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.
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.
Renewable energy trade groups have shown no indication that they will be able to stop a provision in the Senate tax bill which could curtail the benefit of wind and solar tax credits, as the legislation hurtles towards the deadline for the end of debate.
SEIA, ACORE and other groups are scrambling to get exemptions to the BEAT provision, a tax-regulation change that could make it difficult to monetize the ITC and PTC.
While there were many good indicators at ACORE’s 14th REFF Wall Street conference, there are worries around the Suniva Section 201 trade case.
SEIA, ACORE, AEE and AWEA express concerns that the former Texas Governor is starting his inquiry into grid reliability with a faulty premise by conflating coal and nuclear generation with reliability.
Under the terms of the agreement, expected to close in the fourth quarter, Recurrent Energy will lease the land from Landmark for four utility-scale solar PV projects.
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