Yearly Archives

2024

Orsted secures $680M JPMorgan support for Danish solar projects

TL/DR - Orsted, a Danish renewable energy developer, has received a $680 million investment from JPMorgan for two US projects. The funding, facilitated by tax equity financing, will go towards the Eleven Mile Solar Center in Arizona and the Sparta Solar project in Texas. The Inflation Reduction Act, a key component of the Biden Administration's…

IRS Finalizes Transfer Rules for Inflation Reduction Tax Credits

TL/DR - The Internal Revenue Service (IRS) has released final regulations regarding the transfer of certain tax credits under the Inflation Reduction Act (IRA) of 2022. Taxpayers can now elect to transfer all or part of their eligible tax credits to an unrelated taxpayer for a specific year, where the recipient then becomes the taxpayer for the…

Brave Disabled Man Battles to Protect Trees from ADA Sidewalk Construction

TL/DR - In Asheville, North Carolina, a physically disabled man is protesting the city's decision to remove more than a dozen trees as part of a sidewalk accessibility project. The city's $300,000 federally funded project to repave two blocks of sidewalk on Patton Avenue near Coxe Avenue to make it more accessible is seen as necessary to comply…