This is a guest blog post by Mark Vitello of accounting firm BerryDunn summarizing tax rules governing which taxable income can be offset by solar project Investment Tax Credits. /continue reading
Blog
Avoiding Project Development Pitfalls: Part 4 – Solar M&A
This is the fourth part of a Q&A series with members of the KLG team highlighting key areas in which renewable energy project developers encounter pitfalls that can end up delaying or derailing projects. This part is presented by Brendan Beasley, who frequently serves as lead transaction counsel for solar M&A transactions -- deals involving purchase or sale of solar energy projects and portfolios. /continue reading
SMART Final Regulations Expand and Modify Program
July 31, 2020 Update: On July 10, 2020, the DOER filed the final version of the modified SMART program regulations, adjusting key provisions after receiving substantial stakeholder input and comments on the emergency regulations filed April 15, 2020. DOER also posted a redlined version highlighting the changes made. The updated regulations reflect many of the edits proposed in the comments filed by Klavens Law Group.
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ITC Safe Harbor – Frequently Asked Questions
KLG’s Brendan Beasley and Jonathan Klavens teamed up with Mark Vitello at accounting firm BerryDunn to put together the following questions and answers relating to qualification for the 30% Investment Tax Credit (ITC) under Section 48 of the Internal Revenue Code using the safe harbor outlined by the IRS in Notice 2018-59. A version of this Q&A was previously posted on the BerryDunn website in the hope that it would be helpful to solar energy project developers and others as they navigate the last few weeks of 2019. /continue reading
Applying for the SMART Brownfield Adder
Securing the “brownfield adder” in the Massachusetts SMART program is proving to be more challenging than first imagined for developers of solar projects on environmentally compromised sites. Obtaining the brownfield adder requires careful adherence to state regulatory requirements. In certain instances, the availability of the brownfield adder may turn on future changes in state policy. /continue reading
NEWIEE Holds 2019 Women Shaping the Agenda Event
KLG is proud to sponsor the fifth annual Women Shaping the Agenda event on Wednesday, July 24, 2019, organized by New England Women in Energy and Environment (NEWIEE). Featuring a keynote address by Massachusetts Attorney General Maura Healey and a panel of senior policy makers from around New England, this year’s event will focus on “Regional Collaboration vs. State Sovereignty on Energy and the Environment: Where the New England States Converge and Diverge.” /continue reading
Avoiding Project Development Pitfalls: Part 3 – Interconnection
This is the third part of a Q&A series with members of the KLG team highlighting key areas in which renewable energy project developers encounter pitfalls that can end up delaying or derailing projects. This part is presented by Courtney Feeley Karp, who handles energy regulatory matters. /continue reading
Courtney Feeley Karp to Participate in BBA Energy Law Conference
KLG Senior Counsel Courtney Feeley Karp will participate in the June 6, 2019 BBA Energy Law Conference. Registration information is available on the event webpage. /continue reading
Avoiding Project Development Pitfalls: Part 2 – Site Control
This is the second part of a Q&A series with members of the KLG team highlighting key areas in which renewable energy project developers encounter pitfalls that can end up delaying or derailing projects. This part is presented by Sarah Matthews, who handles commercial real estate and corporate matters. /continue reading
Courtney Feeley Karp to Participate in SEBANE Interconnection Forum
KLG Senior Counsel Courtney Feeley Karp will participate in the May 14, 2019 Interconnection Forum organized by SEBANE. Registration closes on May 10. /continue reading