On August 14, 2012, the Army Engineering & Support Center published the details of the pre-proposal conference for the final request for proposals that was issued last week (the "Final RFP"). The conference will be held on August 22, 2012 at the Redstone Arsenal Sparkman Center, Bob Jones Auditorium, Building 5300, Martin Road, Huntsville, Alabama 22202. Registration
OPT Receives 35-Year FERC License for Wave Energy Project in Oregon
On August 13, 2012, Ocean Power Technologies ("OPT"), received some fantastic news when the Federal Energy Regulatory Commission ("FERC" or "the Commission") issued a first-of-its-kind, 35-year license to construct and operate a wave energy project off the coast of Oregon to its subsidiary, OPT Reedsport Wave Park, LLC. Stoel Rives attorneys are pleased with the FERC order, having worked with OPT to negotiate and
Army Issues Final RFP for $7 Billion in Renewable Energy Contracts
On August 7, 2012, the U.S. Army Engineering and Support Center in Huntsville, Alabama issued its much-anticipated final solicitation for renewable and alternative energy utilizing power purchase agreements (PPAs) or other contractual equivalents (Solicitation Number W912DY-11-R-0036, the "Final RFP"). The draft RFP was issued on Friday February 24, 2012 and the Army has been in active discussion
UPDATE! Renewables Contracting with the U.S. Military
Below are a few important updates for those interested in opportunities to contract with the U.S. armed services for renewable energy:
NEW Solicitation for NAWS China Lake: On July 26, 2012, the Department of the Navy published a Request for Information (RFI) for the development of large scale renewable energy generation at Naval Air Weapons
Bill to Stabilize New Jersey Solar Market Signed into Law
On July 23, New Jersey Governor Chris Christie signed into law a bill which amends the state’s solar energy incentive program in an effort to increase the demand for solar renewable energy credits (SRECs), stabilize the market for SRECs, which has seen a substantial decline in price over the last year, and support the development
Further update on Expiring Provisions
As I mentioned in my post yesterday, sometimes a chairman’s mark will change just before the committee marks up legislation. Chairman Baucus’s did. Here is a description of the now-included PTC/ITC proposal:
Description of Proposal
The proposal extends and modifies the expiration dates for the renewable electricity production credit and the 30-percent investment credit
Follow up – Baucus and Hatch strike deal on expiring provisons
Earlier today, I reported that Senators Baucus and Hatch had agreed on a proposal to extend a package of expiring provisions. Details of that package have now been released here:
https://www.jct.gov/publications.html?func=startdown&id=4480
Unfortunately, it appears that extension of the PTC was not included. This does not preclude the Senate Finance Committee from adding it during its
Southwestern Public Service Company Seeks Renewable Energy
Southwestern Public Service Company (“SPS”), a subsidiary of Xcel, has issued a request for proposals to diversify its existing renewable energy portfolio in New Mexico. SPS is seeking, on an annual basis, approximately 88,705 MWh of “Other” renewable energy generation as defined by the New Mexico Public Regulation Commission Rule 572 NMAC (i.e., other than solar
Possible Agreement on Extension of Tax Provisions, including PTC
Senators Max Baucus and Orrin Hatch, chairman and ranking member respectively, of the US Senate Finance Committee, have just announced that they have reached agreement on legislation to extend certain expiring tax provisions. The bill will be marked up by the Finance Committee on August 2.
The details of the proposal have not been announced.
New Jersey Solar Energy Legislation Signed into Law
From my colleague Alex Mertens:
On July 23, New Jersey Governor Chris Christie signed into law a bill which amends the state’s solar energy incentive program in an effort to stabilize the market for solar renewable energy credits (SRECs) and support the development of solar projects within the state. Key features of the law