On July 17, 2023, the Organization for Economic Cooperation and Development (the “OECD”) released favorable guidance on transferable tax credits under Pillar Two.

Posted in Blog article Renewable energy

The Inflation Reduction Act’s enhancements to carbon capture and sequestration tax credit and new tax credits for biogas investment and clean hydrogen production is creating novel opportunities for developers.

Posted in Blog article Renewable energy

Among the Inflation Reduction Act’s package of credits and incentives for renewable fuel production is a new set of tax credits for sustainable aviation fuel (“SAF”).

Posted in Blog article Renewable energy

Calculation Conventions Result in Higher PTC Rate for Old Projects than New Projects After 2023 Inflation Adjustment

Posted in Renewable energy Blog article

A US Court of Federal Claims decision on June 20 that suggested the purchase price paid for a power project should be allocated partly to any tax credits or other government subsidies for which it qualifies

Posted in Blog article Renewable energy

As sponsors and investors begin to plan projects and investments to take advantage of the Inflation Reduction Act’s ("IRA”) low-income community bonus tax credits (the “LIC Bonus Credit”)

Posted in Blog article Renewable energy

The US Treasury issued proposed regulations addressing the rules for the transfer (sale) of energy tax credits under section 6418 as added by the Inflation Reduction Act of 2022.

Posted in Blog article Renewable energy

One of the many aims of the Inflation Reduction Act of 2022 (IRA) is to bring reliable and affordable renewable energy sources to rural America. The U.S. Department of Agriculture (USDA) recently announced its

Posted in Blog article Renewable energy

A colleague, who is not a tax lawyer, asked for a cheat sheet with key facts about the production tax credit (PTC) and the investment tax credit (ITC) after the Inflation Reduction Act of 2022 (IRA).

Posted in Blog article Renewable energy

The American Bar Association 2023 May Tax Meeting was held in Washington, DC, over a three-day period.

Posted in Blog article Renewable energy