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In this article, published by Global Hydrogen Review, Lauren Davies, Andrew Nealon, Alistair Wishart and Garrett Finch examine some of the key challenges associated with using a ‘traditional’ project finance model in the development of low-carbon hydrogen projects and will also consider some potential solutions.
In this article for ESG Investor, Chris Taufatofua, Afzaal Abidi, and Ellen Swarbrick* explain how technological innovation is helping identify alternatives to critical minerals that can accelerate the wider energy transition.
On March 22, 2024, the Internal Revenue Service (IRS) issued additional guidance in respect of the “Energy Community Bonus” in Notice 2024-30 (the “Notice”), which provides two key updates: (1) offshore wind farms have two new ways to meet the Nameplate Capacity Attribution Rule, and (2) adding new industry codes for evaluating employment rates related to fossil fuel industries.
A host of questions are arising about the intellectual property rights attached to energy transition projects because of enormous investments in the space and the cutting-edge technologies that follow.
On March 5, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (the “Final Direct Pay Regulations”) regarding the direct pay election for certain tax credits available under section 6417 of the Internal Revenue Code of 1986, as amended (the “Code”).