IRS guidance: Retroactively claiming the 2020 Employee Retention Credit (ERC)
Recently, the Internal Revenue Service (IRS) released guidance under Notice 2021-20 clarifying how eligible employers who also received a PPP loan during 2020 can retroactively claim the ERC. It also formalizes and expands on prior IRS responses to FAQs and addresses changes made since the enactment of the Act. Get the details.
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Bills would require rooftop solar on Massachusetts buildings
Massachusetts legislators have filed two bills that would require rooftop solar panels to be installed on new residential and commercial buildings, and is viewed by many as a necessary step to successfully transition to renewable energy.
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Giant batteries coming to Maine to soak up, send out excess energy
Maine policymakers want to encourage projects like this one as another tool to help meet the state’s ambitious climate goals. One bill under consideration would set a target of installing 100 megawatts by 2025. But the market may demand even more storage capabilities, as the energy storage boom is set to accelerate nationwide.
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State approves East Windsor solar farm, largest in Connecticut, and the Northeast
The Connecticut Siting Council has approved the largest solar development in the Northeastern US, a 120-megawatt project covering 485 acres. Construction of Gravel Pit Solar could be finished in late 2022 or early 2023, state and local officials said.
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A better forecast for climate tech
Investors are putting money into innovative companies focused on sustainable energy. This new wave of interest in what has been renamed “climate tech” has lots of money flowing into a wide range of projects, products, and companies built to support sustainability on many fronts.
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Have questions?
Contact our renewable energy team
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