Responding to Administrator Pruitt’s Comments on the Wind and Solar Tax Credits BlogBy Gregory WetstoneOctober 23, 2017Environmental Protection Agency Administrator Scott Pruitt.The Hill As reported recently by The Hill, Environmental Protection Agency Administrator Scott Pruitt thinks the solar investment tax credit and wind production tax credit should be eliminated. Speaking at an event in Kentucky, Pruitt said “I would do away with these incentives that we give to wind and solar…I’d let…
Renewable Energy Finance: State of Play BlogBy Keith Martin, Norton Rose FulbrightAugust 22, 2017Four project developers did a rapid survey across the renewable energy finance landscape at the 14th annual Wall Street Renewable Energy Finance Forum in New York in late June. The conference is organized by the American Council on Renewable Energy and Euromoney. The four are Jim Murphy, president and chief operating officer of Invenergy, Gaetan…
Offshore Wind in the US: A Look at Industry Prospects BlogBy George Felcyn, Bracewell, LLPMay 2, 2017Proponents of renewable energy in the U.S. have watched as a growing number of once promising innovations—from solar and onshore wind farms to geothermal and distributed generation—have increasingly achieved commercial scale around the country. Yet the development of large-scale offshore wind projects has lagged that of its renewable counterparts in the U.S., as well as…
Understanding the Legal Challenges to the Clean Power Plan BlogBy Fabian KoehrerOctober 12, 2016On August 3rd, 2015, President Barak Obama and the Environmental Protection Agency (EPA) announced the final version of the Clean Power Plan (CPP). The CPP sets the first national standards to address carbon pollution from existing power plants and demonstrates to the global community that the United States is willing to take action to combat climate change.…
ACORE’s US-Canada Renewable Energy Forum Highlights Climate Week NYC BlogBy Scott ClausenSeptember 8, 2016On Thursday, September 22nd, ACORE presented the US-Canada Renewable Energy Forum, with the support of the Canadian Consulate in New York, Brookfield Asset Management and Phillips Lytle, LLP. Held during Climate Week NYC, the forum discussed recent policy developments and worked to identify opportunities for collaboration and cross-border projects to increase the development of renewable energy in the United States and…
Community Solar Power: A Look at the Business Models Behind Shared Solar BlogBy Kenneth KramerJune 6, 2016With most residential rooftop area in the U.S. unsuitable for traditional PV panels, the community solar model provides many customers a cost effective alternative for “going solar.” Community solar brings policy benefits like net metering, similar to rooftop installations, and models have developed, and continue to evolve, that allow customers to access community solar through…
Driving Growth in a New Policy Landscape BlogBy Gregory WetstoneApril 18, 2016This year’s annual National Renewable Energy Policy Forum, hosted by ACORE, took place on the heels of an important policy update for key technologies. In December 2015, Congress approved a combined tax and budget package giving wind and solar what amounts to between five and seven years of policy “certainty” for investors and developers. But tax…
In the Fortune 500, Clean Energy is Good for Business BlogBy Kevin HaleyMarch 30, 2016Fortune 500 companies are at an all-time high in terms of value – some $17+ trillion dollars as of this time last year. The explosive growth of tech businesses in particular, Google, Amazon, Apple and many more, has set the standard for modern capitalism in terms of profits and advancement up the Fortune list. But…
Renewable Asset Management: Solutions for Growth BlogBy Chris McCloskey, PricewaterhouseCoopersFebruary 9, 2016Renewable energy is revolutionizing the global energy markets; in fact, in some regions, renewables are growing so quickly that they are the leading source of new generating capacity. As a larger and broader group of investors embrace renewables and incorporate them into their portfolios, they expect these assets to be well-managed, generating a steady financial…
Effective Renewable Energy Policies Spur Investment and Economic Growth BlogBy Shannon Kellogg, AmazonNovember 18, 2015In late September, I traveled to Virginia’s Eastern Shore to join Governor Terry McAuliffe and other state and local officials for his announcement of the Commonwealth’s issuance of its first permit for a new 80 megawatt solar facility that will be constructed in Accomack County. Amazon Web Services (AWS) has partnered with Community Energy to…
