Congress yesterday passed the American Taxpayer Relief Act of 2012 (the Act), which averted the so-called “fiscal cliff.” The President is expected to sign the Act shortly. The Act includes a number of energy-related tax provisions, including a one-year extension and modification of the production tax credit under Section 45 of the Internal Revenue Code … Continue Reading
PG&E announced today that it expects to issue its Renewable Auction Mechanism (RAM) RFO on May 1, 2012. Offers under the RAM RFO will be due no later than 12:00 noon (PPT) on May 31, 2012. PG&E will host a Bidders’ Conference at the company’s headquarters on May 16, 2012, from 1:30 PM to 3:00 … Continue Reading
Pacific Gas & Electric Company (PG&E) announced today that it expects to issue its 2012 Solar Photovoltaic PPA RFO (“PV PPA RFO”) in late March or April . PG&E’s goal in this second round of the RFO is to procure 50 MW of new PV generation. Two of the eligibility requirements of the PV PPA RFO are (1) … Continue Reading
