New Jersey solar company looks to expand west
Petra Solar, a leading provider of renewable energy in New Jersey, has experienced great success in the state and company executives are looking to expand westward into the highly competitive California energy market, The New York Times reports.
The company has made a name for itself in the Garden State thanks to its solar panels used on streetlight poles and its integrated smart grid and power management solutions, according to Petra Solar's website. These solar power systems consist of highly efficient photovoltaic modules and integral line voltage inverters.
Petra Solar is looking to grow in California because they see the state's burdensome regulatory and litigious process regarding construction of renewable energy sources as an open door for business. Petra's streetlight-mounted solar panels are perfect, while large solar plants are deterred, says the company.
"We find ambitious and generous goals on the renewable front, but we also find major delays due to the siting and permitting of these large projects that are needed to meet the renewable portfolio standard targets. And that is where Petra Solar comes in," Petra Solar CEO Shihab Kuran told the news source.