News & Analysis as of

Solar Energy Infrastructure Tax Credits

McCarter & English, LLP

One Big Beautiful Bill Act Tax Law Updates—Energy Sector

On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), which includes a number of tax law changes that directly impact the energy industry. A significant number of the...more

Morgan Lewis

State by State: An Updated Roadmap Through the Current US Energy Storage Policy Landscape

Morgan Lewis on

Energy storage resources have become an increasingly important component of the energy mix as traditional fossil fuel baseload energy resources transition to renewable energy sources. Currently 23 states, plus the District of...more

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

Vision for American Energy Storage: Solar Energy Industries Association White Paper

The Solar Energy Industries Association (“SEIA”) has issued a January 2025 White Paper titled: Vision for American Energy Storage (“White Paper”)....more

K&L Gates LLP

Proposed Texas Senate Bills Have Potential Negative Impacts on Wind and Solar

K&L Gates LLP on

Renewable energy developers should be aware of the proposed legislation in Texas that, if passed, will significantly impact existing wind and solar facilities as well as development-stage projects. Senate Bill 819 (SB 819)...more

Foley Hoag LLP - Energy & Climate Counsel

A Fossil-Forward U.S. Energy Policy Begins to Take Shape under Trump

President Trump began his second term by issuing a barrage of executive orders, memoranda, and other directives, many of which targeted U.S. energy policy and the federal employees who implement it. Trump had campaigned on...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

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

Akerman LLP

October 19 – First Day to Submit Applications to the Low-Income Community Bonus Tax Credit Program

Akerman LLP on

The DOE Portal for submitting applications to the "Low-Income Communities Bonus Credit Program" for all four facility categories opens on October 19, 2023, at 9:00 am ET. All applications received by November 18 at midnight...more

Mayer Brown

US DOE: Clean Energy Supply Chain Poses "Immense Challenges" But Offers "Enormous Opportunity"

Mayer Brown on

In its recently released 76-page report, required under President Biden’s Executive Order 14017, “America’s Supply Chains,” the US Department of Energy (DOE) finds that “[t]he opportunity for US global leadership on clean...more

Mayer Brown

Energy Storage Tax Credits in the Biden Administration FY 2022 Budget, GREEN Act and Clean Energy for America Act

Mayer Brown on

As the renewable energy sector has grown in recent years, thanks in part to federal income tax credits, researchers and policymakers have begun to focus on the role of energy storage. Because wind and solar are intermittent...more

Allen Matkins

Renewable Energy Update - April 2021

Allen Matkins on

Senators introduce legislation to aid clean energy recovery - Solar Industry – March 30 - Sen. Tom Carper, D-Del., Senator Sheldon Whitehouse, D-R.I., and Senator Martin Heinrich, D- N.M., have introduced legislation...more

Mayer Brown

Potential Energy Tax Changes under a Biden Administration

Mayer Brown on

As the incoming Biden Administration takes shape, energy companies will be monitoring potential tax policy initiatives, especially those that could impact the energy sector. Companies throughout the sector could be treated...more

Mayer Brown

Solar and Wind Tax Credits Extended, Again

Mayer Brown on

On Monday, December 21, 2020, the United States Congress passed a second large stimulus bill (the “Relief Bill”) aimed at curtailing the economic disruptions caused by COVID-19. The Relief Bill, among other things, extends...more

Orrick, Herrington & Sutcliffe LLP

Boost For Solar Energy Developers From IRS Clarification Of "Beginning Construction" Tax Credit Rules

On June 22, the Internal Revenue Service ("IRS") issued Notice 2018-59 (the "Notice"), which provides guidance regarding qualification and construction timing for purposes of the investment tax credit ("ITC") provided by...more

Orrick, Herrington & Sutcliffe LLP

The Impact On Energy If The House's "Tax Cuts And Jobs Act" Passes

We drafted a tax alert that addresses the impact of the much anticipated "Tax Cut and Jobs Act" (H.R. 1) on the energy industry. The complete text of the alert is available here. Below is a brief summary of H.R. 1. ...more

Orrick, Herrington & Sutcliffe LLP

A Summary Of The Tax Cut And Jobs Act

On November 2nd, the House Ways and Means Committee released the much anticipated "Tax Cut and Jobs Act" (H.R. 1). If passed, this initial pass at widespread tax reform would trigger the most sweeping changes to the U.S. tax...more

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