Covid-19 Relief Legislation to Have Extenders for Renewables

Last night, US Congressional leaders announced an agreement on a $900 billion COVID relief bill. While the text of the bill has not been released as of this writing, people familiar with the negotiations have indicated that the deal will extend renewable energy tax credits for wind and solar projects and the Section 45Q carbon capture tax credit, with special provisions addressing offshore wind farms.

Read more on Mayer Brown’s Tax Equity Times blog.