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
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
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
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
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 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
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 2023
Greenberg Traurig and Marathon Capital invite you to join us for an insightful mid-year discussion on the state of the renewable energy market, trends and what to expect for the
Continue Reading June 29 Webinar | Renewables Mid-Year Check: M&A, Tax Equity and Finance Markets
The energy community has eagerly anticipated the release of guidance related to new Code Sections 6417 and 6418 covering direct pay and transferability of renewable and alternative energy tax credits.
Continue Reading June 21 WEBINAR | Clean Energy Tax Credits: Direct Pay and Transferability – New Guidance Explained
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 Credits