The Biden administration earlier this year released a summary of its plans to invest in infrastructure, which included “direct-pay” options for the investment tax credit (ITC) and production tax credit (PTC) for clean energy generation and storage, as well as
Renewable Energy Insights
Analysis of recent news and developments affecting the renewable energy industry
Renewable Energy Insights, published by Troutman Pepper Locke, focuses on legal and regulatory developments affecting the renewable energy sector. The blog covers topics such as tax incentives including the Investment Tax Credit (ITC) and Production Tax Credit (PTC), legislative impacts of the Inflation Reduction Act and related energy policies, carbon capture credits under Section 45Q, and advanced manufacturing credits. It also addresses project finance trends, energy storage technologies, domestic content requirements, and compliance with prevailing wage and apprenticeship rules. The blog provides analysis relevant to project developers, investors, and legal practitioners involved in renewable energy projects and policy implementation.
Latest from Renewable Energy Insights - Page 2
President Biden Suspends Bulk Power System Executive Order; Directs Agencies to Address Public Health- and Climate-Related Rules
On January 20, 2021, President Joseph Biden issued Executive Order No. 13990 (“Executive Order”), which, among other things, suspended Executive Order 13920, “Securing the United States Bulk-Power System” (“Executive Order 13920”) until April 20, 2021 and directed all executive departments…
Troutman Sanders Partner Featured in Power Finance & Risk’s Energy Storage Roundtable 2020
Power Finance & Risk recently brought together John Leonti, Krish Koomar, Javier Cavada Camino, Mike Lorusso, Claus Hertel and Santosh Raikar for a virtual discussion on one of the hottest topics in energy infrastructure today – storage.
Read the article
Treasury and IRS Issue Long-Awaited Proposed Regulations for Section 45Q Production Tax Credits for Qualified Carbon Sequestration
On May 28, 2020, Treasury and the IRS issued Proposed Regulations under Section 45Q of the Code, which provides for a production tax credit for persons who physically or contractually ensure the capture and disposal of qualified carbon oxide. The…
IRS Extends Continuity Safe Harbor and Provides Safe Harbor Delivery Deadline for Renewable Energy Projects
On May 27, 2020, the IRS issued Notice 2020-41, which provides much-anticipated relief for delays caused by the COVID-19 pandemic with respect to the “beginning of construction” requirements for renewable energy projects eligible for the production tax credit (“PTC”)…
Build Transfer Agreements for Renewable Energy Projects Webinar
On Thursday, May 21, attorneys from our Capital Projects & Infrastructure and Energy practices hosted a webinar on the topic of build transfer agreements. During the hour-long discussion John Leonti, Justin Boose, Todd Coles and Vaughn Morrison discussed topics,…
MAE Clauses – Troutman Sanders and Pepper Hamilton COVID-19 Litigation Podcast Series
Speakers:
Matthew H. Adler, Partner, Pepper Hamilton
Coburn R. Beck, Partner, Troutman Sanders
John T. Bradley, Partner, Troutman Sanders
Joanna J. Cline, Partner, Pepper Hamilton
Sean Ehni, Associate, Troutman Sanders
Troutman Sanders and Pepper Hamilton are…
Executive Summary of Executive Order 13920 — Securing the U.S. Bulk-Power System
On May 1, 2020, President Trump issued Executive Order No. 13920 (“Executive Order”) prohibiting Federal agencies and U.S. persons from engaging in certain “transactions” defined thereunder—specifically, acquiring, importing, transferring, or installing certain items defined in the Executive Order as “bulk-power…
FERC Grants Limited Rehearing and Provides Limited Clarification on PJM’s Minimum Offer Price Rule
On April 16, the Federal Energy Regulatory Commission (FERC) issued two orders in proceedings related to PJM Interconnection, L.L.C.’s (PJM) Minimum Offer Price Rule (MOPR). First, FERC denied requests for rehearing and granted limited clarification with respect to its June…
Bankruptcy Asset Sales: A Primer
Authors:
Hugh M. McDonald, Partner, Troutman Sanders
Deborah Kovsky-Apap, Partner, Pepper Hamilton
Andrew L. Buck, Associate, Troutman Sanders
Chapter 11 bankruptcy filings are up 12% year-over-year from 2019, largely due to the COVID-19 crisis. Many companies are filing expressly in…