US Renewable Energy After the November Elections
The United States went to the polls on November 4. The news organizations described the election results as a Republican sweep. The Republicans now control both houses of Congress...
Renewables Face Daytime Curtailments in California
As California marches toward fulfilling — and probably exceeding — a renewable portfolio standard (RPS) that requires 33% of its electricity to come from renewable energy sources by 2020, grid...
Corporate Inversions: Slowed But Not Stopped
The US Treasury outlined six measures in late September that the Internal Revenue Service plans to implement in future regulations to discourage US companies from inverting...
Yield Cos: Where to Next?
Several veterans of the independent power market talked about the pros and cons of yield cos — when it makes sense for a company to form one, how they affect the cost of capital, whether they are ...
US Solar Market Outlook
A panel of solar industry CEOs and one utility executive shared insights about the US solar market at the Solar Power International 2014 convention in Las Vegas in late October...
Current Issues in Holdco Loans
Holdco loans are becoming an increasingly common strategy for financing renewable energy projects in the United States...
The Biggest Change to Power Supply Since Edison
Adding batteries to solar rooftop installations will lead to a fundamental change in power markets...
Power Privatizations in Africa: Key Lessons
Privatizations in sub-Saharan Africa offer key lessons for investors seeking to enter newly-deregulated power markets in Africa...
Some Types of Government-Supported Power Contracts Hit Headwinds
Two federal court decisions in September will affect some types of government-supported power contracts that independent generators sign with utilities...
DOE Nuclear Loan Guarantees: Part Deux
The draft solicitation recently issued by the US Department of Energy breaks new ground for support of the US nuclear energy industry through the loan guarantee program...
Mozambique’s New Petroleum Regime
This year has seen the passing of the much awaited new petroleum legislation in Mozambique...
The Income Method
The income method can be calculated in more than one way to value a project. The Minnesota Tax Court chose a method that looked back in time rather than at projected earnings...
2015 IRS Business Plan
An IRS business plan showing what guidance the US tax agency plans to issue by next June lists several items of interest to the project finance community. The plan was released in late August...
Treasury Cash Grants
Treasury cash grants have moved into a litigation phase...
REITs
REITS continue to draw attention.
India
INDIA lost a round in court over whether taxes can be triggered when a foreign parent company makes a capital contribution to its Indian subsidiary in exchange for shares.
Chile
Chile increased taxes on foreign investors under new tax reforms signed into law in late September...
Value of Solar
Value-of-solar tariffs in two US states may be addressed by the IRS...
Solar Pole Mounts
Solar pole mounts qualify for tax credits as part of a solar system, the IRS said. The IRS made the statement in a private letter ruling that it made public in late October...
Rooftop Solar
Rooftop solar draws more utilities...
North Carolina
NORTH CAROLINA issued guidelines in October for state tax credits for investing in renewable energy equipment.
Economic Substance
Economic substance may be lacking. The IRS warned in October that it remains free to pick apart transactions with more than one leg that is tax motivated while allowing the rest of the transaction to stand.
No Real Partnership
No real partnership was created, a US appeals court said...
Argentina
Argentina addressed a VAT issue...
Colombia
Colombia removed the Cayman Islands, British Virgin Islands and Bermuda from a list of tax havens. Forty-one jurisdictions remain on the list...
Indiana
Indiana does not tax out-of-state investors if the investment is structured properly...
South Carolina
South Carolina said that generating electricity is “manufacturing.” The decision, in a case involving Duke Energy, affects what share of income Duke must treat as earned in South Carolina...
PILOT Payments
PILOT payments can be deducted as property taxes, the IRS said. “PILOT” stands for payments in lieu of taxes...
Michigan
MICHIGAN utilities do not have to pay sales and use taxes on new equipment that they will use to distribute electricity and gas.
Environmental update | November 2014
The US Environmental Protection Agency released additional thoughts for comment in late October on some of the more controversial aspects of its June plan to reduce carbon dioxide emissions from e...
Minor memos
The US Department of Energy reported in late September that the price of solar rooftop systems in the United States fell 12% to 19% in 2013.
subscribe
