Understanding "Beginning Construction" Under Section 1603
The Treasury Department recently issued a series of FAQs in an effort to clarify when projects will be treated as having “begun construction” for purposes of the section 1603 grant. As you may be aware, a project that otherwise qualifies for the grant but is not placed in service before the end of 2010 may still be eligible for the grant if construction on the project is begun in 2009 or 2010 and the project is eventually placed in service before the applicable “credit termination date.” The new FAQs address a number of the unanswered questions. However, the framework adopted by the Treasury Guidance and the new FAQs is complex, and there appears to be a considerable amount of confusion among developers about how the “beginning construction” requirement can be met. Therefore, we thought it important to issue this alert.
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Wisconsin Public Service Commission Presented Final Recommendations For Rule to Site and Permit Wind Farms
This week the Public Service Commission of Wisconsin (”PSC”) received a final report from the Wind Siting Council (”Council”) that outlined their recommendations to standardize statewide rules to site and permit wind farms. As required under 2009 Wisconsin Act 40 (”Act 40″), the PSC appointed the Council to research and discuss various wind energy siting issues and provide recommendations that the PSC will utilize as they work to develop final rules to site and permit wind farms.
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Wisconsin Public Service Commission Presented Final Recommendations For Rule to Site and Permit Wind Farms
Cross-Border Renewables — Baja to California
The high demand in California for electricity from renewable energy is creating opportunities for developers to build projects along the Baja peninsula in Mexico and then export the electricity across the border into California. However, such projects face a series of practical and economic challenges.
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Cross-Border Renewables — Baja to California