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EL MONTE, CA-Cathay Bank is installing 2,128 solar panels at its L.A. corporate center at 9650 Flair Dr. and expects to reduce energy costs by 40%, or about $9000 per month. The bank has awarded the contract for the job to Los Angeles-based PermaCity Solar, which will design and construct a 432.5-kilowatt solar electric system atop a custom-engineered carport. The solar panels, from PermaCity Solar’s partner Sch

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