In recent years, offshore wind costs have tumbled, leading to significant potential growth in the industry. However, US offshore wind developers setting up their supply chains need to be prepared to navigate a complicated regulatory scheme involving overlapping federal and state laws, and adequately protect themselves with contracts that reflect the unpredictability of building wind … Continue Reading
The U.S. Internal Revenue Code will continue to provide tax incentives for renewable energy. On December 18, 2015, President Obama signed the Consolidated Appropriations Act, 2016 (“Act”), which sailed through both the U.S. House of Representatives and the U.S. Senate. The Act renews tax credit programs for both wind and solar electricity generation for a … Continue Reading
