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This is the second installment of soundbites from Infocast’s inaugural Solar + Wind Finance and Investment Summit.
The US Department of Commerce’s decision to investigate antidumping and duties on solar imports from Cambodia, Malaysia, Thailand and Vietnam has resulted in a slowdown in imports of panels to the US.
Jason Kaminsky, CEO of kWh Analytics, joins us to discuss the company’s $20M Series B fundraise and the emergence of climate insurance. We discuss what the fundraise means for the industry as a whole, why clima
The inaugural Solar + Wind Finance and Investment Summit was held in Scottsdale, AZ from March 6 to 9 and the conference was extremely well-attended.
Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, joins us to discuss what the potential anti-circumvention tariffs on cells and modules from Malaysia, Thailand, Vietnam and Cam
David Burton and Viktoria Vozarova analyze the US Court of Appeals for the Federal Circuit’s recent decision in Ampersand Chowchilla Biomass LLC v. US.
The Biden administration is looking for other ways to press banks to prepare for potential threats to the nation’s financial system from climate change.
Leading project finance market participants were split as the NewsWire went to press about the effect the Russian invasion of Ukraine will have on renewable energy and the broader project finance market.
The talk at the annual Infocast Projects & Money conference in New Orleans in late January was about the rapidly evolving US renewable energy market.
Renewable energy developers are showing more interest in the voluntary carbon offset market as a potential source of additional revenue for their projects.
Developers of renewable energy projects in the United States sometimes struggle to calculate how much tax equity can be raised to help pay the project cost.
A record number of banks and grey market lenders are chasing projects at the start of 2022, keeping downward pressure on interest rates despite rising inflation.
Roughly 20% of representations and warranties insurance policies issued between 2016 and 2018 had claims made on them within three years after the policy inception.
US Customs is starting to release some blocked Chinese solar panels.
Cryptocurrency miners are becoming a potentially lucrative outlet for some power suppliers
A utility structure for raising tax equity solves a so-called section 707(b) issue with some utility tax equity partnerships.
Law firms are fielding constant questions about the outlook for the “Build Back Better” bill, whether certain provisions risk being left behind and what is likely to happen with Customs seizures of some...
Lenders and equity investors in emerging market projects can make more sophisticated country risk analyses, insuring selected risks in a manner that increases the internal rates of return on projects.
Replacing LIBOR with SOFR will not trigger US tax consequences, as long as the change doesn’t cross one of four tripwires.
US import tariffs on solar cells and panels could remain a battleground into the summer.
Keith Martin, partner at Norton Rose Fulbright in Washington, joins us to discuss investment tax credits (ITCs) for energy storage and provide an update on the current tax equity market. We get into how current
Bill Nussey, founder and CEO of the Freeing Energy Project, joins us to discuss the shift to cleaner, cheaper energy. We discuss his new book, Freeing Energy, why he thinks local energy can be cheaper than elec
David Burton provides the answers to the questions submitted by audience members during the webinar.
The year ahead looks like another strong year for financings, but with uncertainty around supply chains, inflation, potential tax law changes and import tariffs. The yield on the 10-year Treasury bond is up sig
The Court of Federal Claims in its summary judgment opinion in the Desert Sunlight case clarified the application of the purchase price allocation rules to determine the investment tax credit (ITC).
Katie McClain, partner at Energize Ventures, joins us to discuss the company’s investment approach. We get into what it looks for in clean energy and climate tech companies, how its approach differs from other
The United States moved one step closer in December to requiring US companies to file reports with the US Treasury disclosing their beneficial owners.
An Iowa homeowners’ association is a water utility and must collect a utility excise tax on water service, the state tax department said.
Some solar output forecasts are too optimistic.
“Public utility property” questions continue to take up IRS time.
California clarified that partnership flip transactions do not trigger property tax reassessments for solar projects.
Tax basis allocation issues are getting more attention in court.
LIBOR would be replaced automatically with SOFR in some loans and other contracts under a bill that passed the US House of Representatives in early December by a 415-to-9 vote.
Investors have options for how to weather sovereign debt defaults that are expected in as many as 15 to 20 countries in the wake of the pandemic. The fact that China has become the world’s largest creditor ...
Battery purchase contracts take one of two general approaches. Once an approach is chosen, there are four key issues to be sure to address in the contract.
The infrastructure bill requires projects receiving federal funding to use iron, steel, manufactured products and construction materials made in the United States.
Developers are already circling money for hydrogen projects after a boost in funding in the infrastructure bill that President Biden signed in November. Such projects would get a further boost if the “Build ...
The US renewable energy market is entering a period of potentially rapid growth, but with a great deal of short-term uncertainty. A quick survey of how supply-chain difficulties, tax law uncertainty ...
Outsized profits from cryptocurrency mining are an enormous current opportunity for electric power suppliers. However, the length of time this opportunity will remain available is uncertain.
The lead finance people at three large offshore wind projects planned off the US Atlantic coast discuss the recently concluded financing for Vineyard Wind, the financing plans for the other two projects ...
Three main tax equity structures and two significant variations are in use currently in the US solar market. The structures raise different amounts of tax equity, allocate risk differently and impose ...
Power projects using best management practices to avoid incidental “takes” of migratory birds are “not an enforcement priority.” The Bureau of Ocean Energy Management will try to lease enough area off ...
Renewable natural gas projects are tapping into low-carbon fuel standard credits in California, and have the potential to do so in other states.
The infrastructure bill authorizes the US Department of Energy to lend up to $10 billion to help with construction of new high-voltage interstate transmission lines. DOE can also act as a catalyst for new ...
Maria Klutey, president of Activate Renewables, joins us to discuss how the company’s business model maximizes the value of renewable real estate holdings. We get into the history and background of Activate, it
Matt Harper, chief commercial officer at Invinity Energy Systems, joins us to explain vanadium flow batteries. We discuss the future of energy storage, how vanadium flow batteries differ from lithium-ion, what
Sheldon Kimber, CEO and co-founder of Intersect Power, joins us to discuss what he is seeing in the industry and talk about the company’s latest financing. We discuss Intersect’s interest in green hydrogen, how
Maryann Johnson, senior managing director of property and energy claims at Beecher Carlson, Brian DiLuigi, senior vice president of alternative energy, and Alex Nephew, risk management and insurance advisor wit
If the Democrats manage to end their in-fighting and pass the Build Back Better Act (BBB), it appears likely to include an option to elect cash in the form of a tax...
Jackson Moore, product director at DNV for renewable energy software, joins us to discuss DNV's solar energy validation work and to address questions about how and why solar assets may underperform. We discuss
Sam Porter and Mike Sloan, partners at Synergetic, join us to discuss green energy infrastructure. We go over Synergetic’s mission to deliver zero-carbon energy, the current infrastructure issues that it has id
The proxy revenue swap (PRS) is a
burgeoning financial product that supports
renewable energy projects that sell electrical
energy into the wholesale electricity markets.
Michael Edesess, managing partner, and Pascal Schoneburg, founder of M1K, join us to talk about sustainable finance. We discuss what sustainable finance is, the financial instruments included in it, whether sus
Democrats in Congress are looking to pass a USD 1 trn bipartisan infrastructure bill and an even larger spending plan through reconciliation, and both bills could have a significant impact on the US energy sect
Arunava Mitra, CFO of Mitsubishi Power Americas, and Nik Nunes, CEO of Industrial Development Funding (IDF), join us to discuss their collaboration to provide creative forms of financing for energy projects. We
Brett Phillips, vice president at Unico Solar, joins us to discuss the company and how it is developing projects in the C&I space. We get into the type of projects that
Rick Luebbe, CEO of Group14, joins us to discuss how the company brings new performance capabilities to lithium-silicon batteries. We get into how Group14’s technology works, what it means for the typical consu
This post follows-up on Sponsors may Claim a Bonus Depreciation from Buyouts of Tax Equity Investors.
Abby Watson, head of governmental affairs, North America at Siemens Gamesa, joins us to discuss the US offshore wind market. We discuss the trajectory of offshore wind on a global level, where it is headed in t
Romania replaced its 25% corporate income
tax with a 16% “flat” tax, effective on January 1.
Abby Hopper, president and CEO of the Solar Energy Industries
Association (SEIA), joins us to discuss current supply chain ethics
issues in the US solar industry. We discuss the current forced labor
A federal district court in Mexico blocked enforcement earlier this month of steps that the López Obrador government has taken to strengthen the national electric utility, the CFE ...
Jean-Louis Kindler, CEO of Ways2H, a company focused on turning the world’s waste into renewable hydrogen, joins us to discuss the company’s technology and the hydrogen market. We get into what is currently hap
Utilities are financing solar projects in the tax equity market in a manner that produces enhanced benefits.
Xinjiang issues are getting closer attention from counsel.
A hoped for easing of tariffs affecting the renewable energy sector once President Biden took office has not happened.
Four California CCAs that are planning to use a form of prepaid power contract may find the structure hard to implement.
CFIUS said in its latest annual report to Congress at the end of July that is now takes an average of 45 business days to review proposed acquisitions of US companies by foreign investors.
Most interconnection payments and government grants to investor-owned water and sewer utilities will no longer have to be reported by the utilities as income...
Projects on federal land are probably not be exempted from local property taxes, but it depends on the facts.
Stalled carbon capture projects started advancing again after an IRS revenue ruling on July 1.
As the United States debates whether to impose a carbon border adjustment, it might be instructive to understand how Europe is proposing to do it.
A summer survey of current issues in the market, including how companies are handling forced-labor issues in Xinjiang, inflation, tax equity scarcity, equity returns, carbon capture projects ...
Trading started this month in futures contracts that deliver nature-based reductions in carbon emissions.
Investors are finding value in owning sites through “landcos” and leasing the sites to developers. Developers are also using the structure on their own.
A wave of deals has closed recently where universities turn over campus utility systems to private companies. The private companies make substantial upfront payments in exchange for fees ...
The last decade was hotter than any decade in 125,000 years. Atmospheric carbon dioxide is now at a two-million-year peak. These are a few of the key takeaways from the latest comprehensive UN climate update.
Are the goals the US has set to have a carbon-pollution-free power sector by 2035 and a net-zero-emissions economy by 2050 realistic? What type of efforts do they imply?
Banks put battery deals coming to market into two main buckets. The pricing and debt-service-coverage ratios are starting to diverge based on the type of storage project.
The government machinery needed to address transmission is starting to turn. The Federal Energy Regulatory Commission is addressing transmission reform for the first time in roughly a decade ...
FERC is addressing transmission reform for the first time in roughly a decade, and Congress is helping to relieve legal congestion.
Mark McGrail, vice president of the commercial office at Enel Green Power North America, joins us to discuss green power aggregation. We get into the options available to corporations that want to buy renewable
Nick Knapp, senior managing director, and Mike Yurkerwich, director with CohnReznick Capital, join us to talk about what sponsors need to know to finance carbon capture and sequestration (CCS) projects. We disc
Due to the increased investor appetite for digital infrastructure and growing governmental focus on improving connectivity, digital assets like data centers are crucial in supporting the growth of smart and...
Bret Kugelmass, managing director of the Energy Impact Center, joins us to talk about why nuclear is his chosen technology to reach our carbon goals. We get into what small modular reactors (SMRs) are and how t
David Burton discusses the partial relief provided by the IRS extension for renewable energy projects.
Damian Georgino, with Norton Rose Fulbright, joins us to discuss investing in water infrastructure. We start with how he got into the water space, what the market looks like today, the diligence questions that
The IRS said this afternoon that developers will have an extra one to two years to finish construction of new wind, solar and other renewable energy projects and qualify for federal tax credits.
James Wright, managing director and head of U.S. project finance and infrastructure with CIBC Capital Markets, joins us to discuss batteries and energy storage. We get into why it has taken so long for batt
Kimberlee Centera, CEO of TerraPro Solutions, joins us to discuss the critical aspects of utility-scale transmission development. We discuss key issues and challenges for transmission line development, land use
Corporate shareholders must pay an additional 3.8% tax on dividends, the IRS said in an internal memo made public in May.
The Trump bulk-power system order that barred the purchase or use of any Chinese or other “foreign adversary” equipment that might be used to harm the US power grid has expired.
Utility contributions to a state fund to cover damages after a weather event create an intangible property right.
Opportunity zones are not attracting much investment in power projects.
Partnerships that own renewable energy projects should be able to sell electricity to one of the partners without causing loss of valuable tax depreciation, the us chamber of commerce said.
Hydrogen tax credits are starting to take shape in Congress.
Pressure is mounting to take action on solar panels that use materials or components made in the Xinjiang region in Western China.
For developments affecting project finance and the energy sector.
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