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Ep252: Fourth Power CEO on Thermal Storage
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Arvin Ganesan, CEO of Fourth Power, joins us to discuss thermal storage technologies and what role they can have in the energy storage market.

Accelerated Transmission Line Approvals For Priority Projects
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Companies developing new transmission line projects can now call on the US Department of Energy (DOE) to help accelerate government approvals for such projects by tapping into a three-step process.

California Decarbonization Dilemma
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An analysis of California Energy Commission data for the most recent year available, 2022, shows that while the state had 85,000 megawatts of generating capacity, only 51,000 megawatts of ...

Ep251: US Treasury’s New Bonus Tax Credit Guidance
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Hilary Lefko, Norton Rose Fulbright partner, joins us to discuss the US Treasury’s new guidance on calculating whether projects have enough domestic content to qualify for a bonus tax credit.

Advanced Manufacturing Credit Guidance: What Goes Around Comes Around Again
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The U.S. Department of the Treasury expanded the Qualifying Advanced Energy Project Tax Credit Program (section 48C ) on April 29, 2024.

Tax Equity News: Simpler Domestic Content Calculations
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The US Treasury greatly simplified the calculations to determine whether solar, onshore wind and battery projects have enough domestic content to qualify for a 10% bonus credit.

Simpler Domestic Content Calculations
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The US Treasury greatly simplified the calculations yesterday to determine whether solar, onshore wind and battery projects have enough domestic content to qualify for a 10% bonus tax credit.

Ep250: Section 301 Tariffs
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Stefan Reisinger, Norton Rose Fulbright partner, joins us to discuss the Biden administration's changes to section 301 tariffs on certain Chinese products and how they can affect the renewables community.

Ep249: Ariel Green on Technology Performance Insurance
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Jan Napiorkowski and Jamie Daggett, global director and energy storage lead at Ariel Green, join us to discuss how technology performance insurance can facilitate the use of new technologies.

Ep248: The IRS’s New Tax Credit Rules
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Hilary Lefko, partner in Norton Rose Fulbright’s Washington, DC office, joins us to discuss the IRS’s new guidance on tax credit transfers.

Transferable Tax Credit Due Diligence Checklist
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We have published a new sample diligence checklist for transferable tax credits.

Ep247: Solar Module Petition Update
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Stefan Reisinger joins us to discuss the anti-dumping and countervailing duty petition on solar modules that was filed by the American Alliance for Solar Manufacturing Trade Committee.

Tax Equity News: Final Tax Credit Sale Guidance
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The IRS released the final regulations on selling tax credits today.

Final Tax Credit Sale Guidance
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New tax credit sale regulations released today by the Internal Revenue Service are largely the same as proposed tax credit sale regulations issued in June last year.

Forever Chemicals Starting To Affect Project Finance Market
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A US Environmental Protection Agency decision in late April to expand federal regulation of per- and polyfluoroalkyl substances, known as “PFAS,” could allow more renewable energy projects to qualify ...

Maxeon Claims Solar Panel Patent Infringement
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Maxeon has accused Canadian Solar, REC Solar and Hanwha of infringing three Maxeon patents by making, importing and selling n-type solar panels with TOPCon cells.

Ep246: Developing Solar on Variable Terrain
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Yezin Taha, CEO of Nevados, joins us to discuss the increasing demand for developing non-flat land for utility-scale solar projects, the challenges and costs involved.

Harvard Kennedy School Lecture: Tackling Climate Change with Tax Credits
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I had the privilege to give a lecture at the Harvard Kennedy School “Tackling Climate Change with Tax Credits: How the Inflation Reduction Act Works in Practice”.

Ep245: Renewable Properties President on the CPUC’s Community Solar Proposal
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Aaron Halimi, founder and president of Renewable Properties, joins us to discuss how a proposed decision by the California Public Utilities Commission could affect community solar projects.

Equipment Leasing and the Passive Activity Loss Rules
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In his recent Monitor Daily feature, David Burton discusses equipment leasing and the passive activity loss rules.

Ep244: BrightNight CEO on Investing in Renewable Energy
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Martin Hermann, CEO of BrightNight, joins us to discuss investing in renewable energy projects and technologies.

Tax Equity News: More Areas Qualify as Energy Communities
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The IRS added 446 more US counties to the list of counties where renewable energy projects qualify potentially for a 10% energy community bonus tax credit.

More Areas Qualify as Energy Communities
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The Internal Revenue Service added 446 more US counties today to the list of counties where renewable energy projects qualify potentially for a 10% energy community bonus tax credit.

Ep243: John Cockerill on hydrogen electrolyzers
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Nicolas De Coignac, President Americas of John Cockerill, joins us to talk about John Cockerill's electrolyzer technology.

Infocast Solar + Wind Finance Investment Summit 2024 Soundbites
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This post covers soundbites on transferability, energy communities, prevailing wage, domestic content, the 2024 election, storage, supply chain, increasing electricity demand and interconnection challenges.

Ep242: MUFG Managing Director on the Project Finance Renewables Loan Market
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Beth Waters, Managing Director on the Project Finance Renewables Loan Market, joins us to discuss the commercial bank loan market for renewables projects.

Trump and the Renewables Policy Outlook
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Leaders of the three main renewable energy trade associations and the head of energy and climate policy work for a conservative think tank in Washington talked about what to expect if Donald Trump wins ...

Ep241: Trump and the IRA
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Two veteran Washington observers talk about the outlook for the Inflation Reduction Act if Trump is elected.

Current Market Conditions
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The past year in the US renewable energy industry has been the story of a strong tailwind offset to some degree by various headwinds. Conditions are improving. However, Donald Trump ...

Cost of Capital: 2024 Outlook
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Four veteran tax equity investors and project lenders talked during a live podcast in mid-January about what to expect in the tax equity, tax credit sale and bank lending markets this year.

Multiple Definitions of “Project” for Energy Tax Credit Purposes
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Whether a renewable energy project qualifies for tax credits depends on how “project” is defined.

Ep240: Anza CEO on Solar Procurement
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Mike Hall, CEO of Anza Renewables, joins us to discuss Anza’s solar procurement platform and more.

Reformas a Ley de la Industria Eléctrica en México son Declaradas Parcialmente Inconstitucionales
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La Suprema Corte de Justicia de la Nación declaró que parte de las reformas a la Ley de la Industria Eléctrica (LIE) que el presidente de México, Andrés Manuel López Obrador, presentó para posterior ...

Mexican Power Reforms Partly Unconstitutional
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The Mexican Supreme Court declared amendments to the electric industry law (LIE) that Mexican President Andrés Manuel Lόpez Obrador put through the Mexican Congress in March 2021 partly unconstitutional.

Ep239: Nomura’s Vinod Mukani on the state of the commercial bank market
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Vinod Mukani of Nomura Securities joins us for a discussion on the state of the commercial bank market and Nomura’s success with development loan facilities.

Ep238: Tariff Moratorium Update
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Stefan Reisinger joins us to give an update on the tariff moratorium applied to solar modules imported from Vietnam, Malaysia, Thailand and Cambodia.

Ep237: DoubleLine Capital making moves into infrastructure
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Andrew Hsu, portfolio manager at DoubleLine Capital, joins us to discuss DoubleLine’s investment in the infrastructure space.

Auxin Challenges Solar Tariff Moratorium
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Some US solar developers may have to add new contingent liabilities to their balance sheets on account of a lawsuit filed by two US manufacturers in ...

Ep236: Cost of Capital: 2024 Outlook
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Four project finance industry veterans talk about what to expect in the year ahead for tax equity, tax credit sales and debt.

Tax Equity News: Hydrogen Tax Credit Guidance
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The US Treasury has released proposed hydrogen tax credit regulations.

Hydrogen Tax Credit Guidance
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New hydrogen tax credit rules released by the US Treasury just before Christmas will make it hard to finance projects that use electrolyzers.

Ep235: Mini-grids and bringing power to developing areas
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William Brent, chief marketing officer of Husk Power Systems, joins us to discuss Husk’s work in bringing electricity to developing areas.

Tax Equity News: Manufacturer’s tax credits under section 45X proposed regulations
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The US Treasury has issued proposed regulations addressing manufacturer’s tax credits under section 45X.

Manufacturer tax credits under section 45X
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Guidance the US Treasury released on December 14 for claiming section 45X tax credits for manufacturing components for solar, wind and storage projects will require checking whether the manufacturer ...

Ep234: Fluence President on energy storage projects
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The president of Fluence joins us to discuss energy storage projects, how the Inflation Reduction Act has affected them and more.

Low to Middle Income (LMI) Investment Tax Credit (ITC) Adder Dashboard: Oversubscribed but Capacity for Indian Land & Certain Resi Categories
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Treasury has launched a LMI adder dashboard that tracks the application and approval process of the 10% investment tax credit adder for wind and solar projects have a capacity of 5 megawatts or less

Podcast | David Burton on the Inflation Reduction Act and Transferable Tax Credits
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David Burton joins Ted Sheen who heads Clean Tech Americas for Standard Chartered in a two-part podcast to discuss the purpose of the Inflation Reduction Act

FERC Moves to Break the Interconnection Logjam
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The Federal Energy Regulatory Commission has issued new interconnection rules that will apply to nearly every transmitting utility outside of ERCOT.

Ep233: Plus Power on stand-alone energy storage
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Brandon Keefe and Joshua Goldstein of Plus Power join us to discuss stand-alone battery storage.

New Investment Tax Credit Regulations
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New investment tax credit regulations issued by the Internal Revenue Service on Friday answered a number of questions that the market has had about investment credits on renewable energy projects ...

Tax Equity News: Proposed investment tax credit regulations
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The US Treasury has issued proposed investment tax credit (ITC) regulations.

Ep232: Insurance Affecting Projects | Part II
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A discussion on how climate change is affecting insurance with industry professionals from Munich Re, Liberty Specialty Markets and The Geneva Association.

Podcast | David Burton on Energy Tax Credits in the Inflation Reduction Act
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David Burton joins Uptime Wind Energy Podcast

Ep231: Insurance Affecting Projects | Part I
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Rising insurance costs and shrinking coverage are starting to limit where renewable and other energy projects can be built.

Ep230: Clean Energy Associates Vice President discusses market trends
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Dan Shreve of Clean Energy Associates joins us for a wide-ranging discussion about the current environment around existing and emerging technologies in the energy mix.

Ep229: Declan Flanagan, CEO of Bluestar, discusses renewable investing
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Declan Flanagan, founder and CEO of Bluestar Energy Capital, joins us for a wide-ranging discussion, including what he sees as the most promising markets and more.

Ep228: CEO of Spearmint Energy on battery energy storage
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Andrew Waranch, CEO of Spearmint Energy, joins us to discuss his company and why he chose to go into battery energy storage.

Ep227: Intersect Power CEO on the Power Grid
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Sheldon Kimber, CEO of Intersect Power, joins Todd Alexander for a discussion about the United States power grid system.

Ep226: Aon Co-CEO Gives an Overview of Tax Credit Insurance
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Gary Blitz, global co-CEO of Aon's M&A and transaction solutions practice, joins us to talk about the insurance market for tax credit transfers.

Ep225: Invenergy Vice Presidents Discuss Build-Transfer Transactions
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Kyle Hermanson and Nate Hoeppner of Invenergy join us to discuss build-transfer transactions.

Bonus episode: Renewables professionals predict the World Series
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In this bonus episode, friends of the podcast give their predictions on who will win the 2024 World Series.

Ep224: Energy Storage Outlook
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Adam Hise, managing director of storage risk solution at Ascend Analytics, joins us to discuss the size and position of the energy storage market.

Ep223: Investing in decarbonization: Insights from an experienced investor
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Benoit Allehaut, chief investment officer at XCarbon Technologies, joins Todd Alexander for a discussion about investment trends in the wind and solar sectors.

Ep222: An Assessment of the IRA
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Bill Green, managing partner of Climate Adaptive Infrastructure, joins Todd Alexander in a wide-ranging discussion about how the renewable energy market may not be fully appreciating the impact of the IRA.

Ep221: Opportunities for Sustainability in Commercial Real Estate
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Michael Beckerman, CEO of CREtech, joins Todd Alexander to discuss how commercial real estate developers are taking a closer look at renewable energy sustainability.

Ep220: Taking its toll — Tolling Agreements and Offtake Strategies
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Christine Brozynski, partner in Norton Rose Fulbright’s projects practice, joins Todd Alexander to talk about recent trends in offtake strategies for energy storage projects.

Proposed Basel III Rules could be catastrophic for the traditional tax equity market
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On July 27, 2023, the Office of the Comptroller of the Currency, Treasury; the Board of Governors of the Federal Reserve System; and the Federal Deposit Insurance Corporation (the “U.S. Banking Authorities”)

Ep219: Northern Lights: Alight's CEO talks about solar in Scandinavia and the rest of Europe
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Dr. Harald Överholm, CEO and founder of Alight, joins Todd Alexander to talk about the opportunities and challenges in the European solar market.

Tax Equity News: Wage and apprentice proposed regulations
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The US Treasury issued proposed regulations filling in missing details regarding the prevailing wage and apprentice requirements, which the Inflation Reduction Act of 2022 requires developers to comply with

Wage and Apprentice Requirements
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The Internal Revenue Service filled in many missing details this week in new wage and apprentice requirements.

Ep218: Debt Workouts and Liability Management Transactions
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Eric Daucher joins us to talk about debt workouts and liability management transactions, how they are executed and leveraged, their legality, how investors and lenders can avoid litigation, and more.

Ep217: Ampion CEO discusses community solar
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Nate Owen, founder and CEO of Ampion, joins Todd Alexander to talk about what Ampion does and the role it plays in managing distributed generation projects.

Low-Income Community Bonus Credit – Final Regulations
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The community solar and rooftop solar industries were starting to lose hope of claiming the economic justice bonus credits on 2023 projects.

Ep216: Heating Up: New geo-thermal developments and technology
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Neil Ethier, vice president of business development for Eavor, joins Todd Alexander to talk about the new approach Eavor has developed to tap geothermal energy.

Ep215: Getting Worked Up — What to Know About the IRA’s Wage Requirements
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Taylor Gant joins Todd Alexander to explain the wage requirements portion of the Inflation Reduction Act.

Transferable Tax Credits Treated Favorably Under the OECD’s Pillar Two
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On July 17, 2023, the Organization for Economic Cooperation and Development (the “OECD”) released favorable guidance on transferable tax credits under Pillar Two.

Ep214: Plug Power CEO Discusses Future of Hydrogen Economy
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Andy Marsh, president and CEO of Plug Power, joins Todd Alexander for a lively discussion about green hydrogen.

Post-IRA Tax Incentive Regime for Carbon Capture, Renewable Natural Gas and Clean Hydrogen
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The Inflation Reduction Act’s enhancements to carbon capture and sequestration tax credit and new tax credits for biogas investment and clean hydrogen production is creating novel opportunities for developers.

Sustainable Aviation Fuel Tax Incentives
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Among the Inflation Reduction Act’s package of credits and incentives for renewable fuel production is a new set of tax credits for sustainable aviation fuel (“SAF”).

Ep213: Community Solar Update
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Aaron Halimi, President of Renewable Properties, speaks with Todd Alexander on a range of topics concerning community solar.

Ep212: Trends in the Renewables Market
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Nick Knapp, partner and senior managing director at CohnReznick Capital, joins Todd Alexander for an overview of current and future market trends.

PTC Inflation Adjustment
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Calculation Conventions Result in Higher PTC Rate for Old Projects than New Projects After 2023 Inflation Adjustment

Tax Equity News: More Alta Wind purchase price allocation analysis
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A US Court of Federal Claims decision on June 20 that suggested the purchase price paid for a power project should be allocated partly to any tax credits or other government subsidies for which it qualifies

More Alta Wind Analysis
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A US Court of Federal Claims decision on June 20 that suggested the purchase price paid for a power project should be allocated partly to any tax credits or other government subsidies.

Purchase Price Allocations
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Buyers of projects that qualify for future government payments must allocate part of the purchase price to such payments, the US claims court suggested in mid-June.

Tax credit sales
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Prices have been mainly in the 90¢ to 93¢ range, but are creeping higher. Buyers can carry back tax credits and recover taxes paid up to three years in the past.

Potential stimulus for carbon capture and clean hydrogen
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New EPA rules should create more demand for carbon capture and low-carbon hydrogen at coal- and gas-fired power plants.

Key issues for hydrogen developers
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Green hydrogen projects are significantly more complicated than the typical wind or solar project.

Hydrogen pipeline regulation
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The US has no clear framework for regulating interstate hydrogen pipelines. There are three possible regimes.

LMI bonus credit guidance
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Bonus tax credits of 10% or 20% of project cost can be claimed on some community and rooftop solar projects. The complexity is vastly out of proportion to the small size of the projects.

Comparing carbon offset credits
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Demand for voluntary carbon credits is outpacing the supply. The supply is hampered by concerns about quality of the carbon credits.

Sports stadiums and renewable energy
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Sports stadiums consume large amounts of electricity during games, making them good candidates for renewable energy.

Domestic content calculations
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Project developers are having a hard time getting the data they need from manufacturers to do the calculations required to claim a domestic content bonus tax credit.

Contract manufacturing
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Contract manufacturing is becoming more important as some manufacturers angling for section 45X credits for making components for wind, solar and storage projects farm out the physical work to other companies.

Split-scope battery purchase contracts
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Splitting contracts to buy and then install utility-scale batteries among multiple contractors is a complicated process that can be done, but carries risk.

Environmental update
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The US Supreme Court stripped protection under the Clean Water Act for more than 50% of the nation's previously-regulated wetlands.

Manufacturer tax credits: Section 48C
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Manufacturers who plan to apply for an initial round of $4 billion in tax credits for building production lines to make products for the green economy have until noon eastern time on July 31 to submit.

PTC inflation adjustment
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Production tax credits for producing renewable electricity will be higher this year than in 2022, but the amount varies depending on when the project went into service.

Wage and apprentice negotiations
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Developers are having to negotiate more wage and apprentice provisions in construction contracts now that the January 28 deadline to avoid them has passed.

Ep211: New Proposed IRS Guidance on Tax Credits Transferability
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Hilary Lefko joins host Todd Alexander in a conversation on the proposed guidance on tax credits and transferability recently released by the IRS.