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Treasury, IRS Issue Guidance On The Credit For The Production Of Clean Hydrogen And The Election To Treat Clean Hydrogen Production Facilities As Energy Property

Treasury, IRS Issue Guidance On The Credit For The Production Of Clean Hydrogen And The Election To Treat Clean Hydrogen Production Facilities As Energy Property
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Washington , United-states , Department-of-energy , District-of-columbia , Revenue-service , Department-of-the-treasury , Treasury-department , Credit-for-the-production-of-clean-hydrogen , Hydrogen-industry , Clean-hydrogen , Treat-clean-hydrogen-production-facilities

China calls for WTO to investigate IRA, alleging 'discrimination against goods of Chinese origin'

The Chinese government has requested the World Trade Organization dispute consultations with the US over subsidies from the IRA.

China , United-states , America , Jon-ossof , Raphael-warnock , Energy-property , Solar-energy-manufacturers-for-america , Joe-biden-administration , Investment-tax-credit , Clean-electricity , Production-tax-credit , Reverend-raphael-warnock

Voith Group invests nearly $25M in two York facilities - Central Penn Business Journal

Voith Group invests nearly $25M in two York facilities - Central Penn Business Journal
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Pennsylvania , United-states , America , American , Stanley-kocon , Garrett-goll , Ralf-dreckmann , Energy-property , Clean-energy , Voith-group , Voith-turbo , Voith-hydro

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Washington , United-states , Alaska , North-carolina , California , Department-of-energy , District-of-columbia , Hawaii , American , Douglasw-odonnell , Vivian-hayes , Department-of-energy-emissions-value-request

Insight into Direct Pay for Clean Energy Tax Credits

NOTE: This blog post is intended for educational purposes only. Relevant parties should consider consulting a tax professional should any questions arise.  Elective pay, also commonly referred to as “direct pay,” is a new mechanism included in...

Alaska , United-states , Alaskan , Energy-project-credit-sec , Renewables-sec , Energy-property-sec , Income-communities-bonus-credit-program , Energy-communities-bonus , Energy-credit-sec , Credit-for-production-of-clean-hydrogen-sec , Tennessee-valley-authority

State delays offshore wind bid deadlne

(Jan. 22, 2024) Massachusetts authorities have granted offshore wind developers nearly two months longer to prepare their next bids, hoping the delay will result in lower-cost projects than otherwise …

Massachusetts , United-states , Connecticut , Rhode-island , Jeff-roy , Donald-trump , Charlie-baker , Us-treasury-department , Definition-of-energy-property , Committee-on-telecommunications , Colin-young-state-house-news-service , Energy-credit

Tax credit uncertainty clouds offshore wind picture

Massachusetts authorities on Thursday granted offshore wind developers nearly two months longer to prepare their next bids, hoping the delay will result in lower-cost projects than otherwise would have come

Rhode-island , United-states , Massachusetts , Connecticut , Rebecca-tepper , Charlie-baker , Jeff-roy , Donald-trump , Energy-credit , Environmental-affairs , Department-of-energy-resources , Us-treasury-department

Tax credit uncertainty clouds offshore wind picture

Massachusetts authorities on Thursday granted offshore wind developers nearly two months longer to prepare their next bids, hoping the delay will result in lower-cost projects than otherwise would have come

Massachusetts , United-states , Connecticut , Rhode-island , Rebecca-tepper , Charlie-baker , Jeff-roy , Donald-trump , Department-of-energy-resources , Department-of-public-utilities-on , Definition-of-energy-property , Healey-administration

Treasury Issues Proposed Regulations on the Definition of "Energy Property" and Rules Applicable to the Section 48 Energy Credit | Paul Hastings LLP

The Inflation Reduction Act of 2022 made significant modifications and additions to the energy credit available under Section 48 of the U.S. Internal Revenue Code of 1986, as amended...

Paul-hastings , Treasury-department , Output-energy-properties , Basis-of-energy-property , Energy-property , Property-that-is-not-energy , Inflation-reduction-act , Revenue-code , Proposed-regulations , Code-section , That-may-be-included

In-Depth: Understanding New Proposed Regulations For Clean Hydrogen - Oil, Gas & Electricity

On December 22, 2023, the Treasury Department and Internal Revenue Service (IRS) issued proposed regulations regarding the clean hydrogen production...

United-states , California , American , Energy-property , National-laboratory , Emissions-of-hydrogen-production , Treasury-department , Department-of-energy , Energy-attribute-certificates-eacs , Election-to-treat-clean-hydrogen-production-facilities , Election-to-treat-clean-hydrogen-production-facility