The final rules issued by Treasury today will open the door to tens of billions of dollars in additional annual clean energy investments.
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ACORE Statement on Treasury Department’s Updated Energy Communities Guidance
- Project Finance
- Tax Incentives & Appropriations
- Press Releases
The U.S. Treasury Department and the Internal Revenue Service (IRS) released additional guidance on Friday on the energy communities bonus credit program.
Treasury Department, IRS Release Final Rules on Direct Pay Provisions
- Project Finance
- Tax Incentives & Appropriations
- Press Releases
Final rules on direct pay provisions were announced, and ACORE commends Treasury and the IRS for swiftly promulgating final rules on this vital tool.
ACORE Statement on Biden Administration’s Proposal for Guidance on Clean Hydrogen Production Tax Credit
- Project Finance
- Tax Incentives & Appropriations
- Press Releases
We are concerned with the lack of flexibility in the proposed rule in the Administration’s proposal on 45V guidance for the clean hydrogen PTC.
More than 100 Lawmakers Urge Banking Regulators to Revise Basel III Tax Equity Provisions to Not Imperil Clean Energy Transition
- Project Finance
- Tax Incentives & Appropriations
- Press Releases
Tax equity is a predominant source of financing in the U.S. renewable energy market, and it is critical that federal agencies clarify its risk weight.
ACORE Reflects on the One-Year Anniversary of the IRA
On August 16, 2022, President Biden signed the largest climate bill in American history – the Inflation Reduction Act (IRA) – into law, a landmark investment of $369 billion in climate and clean energy programs.
A year on, the IRA has made America the green envy of the world – but there’s more to do
The landmark bill has transformed sentiment among investors and developers to U.S. renewable energy but also laid bare challenges yet to be met, writes Gregory Wetstone.
Treasury Department, IRS Release Urgently Awaited Transferability and Direct Pay Guidance
- Project Finance
- Tax Incentives & Appropriations
- Press Releases
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released guidance today on two key provisions in the Inflation Reduction Act (IRA), transferability and direct pay.
New Survey: 100% of Renewable Investors Perceive U.S. Market Increasing in Attractiveness Compared to Other Leading Countries Post-IRA
A new analysis released today by the American Council on Renewable Energy (ACORE) assesses how the Inflation Reduction Act (IRA) is impacting the near- and mid-term outlooks of some of the most prominent investors and developers in the renewable energy sector.
ACORE Urges Texas Leaders to Maintain Business-Friendly Environment and Vote Down Anti-Renewable Legislation
- Project Finance
- Press Releases
In a letter sent today to top state officials in Texas, the American Council on Renewable Energy (ACORE), a national nonprofit organization with members that have invested tens of billions of dollars in energy infrastructure in Texas, urged the state legislature to avoid the passage of any legislation that would impose new costs and regulatory requirements on the renewable energy sector.
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