Navigating Prohibited Foreign Entity Restrictions in Clean Energy Tax Credits: An Analysis of IRS Notice 2026-15

Executive Summary The One, Big, Beautiful Bill Act, which is commonly known as OBBBA and was enacted on July 4, 2025, introduced significant restrictions on clean energy tax credits under Internal Revenue Code Sections 45X, 45Y, and 48E to limit involvement from Prohibited Foreign Entities, or PFEs. IRS Notice 2026-15 provides interim guidance on these … Read more

Project Labor Agreements in the Context of Section 48 and 48E Investment Tax Credits: Enhancing Compliance with Prevailing Wage and Apprenticeship Requirements

Executive Summary The Inflation Reduction Act (IRA) of 2022 has significantly expanded tax incentives for clean energy projects through enhancements to the Investment Tax Credit (ITC) under Sections 48 and 48E of the Internal Revenue Code. A key feature of these incentives is the opportunity for taxpayers to claim a fivefold increase in the credit … Read more

2025 NREL Geothermal Market Report: Key Insights for Owners, Developers, and Engineers

As we kick off 2026, the clean energy landscape is heating up—literally. The National Renewable Energy Laboratory (NREL) just dropped their 2025 U.S. Geothermal Market Report, and it’s packed with data confirming what we’ve been seeing on the ground: geothermal energy has one of the strongest long-term runways in renewables. But success hinges on smart … Read more

Why ITC Success for Geothermal and Storage Projects Is Won or Lost Before Construction Starts

For years, the Investment Tax Credit was treated as something handled after a project was designed, built, and placed in service. That approach no longer works. Under the Inflation Reduction Act and clarified further under OBBBA, geothermal and energy storage projects sit at the center of ITC opportunity. They also sit at the center of … Read more

Navigating Apprenticeship Requirements Under the Inflation Reduction Act: Compliance, Penalties, and Remedies

Executive Summary The Inflation Reduction Act (IRA) of 2022 introduced prevailing wage and apprenticeship (PWA) requirements to qualify for enhanced tax credits and deductions in clean energy and other qualifying projects. These requirements aim to promote skilled labor development while ensuring fair compensation. This white paper focuses on the three key apprenticeship requirements—Apprenticeship Labor Hour … Read more

Walker Reid Strategies and Blue Energy Group Merge to Form Walker Blue, LLC

Merger creates one of the nation’s largest energy tax incentive and engineering firms, expanding capabilities to meet growing market demand Boca Raton, FL and Louisville, KY — Walker Reid Strategies and Blue Energy Group, two nationally recognized leaders in energy tax incentives, will merge to form a new company: Walker Blue, LLC. Walker Blue, LLC … Read more

Are energy tax credits at risk?

Blue Energy Group’s Response to President Trump’s Energy Executive Order by: Blue Energy Group The energy tax credits that were made available by the Inflation Reduction Act (IRA) are now under question, as many are trying to figure out if funding for the tax credits will be paused or eliminated following the announcement of President … Read more

Josh Howes, CEO, Talks Energy Incentives on Reframe Podcast

Show Summary: In episode 5 of Reframe, show host Jeff Nichols explores the intersection between the designers of energy-efficient buildings and the accounting teams who process the energy tax deductions and credits. Who sits in the middle to provide a bridge between these functions and why is their role so critical? You’ll meet Josh Howes who … Read more

Will Trump and the Republicans Repeal the Inflation Reduction Act?

by: Josh Howes, CEO December 1, 2024 This is a question that I have been asked many times since the election in November. It’s a legitimate question that has thousands of projects and hundreds of billions of dollars riding on the answer. Trump pledged back in September to “terminate the Green New Deal” and “rescind … Read more

Blue Energy Group Expands Team and Services

Energy Tax Credit and Cost Segregation Expertise added nationwide LOUISVILLE, KENTUCKY, July 10, 2024 Blue Energy Group, the Louisville-based company specializing in energy tax incentives, announced today that Charles Duncan has been hired as the Managing Director of Cost Segregation and Peter Randolph has been hired as the Vice President of Business Development. These new roles … Read more

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