico Plan (MP), which details tax incentives, provides for greater efficiency in administrative processes, and outlines investment goals for infrastructure related to...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - December 2024

Looking at 2024 EV sales, the U.S. made meaningful strides toward achieving the Biden Administration’s goal of having 50% of all new vehicle sales be electric by 2030. Since the IRA was enacted, purchases of zero-emission...more

ASKramer Law

Energy Tax Credits For A New World Part V: Domestic Content Bonus Credits

ASKramer Law on

What is the purpose of the Domestic Content Bonus Credit? The Inflation Reduction Act (IRA) introduced the Domestic Content Bonus Credit to provide an additional credit amount to taxpayers that meet its requirements. The...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

Hinckley Allen

4 Takeaways from the 2024 Offshore Wind Conference

Hinckley Allen on

The Environmental Business Council recently hosted its 11th Annual Offshore Wind Conference, where clean energy leaders including developers, consultants, and permitting attorneys from around the Northeast convened to...more

ArentFox Schiff

The Government of Canada Releases its 2023-2024 Federal Budget

ArentFox Schiff on

On March 24, President Joe Biden met with Canada’s Prime Minister Justin Trudeau, bringing a message of economic integration and shared commitments. The President’s remarks to the Canadian Parliament made that clear that...more

Eversheds Sutherland (US) LLP

IRS provides COVID-19-related relief for renewables

On May 27, 2020, the IRS issued Notice 2020-41, which provides much needed COVID-19-related relief from workforce and supply chain issues impacting the renewable energy industry. The Notice provides the following: ..For PTC...more

Akin Gump Strauss Hauer & Feld LLP

30% ITC Safe from Delivery Delays Due to Coronavirus

Solar developers need not worry that delivery delays caused by the coronavirus outbreak will disrupt investment tax credit (ITC) safe harboring. However, developers should take care to appropriately address any delays, as...more

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