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Tax Credits Solar Panels

Paul Hastings LLP

IRS and Treasury Tighten Beginning-of-Construction Rules for Wind and Solar

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On Aug. 15, the U.S. Treasury Department and the Internal Revenue Service (IRS) released IRS Notice 2025-42, narrowing the rules for what qualifies as “beginning of construction” (BOC) under the One Big Beautiful Bill Act...more

Allen Matkins

Renewable Energy Update 10.17.24

Allen Matkins on

The Federal Energy Regulatory Commission (FERC) has approved a proposal from the California Independent System Operator (CAISO) to reform its generator interconnection process, including a provision that critics say gives...more

Akin Gump Strauss Hauer & Feld LLP

This Week's Climate Policy Update - September 30 - October 4, 2024

Good morning! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Nutter McClennen & Fish LLP

Nutter Bank Report: August 2024

CFPB Issues Filing Instructions Guide for Small Business Lending Data - The CFPB has published instructions for banks and other covered financial institutions to submit small business lending data that is required to be...more

Ballard Spahr LLP

Regulators Focus on Solar Lending Industry

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On August 7, 2024, the CFPB published an Issue Spotlight on the solar lending industry. In conjunction with the CFPB’s Issue Spotlight, the CFPB, U.S. Department of Treasury, and the Federal Trade Commission also issued a...more

Allen Matkins

Renewable Energy Update 8.18.23

Allen Matkins on

The U.S. Department of Defense (DoD) has approved Floventis Energy for the development and operation of CADEMO, the first floating offshore wind farm with 60 MW of capacity, to be located off the California coast near the...more

Adams & Reese

North Carolina Offices Clarify Licensing, Permitting Guidelines for Solar Panel Installations

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North Carolina Surges to Fourth in Nation for Solar Energy - A July 2023 Forbes article reports that North Carolina ranks fourth in the nation for solar energy generation, according to the United States Energy Information...more

Allen Matkins

Renewable Energy Update - 1.05.23 #1

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The Inflation Reduction Act’s incentives for energy storage projects in the U.S. came into effect on January 1, 2023. Standout among those measures is the availability of an investment tax credit (ITC) for investment in...more

Eversheds Sutherland (US) LLP

Green Tax, Volume 2

Welcome to Green Tax, Vol. 2. Each quarter we will provide a recap of some of the important energy tax issues of the last quarter, including court rulings, IRS rulings and guidance, legislative activity, and more. ...more

McDermott Will & Schulte

Key Takeaways | Commercial, Legal and Policy Responses to Commerce’s Anticircumvention Investigation

The US Department of Commerce (Commerce) recently initiated a circumvention investigation against solar cell and module imports from Cambodia, Malaysia, Thailand and Vietnam. This decision has the potential to profoundly...more

McDermott Will & Schulte

Key Takeaways | How Solar Industry Leaders are Addressing and Overcoming the US–China Trade War

The US-China trade war has caused a significant impact on the solar industry, and that impact is expected to grow. In this webinar, learn how solar industry leaders are handling the effects of the US–China trade war and how...more

Vinson & Elkins LLP

Treasury Extends Tax Credit Safe Harbors For Wind And Solar Projects

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IRS releases COVID-19 related relief for renewable energy facilities currently under construction As promised on May 7, 2020, the Treasury Department and the IRS have released Notice 2020-41, which makes two key changes to...more

Gray Reed

Was the 86th Texas Legislature Good to the Oil Business?

Gray Reed on

The answer depends on what part of “the oil business” you care about. The 86th Legislature produced a few, but not many, changes in laws affecting the business, (most going into effect on September 1). ...more

Mayer Brown

Hawaii: Solar System is Not Placed in Service Until All State Law Requirements Have Been Satisfied

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In September, the State of Hawaii Department of Taxation issued a letter ruling (Hawaii Letter Ruling No. 2018-01) that clarified the “placed in service” requirement in the application of the Renewable Energy Technologies...more

Holland & Knight LLP

IRS Sheds New Light on Solar Tax Credits, Leaves Energy Storage in the Dark

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The Internal Revenue Service (IRS) issued recent guidance regarding construction of commercial solar energy properties and other qualified energy properties for purposes of claiming the Investment Tax Credit (ITC), the key...more

Akin Gump Strauss Hauer & Feld LLP

What's New In Washington - March 2018

Washington saw a flurry of bipartisan activity over the last few weeks. Most notably, Republican and Democratic negotiators reached a long-awaited deal on sequestration budget caps. The compromise, announced on February 7 as...more

Allen Matkins

Renewable Energy Update - January 2017 #4

Allen Matkins on

Renewable Energy Focus - Treasury nominee backs existing phaseout of the wind energy tax credit - Greentech Media - Jan 24 - Amid the flurry of news leading up to the inauguration of President Trump,...more

Allen Matkins

Renewable Energy Update - July 2016

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Renewable Energy Focus - Senator Heinrich to introduce energy storage tax credit bill - Greentech Media - Jul 5 - There will soon be an energy storage tax credit proposal in both the House and Senate. Senator...more

Foley & Lardner LLP

IRS Releases Favorable Guidance for Individual Investors in Community Solar to Claim Section 25D Tax Credit

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The IRS recently issued a Private Letter Ruling (PLR) clarifying that an individual investor in a net-metered community solar project may claim the federal residential Investment Tax Credit (ITC) under Section 25D of the...more

Foley & Lardner LLP

Arizona Rooftop Solar Regulations Highlight Distributed Generation Debate

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Sunny Arizona is again in the middle of a nationwide debate between solar companies and utilities. Legislation adopted in March 2015, and which goes into effect on January 1, 2016, mandate certain disclosures and formats for...more

Perkins Coie

New IRS Guidance May Promote Community Residential Solar Developments

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On September 4, 2015, the Internal Revenue Service released a private letter ruling that could have meaningful impacts on the funding and development of certain residential solar developments, specifically community solar...more

Stoel Rives LLP

IRS Opens Door for Community Solar Investors to Qualify for Federal Tax Credits

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The Internal Revenue Service issued a private letter ruling this week to an individual owner of solar panels installed in an off-site net-metered community solar garden. In the Ruling, the Service confirmed the individual’s...more

Ballard Spahr LLP

New York, Connecticut Establish Community-Based Renewable Energy Programs

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New York and Connecticut recently joined at least 13 other states, including Hawai’i and Maryland, in establishing measures that could significantly expand access to renewable energy generation in those states through...more

Allen Matkins

Renewable Energy Update -- August 30, 2013

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Renewable Energy Focus - FERC Chair Jon Wellinghoff: solar 'is going to overtake everything' -- Green Tech Solar News - Aug 22: If anybody doubts that federal energy regulators are aware of the rapidly changing...more

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