green and sustainable business

Sunergy: Suntech, Petra Solar in alliance

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PetrasunwaveSolar firms Suntech Power Holdings and Petra Solar have joined forces with a plan to develop and market utility-grade pole mounted solar AC systems and AC module products.

Financial terms and the scope of the deal were not disclosed. In a joint statement they said their alliance will “target unique pole mounted allocations for utilities in the U.S. and the rest of the world.”

It’s a powerful match between two major players in the solar industry. Suntech, with regional headquarters in China, Switzerland and San Francisco, is the world’s leading manufacturer of crystalline silicon photovoltaic (PV) modules, and the South Plainfield, NJ-based Petra designs and manufactures intelligent utility-grade solar energy and smart grid systems.

In a statement, Dr. Zhengrong Shi, Suntech’s founder, chairman and CEO said: “We recognize that Petra Solar is the leader in the development of innovative utility grade, pole-mounted distributed PV systems. Their vision to create a market for intelligent solar energy systems attached to utility poles and streetlights, which combines distributed solar generation and smart grid technology, has great potential for Suntech.”

Dr. Shihab Kuran, founder, president and CEO of Petra Solar, returned the compliment: “Suntech’s global reach and well deserved reputation for market leading products provide compelling value to the utility market in the United States and around the globe. Suntech has the world’s largest crystalline silicon module manufacturing capacity and we look forward to expanding our market coverage to address all segments of the global utility market as a result of this alliance.”

Kuran says the collaboration will create a host of green jobs.

Petra’s SunWave utility grade solar AC systems are designed to mount quickly and safely to utility distribution and streetlight poles and deliver power directly to the grid. The systems consist of a high efficiency PV module and integral line voltage inverter with comprehensive communications and smart grid capabilities.

The company’s  AC Module has received CSA Certification according to UL standards. In addition, Petra received CSA Qualification for Witness Testing for its manufacturing facility in South Plainfield, NJ, where AC modules and systems will be manufactured.

Suntech says its Suntech’s patent-pending Pluto technology for crystalline silicon solar cells improves power output by up to 12 percent compared to conventional production methods.


Written by William DiBenedetto

9 June, 2009 at 4:06 pm

One Response

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  1. Thanks for posting, I’ll definitely be subscribing to your blog.

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