Factors to consider when using internal investigators.
November 2019
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While the solar carve out of the Investment Tax Credit has been a great incentive for taxpayers to invest in solar assets, sadly it can't last forever. As the phase-out begins in January, here are some safe harbor opportunities you can use to maximize your tax savings.
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Rodman CPAs is now BerryDunn
We've joined forces to enhance tax, assurance, and consulting services for our clients in New England and beyond.
BerryDunn's renewable energy team partners with clients at every stage, from start-up to IPO. We offer tax advisory, financial, and accounting services for cleantech companies involved in solar, wind, biomass, waste-to-energy, and energy-efficiency projects. Learn more.
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To meet renewable energy goals, Maine must take charge on big battery incentives
Maine's ambitious plans to cut greenhouse gas emissions by making a wholesale transition to renewable energy poses a fundamental question: What happens when the sun doesn't shine and the wind doesn't blow? The answer would have been elusive 10 years ago, but today there's an evolving solution: Strategically build storage, mostly with a new generation of lithium-ion batteries.
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Solar-energy storage gets a boost during California's wildfires
Widespread power shutoffs across the Golden State during peak wildfire season have spurred demand for what's called “solar-plus-storage” as a way for customers to keep their lights on. "Calling it an 'uptick' would be an understatement," said Barry Cinnamon, CEO of Cinnamon Energy Systems, a Silicon Valley-based solar company. Cinnamon said the level of inquiries has more than doubled and his company "had just about the best month ever" in its seven-year history.
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