This guest post is an excerpt from Congressional Testimony by Will Coleman before the House of Representatives Committee on Ways and Means, entitled Joint Hearing on Energy Tax Policy and Tax Reform. Please post your reaction and comments below. Read More »Guest Post: A New Approach to Innovation Tax Policy For Renewables
Governmental Incentives for Rewable Energy
In the context of renewable energy project development, power purchase agreements (“PPAs”) are the cornerstone upon which the project is built and operated. PPAs are contracts through which the developer or ultimate owner of a project sells power generated by the project to another party. PPAs typically represent the primary, and sometimes sole, revenue source for the project. Accordingly, PPAs should be drafted in a manner that recognizes their critical importance to both the project developer or owner and power purchaser.Read More »IRS Ruling Discusses Important Attributes of Power Purchase Agreements
The Rural Utilities Service of the Department of Agriculture has recently announced that, in certain circumstances, it is granting an exception to the $10 million limitation on the Business & Industry guaranteed loan program (B&I Program) in fiscal year 2011.