Over the last few years, the Alaska Energy Authority (AEA) has funded three utility-scale solar projects and one solar thermal project through the Power Project Fund (PPF) loan program and the Renewable Energy Fund (REF).
Willow Solar Farm — AEA financed Alaska based start-up company, Renewable Independent Power Producers (IPP) LLC, through its PPF loan program to provide the additional capital needed to expand an existing solar farm in Willow, Alaska. The now-1.2 megawatt facility, that began operations in December 2019, has expanded from a 140-kilowatt pilot project making it the largest utility-scale photovoltaic (PV) facility in the state. The facility, which will generate power to sell to Matanuska Electric Association, is expected to produce enough power for 200 homes and offset 2 million pounds of carbon dioxide each year. More information about the project can be found on Renewable IPP’s website here.