News & Analysis as of

Supply Chain Energy Sector Tax Credits

ArentFox Schiff

A Hard Day’s Night for Renewable Energy Incentives

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On July 4, President Donald Trump signed into law P.L. 119-21, the “One Big Beautiful Bill Act” (OBBBA), which, among other notable changes to the US tax system, rolls back several renewable energy incentives enacted under...more

Husch Blackwell LLP

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

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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

McDermott Will & Schulte

Key Takeaways | Renewable Energy Developers’ Perspectives

On February 27, 2025, Partner Allison Perlman moderated a panel during Infocast’s ERCOT Market Summit 2025 that examined ongoing changes to the renewable energy development landscape within the Electric Reliability Council of...more

Foley & Lardner LLP

New President Offers Opportunities for Local and Foreign Investors

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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

ArentFox Schiff

IRA Developments to Watch in the EV and Battery Supply Chain for 2025

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The incoming Trump Administration’s approach to the Inflation Reduction Act (IRA) and tax policies is generating significant interest within the electric vehicle (EV) sector. Generally, reports indicate that some Republican...more

Dorsey & Whitney LLP

Energy Law: Month in Review - September 2024

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Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month. ...more

ASKramer Law

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

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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

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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

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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

Bradley Arant Boult Cummings LLP

Chambers Global Practice Guides: Alternative Energy and Power 2023

Inflation Reduction Act - Perhaps the most significant recent develop- ment in the area of alternative energy, the Infla- tion Reduction Act of 2022 (IRA) offers approxi- mately USD270 billion in tax incentives to help...more

Bracewell LLP

Treasury Department and IRS Release Guidance on the Advanced Energy Project Credit Allocation Program under Internal Revenue Code...

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On February 13, 2023, the Treasury Department and the Internal Revenue Service (the IRS) released Notice 2023-18 (the Notice), which established the program (the Allocation Program) to allocate $10 billion of advanced energy...more

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

Inflation Reduction Act of 2022: Energy/Climate Provisions

United States Senate negotiators reached an agreement on July 27th on the Inflation Reduction Act of 2022 (“IRA”). The 725-page bill would use fiscal year 2021 reconciliation instructions to raise revenue in order to fund...more

McDermott Will & Schulte

What the Inflation Reduction Act of 2022 Means for Renewable Energy Developers, Investors and Manufacturers

On July 27, 2022, Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced that they had reached an agreement on a proposed reconciliation package: the Inflation Reduction Act of 2022, HR 5376,...more

White & Case LLP

New US Climate Bill Seeks to Onshore Electric Vehicle Supply Chain

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On July 27, Senate Majority Leader Chuck Schumer (D-NY) unveiled a budget reconciliation bill entitled the Inflation Reduction Act of 2022 ("IRA"), which would implement core components of President Biden's agenda on...more

Bracewell LLP

COVID-19 Impact on US Renewable Energy Projects

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The COVID-19 pandemic is raising numerous concerns for renewable energy projects under development in the United States. First, will Congress address renewable energy industry concerns in the coming round of the COVID-19...more

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