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When is Energy Storage Eligible for the 30 Percent ITC?

Near the end of 2015, the IRS quietly updated a little known rule on storage eligibility for the 30 percent Investment Tax Credit (ITC). The timing seemed odd, with the ITC about to expire, but the IRS must have been privy to what congress was about to do, in passing the Christmas Miracle of a five-year ITC extension at 30 percent.



Energy infrastructure companies, MLPs rally after new investments

NEW YORK, Feb 17 (Reuters) - Shares of energy infrastructure-related companies rallied on Wednesday following news of Warren Buffett's sizable position in Kinder Morgan and other new investments in the downtrodden sector.

UPDATE 1-S&P cuts Saudi Arabia, Brazil, Oman, Kazakhstan, Bahrain, spares Russia

LONDON, Feb 17 (Reuters) - Rating agency Standard & Poor's downgraded Saudi Arabia, Brazil Kazakhstan, Bahrain and Oman's credit ratings on Wednesday, in its second mass cut of large oil producers in almost exactly a year.

Williams shares pop as hedge funds pile in, ETE offer spread narrows

Feb 17 (Reuters) - William Cos Inc's shares continued their surge on Wednesday, having jumped by nearly a fifth this week, narrowing the spread of its takeover offer by rival pipeline company Energy Transfer Equity LP.

UPDATE 1-Gas company to be arraigned over Los Angeles area methane leak

Feb 17 (Reuters) - Southern California Gas Co is to be arraigned on criminal charges on Wednesday over a huge methane leak near Los Angeles that forced thousands of residents from their homes, officials said.

Brazil miner Samarco delivers new environmental plan for burst dam

SAO PAULO, Feb 17 (Reuters) - Brazilian iron ore miner Samarco Mineração SA, a joint venture of Vale SA and BHP Billiton PLC, delivered an updated environmental recovery plan on Wednesday following a dam burst that devastated a major river.

Brazilians clash after questioning of ex-President suspended

SAO PAULO, Feb 17 (Reuters) - Supporters and opponents of Luiz Inacio Lula da Silva clashed in street protests on Wednesday after the suspension of planned questioning in an investigation into a beach apartment that prosecutors say was given to the former president by a company involved in a major corruption scandal.

Q4 2015: The course of true love never did run smooth (for steelmakers)

Platts steel editors discuss the poor overall financial health of major metals producers in Q4 2015 and antidumping measures proposed by the US and issued by the EC.

S&P lowers Saudi Arabia's rating to 'A minus/A-2'

Feb 17 (Reuters) - Standard & Poor's cut its rating on the Kingdom of Saudi Arabia's long-term foreign and local currency sovereign credit to 'A minus/A-2' from 'A plus/A-1,' citing a fall in oil prices since the rating agency's last review of the country in October.

Magnitude 6.2 earthquake strikes off Indonesia -USGS

LONDON, Feb 17 (Reuters) - A 6.2 magnitude earthquake struck off Indonesia at 1726 GMT on Wednesday, the U.S.

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