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IRS paves the road for a windy 2016

USA - April 9 2015 In March, the IRS published Notice 2015-25. The rules in the notice will facilitate wind projects raising financing and give projects that had…

Split decision on Ormat’s motion to dismiss ex-employees’ claims of cash grant fraud

USA - March 27 2015 The opinion, available here, of March 24 from the U.S. District Court for Nevada granted in part and denied in part Ormat's motion to dismiss an…

IRS publishes favorable guidance on PTC “start of construction” rules

USA - March 11 2015 Today, the IRS published Notice 2015-25 that provides guidance the wind power industry has been waiting for since the extension of the production tax…

Sound bites from Infocast Wind Finance 2015

USA - February 17 2015 The Infocast Wind Power Finance & Investment Summit 2015 was held from February 10 to 12 in San Diego. Below are selected sound bites regarding the…

Ormat defends 1603 Cash Grant Awards in suit by ex-employees

USA - February 11 2015 Ormat is a successful developer of geothermal energy projects. Two former employees have brought a lawsuit alleging that Ormat made inaccurate 1603…