Merrill Kramer Authors Article in PV Magazine: Walking the Hazardous Line of Qualifying for the Brownfield Energy Tax Credit

The Inflation Reduction Act of 2022 (IRA) makes available several new financial incentives to encourage the installation of clean energy projects in economically stressed locations. The brownfield credit is available for wind, solar, geothermal, and other renewable power projects, as well as energy storage facilities, green hydrogen projects, and biogas manufacturing plants.

The brownfield credit is significant, so it’s important for developers to understand the definitions and rules to avoid any potential liability while also qualifying for the credit. Firm energy attorney Merrill Kramer has the details in PV magazine.

Merrill Kramer, an energy and project finance partner based in Pierce Atwood’s Washington, D.C. office, represents some of the most active and innovative players in the energy industry. He has advised Fortune 200 companies and other clients in the development and financing of over 80 energy and infrastructure projects representing more than $30 billion in invested capital.