In May and June 2023, Latin American countries embarked on a variety of projects to advance the renewable energy movement. Whether it is new agreements to promote international cooperation for
Continue Reading Latin America Energy Updates: May–June 2023Energy Transaction
IRS Releases Guidance on Elective Payments and Transferability of Certain Tax Credits
On June 14, 2023, the IRS released proposed regulations and additional guidance describing rules for applicable taxpayers to benefit from investments in renewable energy projects through a direct payment of…
Continue Reading IRS Releases Guidance on Elective Payments and Transferability of Certain Tax CreditsIRS Provides Additional Guidance for Advanced Energy Projects Under Section 48C of the Code
On May 31, 2023, the IRS released Notice 2023-44, which provides additional guidance for applicants seeking allocations of the Qualifying Advanced Energy Project Credit under Section 48C of the…
Continue Reading IRS Provides Additional Guidance for Advanced Energy Projects Under Section 48C of the CodeIRS Issues Guidance for Developers, Investors Seeking to Qualify for Energy Community Bonus Credits Under Inflation Reduction Act
On April 4, the Internal Revenue Service issued Notice 2023-29 (the Notice), which describes certain rules the IRS intends to include in proposed regulations for qualifying for the energy community…
Continue Reading IRS Issues Guidance for Developers, Investors Seeking to Qualify for Energy Community Bonus Credits Under Inflation Reduction ActTreasury Announces Initial Guidance on the Inflation Reduction Act’s Labor Requirements for Renewable Energy Tax Credits and Incentives
The U.S. Department of the Treasury announced initial wage and apprenticeship guidance under the Inflation Reduction Act of 2022 (IRA) that applies to taxpayers in order to increase available credit…
Continue Reading Treasury Announces Initial Guidance on the Inflation Reduction Act’s Labor Requirements for Renewable Energy Tax Credits and IncentivesNov. 9 WEBINAR | Crypto + Power: Risks & Revenue Structures
Please join Energy & Natural Resources Shareholder April Kim, who will moderate an Infocast webinar titled “Crypto + Power: Risks & Revenue Structures” on Nov. 9, 2022 at 10…
Continue Reading Nov. 9 WEBINAR | Crypto + Power: Risks & Revenue StructuresGreenberg Traurig Represents Clēnera on Construction and Tax Equity Financing for the 105 MW DC Apex Solar Project
Global law firm Greenberg Traurig, LLP helped client Clēnera to close on construction and tax equity financing for the 105 MW DC Apex Solar project located in Beaverhead County, Montana.
Continue Reading Greenberg Traurig Represents Clēnera on Construction and Tax Equity Financing for the 105 MW DC Apex Solar ProjectCommerce Issues Final Rule on AD/CVD Grace Period
The Department of Commerce (DOC) has issued the final rule implementing the two-year moratorium on anti-dumping or countervailing duties (AD/CVD) for solar panels and cells from Cambodia, Malaysia, Thailand, and…
Continue Reading Commerce Issues Final Rule on AD/CVD Grace PeriodCommerce Department Delays Auxin Preliminary Determination on Solar Trade Imports
The Department of Commerce announced Aug. 23 it is delaying the issuance of the preliminary determination in the Auxin circumvention investigation until Nov. 28, 2022. The date had been set…
Continue Reading Commerce Department Delays Auxin Preliminary Determination on Solar Trade Imports
How the Inflation Reduction Act May Impact the Renewable Energy Industry
This GT Alert outlines how the Inflation Reduction Act, which the House passed Aug. 12 and now heads to the president’s desk, would apply to the renewable energy industry.
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Continue Reading How the Inflation Reduction Act May Impact the Renewable Energy Industry