This $70,972,123 Project Grant was awarded on January 15, 2025 by the U.S. Department of Agriculture Rural Utilities Service under the New Empowering Rural America (New ERA) Program (CFDA 10.758). The grant will assist the awardee, Golden Valley Electric Association Inc., an electric utility cooperative in Fairbanks, Alaska, in reducing greenhouse gas emissions and enhancing the reliability, resiliency, and affordability of its rural electric system. The funding will support a range of clean energy initiatives, including energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage projects. This grant is part of the New ERA Program's broader $9.7 billion funding approach under the Inflation Reduction Act to advance decarbonization and modernization of rural electric infrastructure across the United States.
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