The City of Boulder, Colorado will offer solar grants and rebates around March, 2018 for nonprofits and homeowners.
In addition to the BEAT provision, finance experts say changes to the corporate tax rate and other elements in the tax reform bill will have multiple effects on profits from renewable energy projects, project finance, and the value of tax credits.
In this interview BNEF Senior Analyst Nathan Serota explains the details of the 80% offset under the new BEAT provision in the final tax reform legislation, and what this means for solar and wind finance.
The application of the BEAT provision has been dialed back, however the law adds new complexity and it is not clear how investors will react to the new system.
The funds from the transaction will be used to pay off $950 million in notes due in 2023.
The fate of the controversial “BEAT” provision and other potentially damaging measures to renewable energy finance remains unclear.
The credit ratings agency says that despite moves by the Trump Administration, the increasing competitiveness and predictable output of renewable energy still makes it a good bet.
In this interview, ACORE CEO Greg Wetstone gives insights into the political mobilizations to stop the BEAT provision and other changes to the tax bill that could impact renewable energy investment.
The cash infusion comes at a time when community and commercial solar projects need the money, and more states are looking to expand such programs.
In this interview with pv magazine, Gregory Jenner of Stoel Rives explains how he expects the BEAT provision to affect solar and wind finance – and what can still be done about it.
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