Project Finance NewsWire

November 2011

IN THIS ISSUE

Chinese Solar Cells May Face US Import Duties
Anti-dumping or countervailing duties could be imposed on photovoltaic cells imported from China starting this fall at the earliest, but more likely after a date in the spring or summer 2012, unde...

Policy Quagmire: What Next?
Global clean energy investment fell 34% in the first half of 2011, weighed down by low natural gas prices in the United States and subsidy cuts in Europe...


IN OTHER NEWS

Large Batteries
Large batteries at wind and solar projects qualify potentially for investment tax credits...

Most California Solar Projects
Most California solar projects remain exempted from annual property taxes, even if they are transferred during construction, according to draft guidelines the State Board of Equalization issued in...

Federal Bank Regulators
Federal bank regulators released 298 pages of regulations in October to implement a “Volcker rule” that is supposed to bar banks from engaging in proprietary trading and taking equity positions in...

Power Plants That Use Solid Waste
Power plants that use solid waste as fuel can be financed in the tax-exempt bond market. The IRS made it easier in August for fuel to qualify as “solid waste...

A Municipal Power Plant
A municipal power plant can be financed partly in the tax-exempt bond market, the IRS said, even though a private power company operates the plant and takes part of the electricity under a long-te...

A Rooftop Solar System
A rooftop solar system may qualify only in part for an investment tax credit, the IRS said. Many rooftop systems require a membrane underneath the solar panels that doubles as a roof...

Wind Farms in Puerto Rico
Wind farms in Puerto Rico and other US possessions qualify for accelerated US tax depreciation — and by extension, investment tax credits or Treasury cash grants — the IRS said in a private ruling...

More Substation Equipment
More substation equipment than many companies thought earlier qualifies for a Treasury cash grant or investment tax credit at a wind or solar project...

Peru
Peru extended a tax break in July that allows owners of wind, solar, biomass and small hydroelectric projects to depreciate the projects over five years...

Tax Strategy Patents
Tax strategy patents will no longer be issued by the United States under a bill that became law in September...

REITs
REITs can count income earned from selling carbon dioxide offset credits as good income, the IRS said ...

Anaerobic Digester
Anaerobic digester owners have been claiming refundable federal tax credits of 50¢ a gallon on methane made from hog and cattle manure and crop residue...

A District Cooling System
A district cooling system, including underground pipes, can be depreciated over seven years, the IRS said...

A depreciation bonus
A DEPRECIATION BONUS was allowed on a new hydrogen pipeline, even though the hydrogen company effectively committed to build the pipeline before the depreciation bonus became available in 2008.

Biofuel
Biofuel producers may soon have access to additional financing from the US government of up to $510 million over the next three years for construction of new, or retrofitting of existing, plants t...

Minor memos
There is a chance that any jobs bill on which Congress is able to agree this year will extend a 100% “depreciation bonus” through December 2012.