On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for applicable taxpayers to benefit from clean energy projects through electing to receive direct
Continue Reading Proposed Regulations under Section 6417 Direct Pay for Clean Energy Tax Credits
A Texas state district court in Hale County, Texas recently issued a verdict under Texas state law and determined that wind rights are a severable property interest in the surface
Continue Reading The Severability of Wind Rights from a Surface Estate
Greenberg Traurig Shareholder Thomas R. Brill will present at the California Hydrogen Leadership Summit, hosted by the California Hydrogen Business Council. Tom will speak on the topic of “Hydrogen
Continue Reading June 20 Event | California Hydrogen Leadership Summit
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 Code
The Internal Revenue Service issued proposed regulations on May 31, 2023, for the Low-Income Communities Bonus Credit Program under Section 48(e) of the Internal Revenue Code. The proposed regulations provide
Continue Reading IRS Issues Proposed Regulations for Energy Projects Located in Low-Income Communities
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 Act
The Internal Revenue Service issued Notice 2023-17 providing guidance on the Low-Income Communities Bonus Credit Program established under Internal Revenue Code Section 48(e) including environmental justice solar and wind capacity
Continue Reading IRS Releases Guidance on the Low-Income Communities Bonus Credit Program for Solar and Wind Facilities
The Internal Revenue Service issued Notice 2023-18 establishing a program to allocate $10 billion of credits for qualified investments in eligible qualifying advanced energy projects under Internal Revenue Code Section
Continue Reading IRS Establishes a Program to Allocate Credits to Qualifying Advanced Energy Projects
On June 30, 2022, the U.S. Supreme Court issued its long-awaited decision in West Virginia, et al. v. Environmental Protection Agency.
Continue Reading West Virginia, et al. v EPA – What It Is and What It Means for Continued Coal-Based Electrical Generation in the U.S.
