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).

Posted in Renewable energy Power Infrastructure Blog article

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...

Posted in Power Renewable energy Blog article

The proxy revenue swap (PRS) is a burgeoning financial product that supports renewable energy projects that sell electrical energy into the wholesale electricity markets.

Posted in Power Renewable energy Solar Wind Blog article

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

Posted in Power Renewable energy Infrastructure Podcast episode

This post follows-up on Sponsors may Claim a Bonus Depreciation from Buyouts of Tax Equity Investors.

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David Burton discusses the partial relief provided by the IRS extension for renewable energy projects.

Posted in Power Renewable energy Solar Wind Infrastructure Blog article

Solar and other renewable energy projects eligible for the investment tax credit rarely suffer causalities; however, cautious taxpayers seek to be prepared for the consequences of a potential project casualty.

Posted in Power Renewable energy Solar Blog article

David Burton highlights a court decision addressing a tax shelter scheme involving lenses for concentrated solar projects.

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Rep. Mike Thompson (D-CA) of Ways & Means introduced the GREEN Act (H.R. 848) on February 4, which included creating an ITC for standalone storage.

Here’s a typical fact pattern in a tax equity partnership in which the investment tax credit recapture period or the production tax credit availability period is over: A and B are unrelated parties that formed

Posted in Blog article Power Renewable energy Solar Wind