Sustainable Energy & Infrastructure

Read about possible further delays in the issuance of the SEC’s proposed climate disclosures rule and a Florida anti-ESG bill recently signed into law by Governor DeSantis.

Read about ZwitterCo, which received the 2023 Breakthrough Technology Company of the Year award — one of the 2023 Global Water Awards.

Learn about upcoming energy industry events, including Post Script Media’s upcoming inaugural conference on June 15, Transition AI: Boston.

Read about Department of Treasury and IRS guidance regarding qualification for the 10% domestic content tax credit available to certain renewable energy projects under the Inflation Reduction Act of 2022 (IRA).

Read about proposed legislation in Texas that would impose extensive new fees and requirements on solar and wind energy generators if enacted into law.

Read about developments in connection with a Department of Labor rule concerning ESG investing and the SEC’s continued focus on ESG issues.

This issue of Energy & Sustainability Connections includes features on Inflation Reduction Act takeaways for the clean energy sector, a roundup of recent M&A activity, Mintz’s work on a deal for Logical Buildings, energy policy news from Washington, reports on litigation developments, and a list of upcoming industry events.

Learn about upcoming energy industry events, including the Wood Mackenzie Event: Edinburgh New Energies Briefing The Route to Net Zero.

Read about recent M&A activity in the energy and sustainability space, including Mintz’s work to help Logical Buildings close a novel energy efficiency–financing vehicle and Maddox Defense’s acquisition of renewable energy services company Apollo 3 Energy.

IRA Update Section 45X & Section 48C

Our April 2023 Energy & Sustainability Washington Update covers a significant energy package being advanced by House Republicans, the Treasury Department proposing new guidance on the Inflation Reduction Act EV Tax Credit, the first-ever national Offshore Wind Energy Strategy, EV investments, climate change and cyberattack legislation, hydrogen infrastructure, IRA and Bipartisan Infrastructure opportunities. 

Read about Boston Metal, a company developing technology to fully decarbonize steel production, and the company’s $120 million Series C fundraising round from ArcelorMittal in January 2023.

Read about developments in connection with the SEC’s proposed ESG disclosures rule focused on climate-related disclosures, including three California bills concerning ESG financial disclosures and investing.

Read about recent M&A activity in the energy and sustainability space, including RWE Renewables Americas’ $6.8 billion acquisition of Con Edison Clean Energy Businesses, a subsidiary of Consolidated Edison.

Read about Darling Ingredients and Valero Energy’s investment decision on a sustainable aviation fuel (SAF) project, Toyota being awarded more patents than any other automaker by the USPTO in 2022, and Tigo Energy’s patent litigation to protect its innovations.

Learn about upcoming energy industry events, including the International Partnering Forum (IPF) Offshore Wind Conference.

The European Patent Office (EPO) and International Energy Agency (IEA) have now released “Hydrogen Patents for a Clean Energy Future” – a comprehensive report on innovation in clean-energy hydrogen technologies over the past two decades according to global patent filings. Patents remain strong indicators of innovation activity and the state and direction of science. The report provides a unique look at where green hydrogen investment has been focused and where it are heading based on international patent families (“IPFs”). According to the report, IPFs are reliable proxies for inventive activity as each represents an invention having value sufficient for seeking protection across multiple patent offices.

Our March 2023 Energy & Sustainability Washington Update covers a significant energy package being advanced by House Republicans, the US-UK Strategic Energy Dialogue, ARPA-E Funding for Grid Reliability and Resiliency, and new Bipartisan Infrastructure Law & Inflation Reduction Act opportunities.