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September 2020


Passive activity loss limitation rules and solar project investment
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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INDUSTRY NEWS

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.

States are doing what big government won’t to stop climate change, and want stimulus funds to help
From Maine to California, states officials are working to help residents pursue a greener, more sustainable future. Most states and many rural areas in America have developed their own plans for reducing carbon emissions and moving away from fossil fuels as they maneuver—often aggressively—to address the threat of climate change.

Top 10 utility regulation trends of 2020—So far
COVID-19. Drama at FERC. Batteries and hydrogen. It’s been an extraordinary year for U.S. utility regulators, and it’s not over yet.

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.

BerryDunn
PO Box 1100 
Portland, ME  04101-1100  USA
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