On May 6, 2022, the U.S. Department of Energy (“DOE”) issued a Notice of Intent and Request for Information (“Notice”) regarding establishment of a Transmission Facilitation Program (“TFP”) to support the construction of electric power transmission lines and related facilities.
Renewable Energy Outlook
Renewable Energy Outlook, published by Foley & Lardner LLP, focuses on legal and regulatory developments affecting the renewable energy sector. The blog covers topics such as tax credits and incentives under the Inflation Reduction Act, energy community designations, construction lending and financing for renewable projects, risk mitigation in construction loan agreements, and utility procurement policies for energy storage. It also addresses supply chain and onshoring trends in clean energy manufacturing, regulatory compliance, and market dynamics impacting renewable energy project development and investment. The content is aimed at legal professionals, developers, investors, and stakeholders involved in renewable energy transactions and policy.
Latest from Renewable Energy Outlook - Page 4
Recent Memorandum from Commerce regarding Solar Circumvention Investigation
On May 2, 2022, the U.S. Department of Commerce (“Commerce”) released a memorandum to “All Interested Parties” that clarifies the scope of the investigation into the alleged circumvention of tariffs on certain solar cells and solar modules imported into the…
DOE Announces Over $3 Billion in Funding Opportunities to Support U.S. Battery Supply Chain Buildout
On May 2, 2022, The U.S. Department of Energy (“DOE) issued through its Office of Manufacturing and Energy Supply Chains (“MESC”) and Office of Energy Efficiency and Renewable Energy (“EERE”) Funding Opportunity Announcement (“FOA”) No. DE-FOA-0002678 directing $3.1 billion from…
FERC Proposes New Transmission Planning and Cost Allocation Reform and PJM Announces Interconnection Revamp
On April 21, 2022, the Federal Energy Regulatory Commission (“FERC”) approved a draft proposed rule (the “Proposed Rule”) regarding transmission planning and transmission cost allocation. According to a FERC news release issued that day, “[t]he proposed rule addresses the need…
ABA 51st Conference on Environmental Law – ESG For Gen Z Panel
Foley Associate Hillary Vedvig recently presented at the American Bar Association’s 51st Annual Conference on Environmental Law in San Francisco, California. The Conference focused on the future of environmental law and how emerging topics and trends are fundamentally changing environmental…
Wisconsin Adds EV Charging Infrastructure, Microgrids and Resiliency Improvements to PACE
The State of Wisconsin adopted a suite of amendments to its PACE statute (Wis. Stat. § 66.0627(8)) on March 14, 2022 through 2021 Wisconsin Act 175 (the “Act”).1 The Act was the only major clean energy bill that passed during…
“PowerOn!” – Women in Energy Network’s 2022 Annual Conference
Foley was a Silver Power Sponsor of the WEN 2022 Conference, which was held in person in Fort Worth from April 3-5, 2022. A number of Foley team members attended the conference along with over 500 attendees from various…
2022 Infocast Solar + Wind Finance & Power Investment Summit
By David Markey
A large number of key players in the renewable energy industry, including investors, developers and banks converged in Scottsdale Arizona on March 7-March 9 for the Annual Infocast Solar + Wind Finance & Investment Summit. This was the first…
Commerce to Investigate Alleged Solar Circumvention
On March 28, 2022, the U.S. Department of Commerce announced it would launch an investigation into alleged circumvention of duties for solar panels imported into the United States from Malaysia, Thailand, Vietnam, and Cambodia. Commerce based its decision on a…
Securities and Exchange Commission or Securities and Environment Commission? The SEC Proposes New Rules for Climate-Related Disclosures
On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) released a comprehensive set of proposed rules mandating climate-related risk disclosures for public companies (Proposed Rule).1 For some the release marks “an important and long-awaited step forward”2 and a…