According to a study released by the Brattle Group Texas is on pace to rely more heavily on natural gas, wind and solar energy in the coming decades — and much less on coal. That’s regardless of how judges rule in battles over federal regulations meant to speed the shift toward cleaner-burning electricity sources, according [...]
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Congregation Beth Israel in Austin recently closed on the first PACE loan in Texas to finance installation of two new chillers, a boiler and thin film on all its windows. Family Eldercare in Austin recently closed on the second PACE loan in Texas to finance a total roof replacement with a cool roof and the [...]
The Alamo 5 solar farm in Uvalde officially joined the state's power grid. The facility is capable of generating enough electricity to power 15,000 homes. The Alamo 5 solar farm was built using using parts made in San Antonio and is located on a 990-acres. Read more about Alamo 5.
Apex Clean Energy has acquired the Sugar Creek Wind One project from American Wind Energy Management Corp (AWEM), a wind project with a potential to support 175 MW of capacity in Illinois. Read more about the purchase of Sugar Creek Wind One.
First Reserve, has acquired the Mariah del Norte power project from Mariah Acquisition. Upon completion, Mariah del Norte is expected to generate 230 MW of wind power, serving the high-demand ERCOT market in Parmer County, Texas, with a 13-year, fixed price hedge for its power production. The project will also construct and own a 27 [...]
PACE (Property Assessed Clean Energy) is a financing program recently approved in Texas that enables commercial, industrial, large multi-family, and agricultural property owners to obtain low-cost, long-term financing for water conservation, energy-efficiency, and renewable energy projects. Participants repay loans through a property assessment imposed by the local government at the request of the property owner. [...]
A unanimous Supreme Court ruled that that federal courts have jurisdiction to hear various taxpayers' challenge to a Colorado internet tax law. Online retailers challenged the law as a violation of the Constitution's Commerce Clause. After an initial victory in federal district court, the federal appeals court ruled that the lawsuit should have been filed [...]
On Tuesday, February 24, the Texas Senate unveiled its proposed tax relief package worth approximately $4.6 billion. Among the changes proposed by the Senate are Senate Bills 7 and 8, both of which would affect the Texas franchise tax. Senate Bill 7 would permanently reduce the franchise tax rate from 1% to 0.85% (and from [...]
Prepared By Alan Cohen. The EPC (engineering, procurement and construction) contracting model frequently is used for renewable energy projects because it establishes a single point of responsibility for issues bearing on time, cost and quality. An EPC contract normally includes detailed performance specifications and guarantees, along with a guaranteed completion date. In the event of [...]
The law firm of Stahl, Bernal, Davies, Sewell & Chavarria is pleased to announce that Jennifer Goodwillie has joined the firm as an associate. Jennifer joined the firm in 2014. She practices in the firm’s Renewable Energy, Commercial Real Estate, and Natural Resources & the Environment practice groups. Prior to joining the firm, Jennifer worked [...]