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AVANA Capital Provides $5.2 Million in Financing for Completion of Two Maryland Solar and Storage Projects
Convergent Energy acquired two solar projects (1.35 MW and 1.15 MW) in Maryland. At the time of acquisition, the EPC contract was already completed, and construction had already started through a construction loan from another bank.
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Commercial Solar Lease vs. Power Purchase Agreement – What’s the Difference?
It’s a common scenario: a business owner, school or municipality decides it wants to move to solar power. The reasons for that are usually varied. On-site photovoltaic (PV) generation is a great way to hedge against volatile electric utility bills and reduce one’s carbon footprint. But after doing a bit of homework, many decide that solar is too complicated, too costly, or complex to pursue in earnest.
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