We announce the publication of a guide to federal clean energy funding opportunities under the $787 billion American Recovery and Reinvestment Act (“ARRA”). Titled “Show Me The Money,” the guide reviews the various programs and potential sources of federal funding for clean energy companies and projects. The guide addresses funding opportunities under the
Renewable
$150 Million to Fund ARPA-E Transformation Energy R&D Projects
On April 27, 2009, the first Funding Opportunity Announcement (FOA) under the Advanced Research Projects Agency-Energy (ARPA-E) was announced offering up to $150 million to fund transformation energy research and development projects. These funds are part of the $400 million appropriated to ARPA-E under the American Reinvestment and Recovery Act. Individual awards of $500,000 to $20 million…
2009 Utah Legislation Sets Stage for More Renewable Energy in Utah
Legislators recently adopted legislation aimed at helping Utah stay competitive with surrounding states in the fast growing national clean energy movement. Five (5) bills dealing with renewable energy and energy efficiency passed with strong bi-partisan support. Three (3) resolutions, while non-binding, send strong messages to local governments and utilities that the legislature encourages, and wants to remove…
Tax and Project Finance Structuring Issues for Renewable Energy Projects
The key ingredient to any successful renewable energy project is financing. A central element related to finance is the maximum use of tax benefits. Please join me and my colleagues as we explore a range of issues that can impact the viability of a project’s financing, including: alternative legal structures, general costs and economics, debt…
Clean Energy Projects To Become Eligible for Washington State’s Energy Freedom Program
Washington State’s legislature has passed a bill expanding the Energy Freedom Program and the uses to which the Energy Freedom Account can be put. Previously, funds from the Energy Freedom Account could be applied to biofuels projects only, and appropriations from the Energy Freedom Account to a separate account – the Green Energy Incentive Account – could be…
MMS Finalizes Regulations for Renewable Energy Projects on the OCS
The Minerals Management Service (MMS) has issued its final regulations for renewable energy projects on the Outer Continental Shelf (OCS). Stoel Rives attorneys are reviewing the 579-page rule now and will provide further updates soon!
Client Alert – FERC and MMS Memorandum of Understanding on OCS Energy Development
As promised in a previous blog entry discussing the recently signed MOU between FERC and MMS regarding energy development on the Outer Continental Shelf, I’m attaching a link to the client alert prepared by my colleague, Cherise Oram, on the subject. Please contact us with any questions!
Green Power Express Receives Green Light from FERC
On April 10, the Federal Energy Regulatory Commission approved a request for various transmission infrastructure investment incentives submitted by Green Power Express LP (GPE), a transmission-only partnership that proposes to build a 765 kV "green superhighway" consisting of three interconnected loops in North and South Dakota, Minnesota, and Iowa. GPE’s proposal will also extend radially…
Upcoming Webinar: Four Primary Ways the Stimulus Bill will Impact the U.S. Wind & Biofuels Industries
Biofuels Journal and Wind Today Magazine are hosting this free webinar on April 14, 2009 at 2 p.m. Central Time.
Please join me and my colleague, Graham Noyes, as we discuss the Obama Administration’s economic stimulus package and how it will impact the wind and biofuels industries.
REGISTER HERE: https://www1.gotomeeting.com/register/244944960
There will also be…
FERC and MMS Reach Agreement on Offshore Renewable Energy
Today, Department of Interior Secretary Salazar and FERC Chairman Wellinghoff signed a Memorandum of Agreement (MOA) clarifying each agency’s jurisdictional responsibilities for siting renewable energy on the Outer Continental Shelf (OCS). The MOA should clear the way for wind, wave, tidal, ocean current, and solar energy projects on the OCS. My colleagues, including Cherise Oram…