September 2020 |
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Passive activity loss limitation rules and solar project investment
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One of the most frequent questions we get from solar project developers is: “Will my investors be able to use the tax credits and the depreciation losses?” The answer, as with many things related to taxes, is “it depends.” One of the biggest hurdles is navigating the passive activity loss rules. While this is a fairly complicated topic, and includes a lot more of “it depends,” we’ll hit some of the major highlights here.
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NECEC Clean Energy Back to Work Challenge submission deadline extended to October 1st!
NECEC's Clean Energy Back to Work Challenge is a new initiative to highlight clean energy organizations that have successfully adapted their business practices amidst the ongoing COVID-19 crisis. Submit your best practices, pilots, and innovations to address the challenges presented by COVID-19. The Back to Work Challenge will culminate on November 12 with a new virtual awards ceremony recognizing solutions across five unique awards categories.
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Molecule to store solar energy developed
Researchers at Linköping University, Sweden, have developed a molecule that absorbs energy from sunlight and stores it in chemical bonds. A possible long-term use of the molecule is to capture solar energy efficiently and store it for later consumption.
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