In this chapter, (1) “board” means the board of directors of the corporation; (2) “corporation” means the Alaska Housing Finance Corporation created by this chapter; (3) “sustainable energy development” means (A) renewable energy generation from sources that are continually replenished by nature, such as the sun, wind, water, or biological processes; (B) building energy efficiency, including switching to renewable fuels and electrification; (C) electrical infrastructure incorporating (i) energy storage to support clean energy distribution, including remote and non-remote microgrids and smart grid applications; or (ii) sustainable technologies, including distributed generation, advanced battery, and combined heat and power; (D) clean transportation, including (i) electric vehicles powered by batteries, hydrogen vehicles, plug-in hybrid electric vehicles, and other zero-emissions vehicles for consumers, businesses, government, and public transit; and (ii) electric vehicle charging and fueling infrastructure; or (E) any greenhouse gas emissions reduction, energy efficiency, or zero-emission technology approved by the corporation.
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