$200 million contract for largest pole-attached solar
Petra Solar, Inc., a provider of photovoltaic (PV) solutions
for utilities, will be producing 200,000 smart solar
systems for installation on PSE&G utility poles and
street light poles in the largest pole-attached solar
installation in the world, following the New Jersey Board
of Public Utilities approval of a new PSE&G program.
Petra Solar will also be creating more than 100 green
jobs in installation, research and development, operational
and manufacturing of the pole-mounted, grid-connected
solar PV system.
In a contract of about $200 million with PSE&G, Petra
Solar will make units for 200,000 poles in New Jersey’s
six largest cities and 300 rural and suburban communities
in PSE&G’s service territory. Over the 3 1/2 year
life of the contract, Petra will add the green jobs to
its employee base of 40-plus employees, most of whom
work in the company’s South Plainfield headquarters and
Petra’s SunWave system combines highly distributed, grid
connected photovoltaic generation and smart grid communications
capabilities. In addition it provides enhancement of
electric distribution grid reliability through a host
of functions such as voltage support.