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Haynes Boone

Shipping and Energy Newsletter - Summer 2025

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In this edition, we explore some of the strategic questions shaping conversations in the energy sector today and provide you with tools and information that will be helpful when entering into contracts....more

Foley Hoag LLP - Energy & Climate Counsel

NYPA’s New 7 GW Renewable Development Goal: What to Expect When Contracting With NYPA

On July 29, 2025, the New York Power Authority (“NYPA”) released for public comment a draft of the NYPA Renewables Updated Strategic Plan (the “Updated Plan”). The Updated Plan lays out a pathway for NYPA to contract with...more

Schwabe, Williamson & Wyatt PC

An Overview of Tech-Neutral Energy Tax Credits for Energy Project ‎Developers

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have published final regulations for the Clean Electricity Investment and Production Tax Credits, also known as technology-neutral energy...more

Foley Hoag LLP - Energy & Climate Counsel

New York Kicks Off Bulk Energy Storage Procurement

On July 28, 2025, Governor Kathy Hochul announced the launch of New York State’s first bulk energy storage competitive solicitation. In this initial solicitation (the 2025 “Index Storage Credit Request for Proposals,” or...more

Baker Donelson

Wind and Solar Projects Face Increased Oversight as Clean Energy Incentives Fade

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The U.S. Department of the Interior (DOI) issued a memorandum on July 15, 2025, announcing the end of what DOI refers to as "preferential treatment" for "unreliable, subsidy-dependent"1 wind and solar energy projects...more

Foley Hoag LLP - Energy & Climate Counsel

SMART 3.0 Program Key Changes and Features: Mitigation Fees

We’ve previously covered the Massachusetts Department of Energy Resources (“DOER”) emergency regulations released last month for the SMART 3.0 Program, which significantly revise DOER’s Solar Massachusetts Renewable Target...more

Holland & Knight LLP

IRS Releases 2025 Inflation Adjustments for Sections 45U, 45V and 45Z

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The IRS on July 21, 2025, released Notice 2025-37, announcing the inflation-adjusted credit amounts for calendar year 2025 applicable to tax credits available under Internal Revenue Code Sections 45U, 45V and 45Z, which were...more

Husch Blackwell LLP

Recent Developments from the OBBBA and EO 14315: Rush to Begin Construction and Pricing Uncertainty

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As we have discussed in recent articles and as has been well publicized, two recent actions out of Washington are significantly impacting the renewable energy industry. The recently enacted One, Big, Beautiful Bill Act...more

Foley Hoag LLP - Energy & Climate Counsel

A New Nuclear Strategy in New York State

As New York Governor Kathy Hochul’s commitment to renewable energy has been challenged both by Washington and by her own Administration’s evolving priorities, she has embarked on a new strategy to elevate the profile of...more

BCLP

What the “One Big Beautiful Bill Act” Means for the Renewable Energy Industry, and How It Can Adapt

BCLP on

Over the July 4th holiday, President Trump signed H.R. 1 (a/k/a the “One Big Beautiful Bill”) into law (Public Law No: 119-21, the “Act”). This sweeping piece of legislation significantly rolls back clean energy tax credits...more

Allen Matkins

Renewable Energy Update 7.17.25

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The budget reconciliation bill signed into law on July 4 (also known as the “One Big Beautiful Bill”) adds a new provision to the National Environmental Policy Act (NEPA) that allows project sponsors/applicants to pay for...more

Davis Wright Tremaine LLP

FERC Eases NEPA Review for Hydropower Projects With New Categorical Exclusions

In a decision notable enough to merit a novel docket prefix (CX25-2-000), the Federal Energy Regulatory Commission (FERC) adopted two new categorical exclusions under the National Environmental Policy Act (NEPA) aimed at...more

Allen Matkins

Renewable Energy Update 7.10.25

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President Donald Trump signed an executive order Monday to phase out federal subsidies for green energy like wind and solar farms, citing unsustainability for the grid and too much reliance on foreign adversaries. The order...more

Stikeman Elliott LLP

Permitting Reform for Renewable Energy Projects

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B.C. recently introduced and passed Bill 14 – the Renewable Energy Projects (Streamlined Permitting) Act....more

Davis Wright Tremaine LLP

Trump Executive Order Introduces Further Uncertainty for Wind and Solar Projects

Days after signing into law the One Big Beautiful Bill Act (OBBBA), which dramatically rolled back the availability of federal tax credits for solar and wind power projects, President Trump issued an Executive Order (EO)...more

Williams Mullen

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

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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

Jones Day

The One Big Beautiful Bill Becomes Law: Impact on Clean Energy Tax Credits

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The One Big Beautiful Bill Act modifies the requirements for clean energy tax credits....more

Mayer Brown

House Enacts the Senate Legislative Text of the One Big Beautiful Bill Act

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On July 3, 2025, the House approved the Senate’s legislative text (the “Senate Legislative Version”) for the budget reconciliation bill (H.R. 1, the “One Big Beautiful Bill Act”) without any changes. Thus, the final...more

Hogan Lovells

Energy Buzz: CfD AR7 - Proposed reforms to the CfD scheme to meet the UK’s clean energy goals

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According to the indicative timeline for Allocation Round 7 ("AR7") of the UK’s Contracts for Difference ("CfD") scheme, the application window is due to open in August 2025 with results anticipated by early 2026....more

Greenbaum, Rowe, Smith & Davis LLP

Passage of One Big Beautiful Bill Act Creates Opportunities and Issues for Alternative and Clean Energy Initiatives

On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act, following its passage out of the U.S. Senate by the slimmest of margins (51-50) requiring the vote of the Vice President to break the...more

Ropes & Gray LLP

Energy Transition: Navigating Europe's Short-Term Volatility and Long-Term Gains

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It might appear as though investors are struggling to see how to make the energy transition profitable, but European investor appetite hasn’t waned for the right transaction. Below we consider some topical issues and risk...more

Troutman Pepper Locke

Navigating the One Big Beautiful Bill Act: A Practical Guide

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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

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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

McDermott Will & Schulte

The One Big Beautiful Bill Act: Navigating clean energy tax credits in a new era

On July 4, 2025, US President Donald Trump signed into law a budget reconciliation bill known as H.R.1: the One Big Beautiful Bill Act (OBBBA). The OBBBA generally accelerated phase-outs to the Inflation Reduction Act of 2022...more

Pierce Atwood LLP

Congress Phases Out Energy Tax Credits

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On July 3, 2025, Congress approved a version of the “One Big Beautiful Bill Act” (the Bill), which significantly impacts the energy tax credits enacted under the Inflation Reduction Act of 2022 (IRA). President Trump held a...more

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