PTC

The power industry was once considered slow-moving and perhaps even boring. That is no longer the case as technology has expanded and power demand projections skyrocket. New reports released by analysts at

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The Department of the Treasury has released proposed regulations and guidance defining a tax credit for the production of “clean hydrogen,” a significant supply-side incentive that is part of the Biden administration’s larger climate-driven policy framework. But though long-awaited, the measure has stirred up strong disappointment from the power industry. If finalized, the Treasury Department’s […]

Hydrogen is a key ingredient in any country’s future energy plans. In the U.S. the hydrogen sector is on the launch pad, ready for liftoff. However, its trajectory hinges on a critical question: what criteria will be used to define “clean hydrogen”? “Clean” is not synonymous with “green” when talking about hydrogen, although the terms […]

Power projects are filled with risk. One of the biggest risks today for clean energy developers involves interconnection constraints. And according to Sarp Ozkan, vice president of Commercial Product at

For the growing U.S. hydrogen industry, the Inflation Reduction Act (IRA) is transformative. Today, nearly all hydrogen is produced from fossil fuels to be used as a chemical feedstock and for refining—emitting carbon dioxide in the process. Recently, thanks to state incentive programs, federal funds, and voluntary corporate commitments, clean hydrogen has been gaining ground […]

Congress agreed on legislation that would extend the investment tax credit (ITC) for solar projects for two years and the production tax credit (PTC) for wind projects for one year. The full legislative package combines a $900 billion COVID-19 relief package and an omnibus spending bill for 2021 with tax extenders and energy policy changes. […]

The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year.  In its May 27–issued Notice 2020-41, the IRS essentially modified prior […]

Every company invested in our nation’s clean energy transition is aware that 2019 is the last year that solar energy can take advantage of the 30% Investment Tax Credit (ITC) under Internal Revenue Code

Partial wind project repowering enables owners to generate more energy from their sites, extend the life and improve the availability of their projects, and take advantage of extended renewable energy