Energy
Solar power cheaper than gas Renewable IPP, a startup, began operations at its 1.2 megawatt solar energy facility on a 17-acre tract near Wasilla in the Matanuska-Susitna Valley. The company had earlier built a 140-kilowatt pilot project. Construction of the $1.5 million project was half-financed with private investment and half from the Alaska Energy Authority’s power project revolving loan fund, which helps finance power development. Matanuska Electric Association signed a 30-year contract to buy power at 5 to 6 cents…