South Korea launched the 2025 1st ESS Central Contract Market auction, offering 540 MW of capacity for energy storage projects across the mainland and Jeju.
Continue Reading Powering the Grid: South Korea’s 2025 ESS Auction
House Proposes Cutbacks to Clean Energy Tax Credits
On May 14, 2025, the House Ways and Means Committee approved its markup of H.Con.Res.14, 119th Cong., 2025 (House Bill), which includes proposed changes that would modify substantially the clean energy tax incentives expanded by the IRA.
Continue Reading House Proposes Cutbacks to Clean Energy Tax Credits
5 Trends to Watch: 2025 Energy in Asia
This blog post discusses Asia’s offshore wind, BESS, and the growth of green data centers while facing COVID-19 impacts and regulatory changes. It also discusses Vietnam progressing in energy reforms to attract international investment.
Continue Reading 5 Trends to Watch: 2025 Energy in Asia
Treasury Issues Final Guidance on Clean Hydrogen Production Tax Credit
The U.S. Treasury Department has issued final regulations for clean hydrogen production tax credits, which may significantly impact the renewable energy sector. These regulations implement the Section 45V clean hydrogen
Continue Reading Treasury Issues Final Guidance on Clean Hydrogen Production Tax Credit
New York to Miss 2030 Renewable Energy Target Despite Making Substantial Progress Following Adoption of Its Climate Law
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
Aug. 6 WEBINAR | Renewables and IRA Mid-Year Check – Tax Credit Transfers, Tax Equity, M&A and Finance Markets
Jeffrey Chester, global co-chair of Greenberg Traurig’s Energy Project Finance & Development Practice, is co-hosting a webinar with Marathon Capital and Crux Aug. 6, 2024, at 1 p.m.
Continue Reading Aug. 6 WEBINAR | Renewables and IRA Mid-Year Check – Tax Credit Transfers, Tax Equity, M&A and Finance Markets
Delays in Renewable Energy Siting in New York: A Closer Look at State Audit Findings
On April 24, 2024, New York State Comptroller Thomas DiNapoli released an audit report on the Office of Renewable Energy Siting (ORES), which was established under the Climate Leadership and
Continue Reading Delays in Renewable Energy Siting in New York: A Closer Look at State Audit Findings
IRS Adds 446 Potential Energy Communities; Eases Energy Community Rules for Offshore Wind
The Internal Revenue Service (IRS) recently issued Notice 2024-30, which modifies guidance previously issued relating to the energy community “adder” for the investment tax credit and the production tax
Continue Reading IRS Adds 446 Potential Energy Communities; Eases Energy Community Rules for Offshore Wind
Clean Hydrogen Tax Credits: IRS Releases Proposed Treasury Regulations
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
New York City Planning Commission Approves Zoning Changes Supporting City’s Climate Goals
On Sept. 11, 2023, the City Planning Commission approved amendments to the New York City Zoning Resolution, called “City of Yes for Carbon Neutrality,” proposed by Mayor Adams’ administration to
Continue Reading New York City Planning Commission Approves Zoning Changes Supporting City’s Climate Goals