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Offshore Wind Federal Land Energy Projects

Allen Matkins

Renewable Energy Update 1.17.25

Allen Matkins on

President Joe Biden has designated two more national monuments in California, spanning 848,000 acres - the Chuckwalla National Monument and the Sáttítla Highlands National Monument. The Chuckwalla National Monument creates...more

McGuireWoods LLP

Continuity Safe Harbor Extended for Offshore Wind, Renewable Energy Projects on Federal Land

McGuireWoods LLP on

The IRS recently issued Notice 2021-05, which extends the continuity safe harbor to 10 years for offshore wind projects and renewable energy projects constructed on federal land. Under prior IRS guidance, most renewable...more

Latham & Watkins LLP

IRS Gives Offshore Wind and Federal Land Projects More Time to Qualify for Tax Credits

Latham & Watkins LLP on

Notice 2021-05 gives renewable energy developers 10 years to complete projects located offshore or on federal land. Key Points: ..Developers of offshore and federal land projects now have 10 years to complete their...more

McDermott Will & Emery

IRS Provides Relief for Offshore Wind and Federal Land Projects

New guidance from the Internal Revenue Service (IRS, the Service) extends the Continuity Safe Harbor to 10 years for both offshore wind projects and projects on federal land...more

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