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
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Notice 2021-41: Further Extension of the Continuity Safe Harbor for Renewable Energy Projects
On June 29, 2021, the Internal Revenue Service (IRS) released Notice 2021-41 (the “Notice”) granting additional relief for certain renewable energy projects planning to claim the U.S. federal production tax…
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Tax Credits for Wind and Solar Facilities Under the Republican Tax Plan
On Thursday, Nov. 2, 2017, the House Republicans unveiled their long-awaited tax plan, which was introduced as a Bill (H.R. 1) entitled the “Tax Cuts and Jobs Act”…
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Governors Group Makes Recommendations To Administration for Bolstering U.S. Wind Industry Development
The Governors’ Wind Energy Coalition submitted a letter to President Obama which sets forth a number of recommendations to further develop the wind industry in the United States, including the extension of the investment tax credit and the production tax credit.
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