According to a recent International Energy Agency report on geothermal energy, with continued technological advancements, geothermal energy could meet up to 15% of electricity demand growth by 2050.
Continue Reading Drilling Down on Clean Energy: Geothermal Power Unlocked?
Amid escalating tensions in the tech and trade war between the United States and China, the latter has announced a ban on the export of certain rare minerals to the
Continue Reading Capitalizing on Change: Emerging Opportunities for Latin America in the Rare Minerals Market
New York’s Climate law, the Climate Leadership & Community Protection Act (CLCPA), set a bold target to achieve 70% of its electric generation capacity from renewable sources by 2030. That
Continue Reading New York to Miss 2030 Renewable Energy Target Despite Making Substantial Progress Following Adoption of Its Climate Law
The Inflation Reduction Act, Pub. L. No. 117-169, 136 Stat. 1818 (Aug. 16, 2022), among other things creates tax incentives for clean energy development. The IRA enhances those tax credits
Continue Reading Environmental Law and the Brownfield ‘Energy Community’ Clean Energy Tax Credit Bonus Under the IRA
The Internal Revenue Service (IRS) opened the portal for taxpayers to register for elective payment (under Section 6417 of the Internal Revenue Code (Code)) or transfer (under Section 6418 of
Continue Reading Monetizing Clean Energy Credits: IRS Opens Registration Portal
The Internal Revenue Service (IRS) and U.S. Department of the Treasury (Treasury) issued proposed regulations, published in the Federal Register Dec. 26, 2023, applicable to clean hydrogen production facilities.
Continue Reading Clean Hydrogen Tax Credits: IRS Releases Proposed Treasury Regulations
On Aug. 30, 2023, the U.S. Department of the Treasury published proposed regulations (Proposed Rules) addressing the prevailing wage and apprenticeship requirements imposed by the Inflation Reduction Act
Continue Reading Proposed Treasury Rules on Prevailing Wage and Apprenticeship for Clean Energy Credits Incentivize Use of Project Labor Agreements
Greenberg Traurig’s Energy Project Finance & Development Practice is pleased to present the recording of the webinar, “Renewables Mid-Year Check: M&A, Tax Equity and Finance Markets.” For more details on
Continue Reading Webinar Recording | Renewables Mid-Year Check: M&A, Tax Equity and Finance Markets
Greenberg Traurig’s Energy Project Finance & Development Practice is pleased to present the recording of the webinar, “Clean Energy Tax Credits: Direct Pay and Transferability – New Guidance Explained.” For
Continue Reading Webinar Recording | Clean Energy Tax Credits: Direct Pay and Transferability – New Guidance Explained
On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for eligible taxpayers to benefit from clean energy projects through selling any of the
Continue Reading Proposed Regulations under Section 6418 Transferability of Clean Energy Tax Credits