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Tuesday, May 18, 2010

Surf's up!

It's official: the first wave of Funding Commitment Decision Letters will come out May 26th. That's later than in the recent past, but the wave will also be larger.

USAC says 40% of all the applications received will be in the first wave. Pretty impressive. They'll be approving over $400 million, which is a record.

Wait a minute: $400 million is what, maybe 15% of the total funding requested? So Solix is definitely looking at the small applications first.

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