Renewable energy advocates will try again at next year’s legislative session to win approval for extending the life of the state’s Renewable Energy Fund and creating a “green bank” to help finance clean-energy projects.
The Renewable Energy Fund (REF) provides grants for renewable energy projects via a competitive process. The fund was established in 2008 with an initial investment of $100 million, plus additional deposits over the years.
The program ends in 2023, unless extended by lawmakers. Legislators convene in Juneau on Jan. 17.
Over 100 REF-funded projects are currently in operation and...
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