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IRS clarifies "binding written contract" definition in renewable energy tax credit begun construction guidance

Sutherland Asbill & Brennan LLP
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USA
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April 29 2013

On April 25, 2013, the Internal Revenue Service updated guidance issued on April 15, 2013, that explained how to satisfy the new "begun construction"

Have you "begun construction"? IRS issues guidance for renewable energy tax credits

Sutherland Asbill & Brennan LLP
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USA
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April 16 2013

On April 15, 2013, the Internal Revenue Service (IRS) issued much-anticipated guidance that will help developers of wind, solar, biomass and certain

Fiscal cliff bill provides boost to renewable and alternative energy tax credits and incentives

Sutherland Asbill & Brennan LLP
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USA
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January 3 2013

The American Taxpayer Relief Act of 2012 (H.R. 8) (ATRA) was signed into law on January 2, 2013, to avert the so-called fiscal cliff. ATRA includes

Section 1603 renewable energy Treasury grant program update: IRS and OIG audits and sequestration haircuts

Sutherland Asbill & Brennan LLP
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USA
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October 17 2012

Two recent developments may impact Section 1603 renewable energy Treasury grant program awards: (1) audits of grant recipients by the Internal Revenue Service (IRS) and Department of the Treasury’s Office of Inspector General (OIG); and (2) a possible 7.6 sequestration haircut on grant awards made after the end of this year

BOEMRE approves Construction and Operations Plan for Cape Wind project

Sutherland Asbill & Brennan LLP
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USA
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April 19 2011

The U.S. Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has approved a Construction and Operations Plan (COP) for the Cape Wind Energy Project planned for offshore Massachusetts

Boemre seeking commercial interest in leases for OCS wind projects offshore New Jersey

Sutherland Asbill & Brennan LLP
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USA
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April 19 2011

The U.S. Bureau of Energy Management, Regulation, and Enforcement (BOEMRE) has issued a Call for Information and Nominations soliciting expressions of commercial interest in tracts of federal OCS lands comprising 418 square nautical miles offshore New Jersey for wind project development. The formal announcement will likely be published in tomorrow's Federal Register

Maryland legislature kills bill to encourage offshore wind projects

Sutherland Asbill & Brennan LLP
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USA
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April 8 2011

Yesterday the Maryland Senate Finance Committee failed to advance legislation designed to encourage Maryland’s offshore wind industry, effectively ending its chances for approval before the end of the session

DOI begins "smart from the start" permitting process for project offshore Delaware

Sutherland Asbill & Brennan LLP
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USA
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March 25 2011

After determining that there was no competitive interest from other wind project developers for a site offshore Delaware, the U.S. Department of the Interior (DOI) announced yesterday that it has commenced its first "Smart from the Start" permitting process for the NRG Bluewater Wind project planned for offshore Delaware

BOEMRE withdraws direct final rule, will issue proposed rule to streamline offshore renewables permitting

Sutherland Asbill & Brennan LLP
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USA
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February 15 2011

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) plans to issue a proposed rule tomorrow that would remove a duplicative step in the noncompetitive leasing process for renewable energy projects on the OCS

Maryland governor to press for long-term power purchase agreements for offshore wind energy

Sutherland Asbill & Brennan LLP
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USA
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February 9 2011

In his State of the State address given last Thursday, Gov. Martin O'Malley (D-Md.) told lawmakers that his planned offshore wind energy legislation, which has not been made public yet, will require Maryland utilities to enter into long-term power purchase agreements of 20 years or more with offshore wind power producers

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