|
Related Practices
Attorneys
View Attorneys
|
Renewable Energy Recent increases in the cost of fossil fuels, significant advances in renewable energy technology, and expanded tax and other incentives have combined to make renewable energy technologies a realistic alternative in many settings. The Energy & Environmental Group at Sullivan & Worcester provides the full range of skills necessary to ensure that a renewable energy project develops from the proposal stage into a completed project and continues as a viable market participant.
The viability of renewable energy technologies is greatly affected by regulation and policy development. We are intimately familiar with how regulation at all levels may affect project development. In addition, we have substantial experience with the environmental issues affecting renewable energy projects, including the siting of renewable and conventional energy projects, and thus can anticipate issues and formulate effective strategies to address them.
Representative Client Work
- Advised the City of New Orleans in establishing its energy efficiency program, “Energy Smart New Orleans” by helping to evaluate the feasibility of options including renewable credits, distributed generation from local solar and other renewable energy sources, green-building initiatives, consumer education and incentives, and the full range of available funding mechanisms, while working closely with the Department of Energy’s National Renewable Energy Laboratory
- Advised regarding the structuring of a financing by Cambridge Energy Alliance (CEA), a city-sponsored non-profit organization that is creating a program to significantly reduce energy and water use and CO2 emissions in Cambridge, Massachusetts. CEA is seeking to raise more than $100 million to provide loans to city residents, businesses and institutions to finance the installation of energy efficient measures in their residences and buildings in order to reduce on a city-wide basis energy and water consumption by a significant percentage
- Advised Konarka Technologies, a leading developer of polymer photovoltaic technology that provides a source of renewable power in a variety of forms for commercial, industrial, government and consumer applications, in a $50 million private placement arranged by Lehman Brothers.
|