Latest project finance insights

December 2017
IN THIS ISSUE How the US tax changes affect transactions At least a dozen provisions in a massive tax-cut bill that cleared the US Congress in mid-December
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Sixteen projects awarded PPAs in Mexico's third power auction
With an average price of US$20.57 per MW of clean energy (MWh + clean energy certificate), the Mexican independent system operator (CENACE) announced the o
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GOP tax plan hurts US wind development forecasts
Under current IRS rules, wind developers can claim the full amount of the federal production tax credit (PTC) through 2020 if they either started physical
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October 31 ITC Section 201 remedies decision
On October 31, the International Trade Commission (ITC) released its recommended remedies following its September finding of “serious injury” to domestic
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FERC finds that New York waited too long to deny the Millennium Pipeline's water quality certificate | Norton Rose Fulbright
On September 15, 2017 the Federal Energy Regulatory Commission (FERC) held that the New York State Department of Environmental Conservation (NYSDEC) waived
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Suniva, SolarWorld Tariff Case turns to remedies
Following the International Trade Commission’s (ITC) September 22 decision that foreign manufacturing of solar cells and panels have contributed to “seriou
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October 2017
IN THIS ISSUE FERC directed to favor coal and nuclear Most United States competitive markets would be forced to dispatch nuclear and coal power plants ...
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Southland charges up battery storage financings
The largest non-recourse financing of energy storage assets anywhere in the world is the US$2.3 billion financing of the AES Southland project in the USA t
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Wind power opponents finding fertile ground in Oklahoma
Recent actions by federal regulators, state lawmakers, military installations, oil and gas interests and environmentalists may be making the Oklahoma regul
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In domestic solar manufacturing decision, ITC rules in favor of Suniva, SolarWorld
Following its Chapter 11 bankruptcy filing in April, US-based solar cell and panel manufacturer Suniva petitioned the U.S. International Trade Commission (
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Brazil holds auction to cancel renewable energy contracts
On August 28, 2017, Brazil conducted something relatively unheard of -- its first ever cancellation auction. Wind, hydro and solar developers were given t
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Learn more: Round 2 results of contracts for difference
As predicted, the biggest winner of Contracts for Difference (CfD) in the second allocation round (AR2) was offshore wind. AR2 will bring over 3.1 GWs of o
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Hawaii’s utilities moving forward on state’s ambitious RPS goals
Hawaii’s big utilities now have a plan for meeting the most ambitious renewable portfolio standards (RPS) in the country. The Hawaii Public Utilities Commi
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Power ledger concludes token offering
Power Ledger, a company based in Perth, Australia, has now concluded its sale of tokens for a peer-to-peer platform that will enable renewable energy tradi
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Chile's renewable goals
The Chilean renewable energy market continues its ascent towards its goal of having 70% of the country’s generation mix coming from renewable energy source
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