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NJTC Picks Petra Solar as Clean/Green Co.

SOUTH PLAINFIELD, NJ-The locally based cleantech company picked up the 2009 honor based largely on its SunWave technology.

By Alyson Grala | Updated on January 04, 2010

SOUTH PLAINFIELD, NJ-New Jersey Technology Council has selected Petra Solar, a South Plainfield based cleantech company, as the winner of the Clean/Green Company of the Year Award. The selection was based upon key considerations including Petra Solar’s unique SunWave technology that combines distributed solar generation with smart grid capability and grid quality enhancement functions. Other considerations included the company’s impact on the industry, contribution to industry standards, success in the marketplace and growth rate.

“Our goal at Petra Solar is to create and grow green jobs as we export products across the nation and around the world,” Petra CEO and president Shihab Kuran said in a statement. “Support from the state’s technology community is very important to a cleantech start-up such as ours.”

It goes almost without saying that this has been a difficult year for all of us in the technology community, admits the New Jersey Technology Council president and CEO Maxine Ballen. “We, at the NJTC, see the glass as more than half full and look forward to a year of growth ahead. We know that Petra Solar is deserving of this Gala Award and are excited to watch this company as it continues to be an innovative leader in New Jersey.”

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