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Inflation Reduction Act
ICLG: UK Renewable Energy Law and Regulations 2022
United Kingdom 1. Overview of the Renewable Energy Sector 1.1 What is the basis of renewable energy policy and regulation in this jurisdiction and is there a statutory definition of ‘renewable energy’, ‘clean energy’ or equivalent terminology? The Promotion of...
PF in the Early Stages of Hydrogen
Hydrogen, and especially green-hydrogen, is the current buzz word of the energy transition. The long-term theoretical potential of green hydrogen to be a major part of the energy transition and help decarbonise the planet is undeniable. However, the abundance of...
Anti-Concealment in the Kingdom of Saudi Arabia
The Saudi Ministries of Commerce and Justice, and the Zakat, Tax and Customs Authority (collectively the “ Saudi Authorities ”) have recently and significantly beefed up their approach to parties breaching anti-concealment legislation in the Kingdom, i.e. foreign entities unlawfully...
SEC Is Still Cyber Serious About Disclosures
On the heels of the First American enforcement action and settlement , this week, the SEC announced a settlement with Pearson plc in connection with a 2018 cyber breach. The SEC disclosed that Pearson, a London-based educational company, agreed to...
Sustaining the Green Energy Revolution
As greenfield renewable energy developments accelerate in size and volumes, while potential investors begin to rumble about sky-high prices in the renewables secondary market, questions are being asked whether a bubble is forming. We consider (on the back of our...
Liquidated Damages in the Context of a Termination: Supreme Court Reverts to the Status-Quo
The English Supreme Court has delivered its long-awaited judgment in Triple Point Technology, Inc v PTT Public Company Ltd [2021] UKSC 29 . Although the case concerns a commodity trading software system, it has broad application, notably to the construction...
ESG Seminar: Legislative Developments, International Approaches and Finance
ESG-Related Legislative and Regulatory Developments - Scott Segal & Jason Hutt International Convergence on Approaches to ESG Assessment, Reporting, and Expectations The Emerging Role of ESG in Corporate Valuation and Finance - Fernando Rodriguez Marin Wednesday, June 16, 2021 8:30...
UAE and Israel Sign Tax Treaty
On Monday, 31 May 2021, the UAE and Israel signed a tax treaty in order to boost economic cooperation. It is expected that, following ratification later this year, the treaty will come into effect on 1 January 2022. The move...
Region Mulls Impact as China Solar Sanctions Loom
Article originally appeared in MEED on June 3, 2021 A major development in Middle Eastern solar over the past two years has been the influx of Chinese engineering, procurement and construction (EPC) contractors and suppliers into the sector. Developers have...
EEOC Issues Guidance Confirming Vaccine Incentives are Lawful, Among Other Updates
Earlier today, the Equal Employment Opportunity Commission (EEOC) issued its long-awaited guidance concerning the permissibility of employer vaccination incentive programs and, at the same time, provided further guidance related to other vaccination questions. EEOC Gives Okay to Incentive Programs -...
How To Enhance Your Company's Efforts To Recruit A More Diverse Workforce Without Creating Risk of a Successful Legal Challenge
Businesses today are more focused than ever on building a more diverse workforce and inclusive corporate culture. At the same time, management and human resource professionals often worry that their enhanced efforts at diversity and inclusion could draw charges of...
Construction Disputes in Project Financing: Managing Conflicts of Interest Between Project Parties
Article originally appeared in the May 2021 issue of Project Finance International Introduction Project finance structures commonly involve project parties, such as construction contractors, suppliers, offtakers and O&M contractors, who are affiliated to a sponsor or help secure debt for...
100 Days in 60 Minutes
The conversation will cover the Biden administration’s first 100 days and the challenges and opportunities that lie ahead. Tune in for topics including finance and tax, trade, technology and environmental justice. The event will begin with opening remarks from PRG...
Battery Storage Vision in the UK
Article originally appeared in the April 2021 Project Finance International Global Energy Report Despite the challenges of 2020, notable regulatory steps have been taken in the United Kingdom to accelerate the growth in battery storage projects – with more expected...
Crisis Management for Utilities: Lessons Learned from the Pandemic
Article originally published in the May 3, 2021 issue of Power Magazine The COVID-19 pandemic has created unprecedented challenges for business. Utilities have had to quickly overcome the challenges associated with this crisis, without letting critical services such as heat...