From: Monty Bannerman [mailto:mbannerman@arcstarenergy.com]
Sent: Saturday, July 24, 2010 7:52 AM
To: Monty Bannerman
Subject: Fwd: AT&T Adds Petra Solar's Pole-Mounted Solar To Smart Grid
Offerings
Monty Bannerman
ArcStar Energy
646.402.5076
www.arcstarenergy.com
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-----Original Message-----
From: rvan@tnag.net
Subj: AT&T Adds Petra Solar's Pole-Mounted Solar To Smart Grid Offerings
Date: Fri Jul 23, 2010 8:52 pm
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To: "Monty" <mbannerman@arcstarenergy.com>
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/20715
07/21/2010 10:44 AM AT&T Adds Petra Solar's Pole-Mounted
Solar To Smart Grid Offerings SustainableBusiness.com News Petra Solar,
a company that makes hybrid solar and smart grid products for mounting on
utility poles, signed a strategic agreement with AT&T (NYSE: T). AT&T
will now offer Petra Solar products as part of its offerings to utility
companies. The deal is a major boost for Petra Solar, which occupies a
unique niche in the solar and smart grid industries. Petra Solar designs
and manufactures the first smart grid interactive solar electric system
specifically designed for installation on utility distribution poles. The
Utility Grade SunWave™ UP Series operate as individual power generation
stations, combine solar power, smart grid and power management technologies
to allow utility companies to simultaneously address Renewable Portfolio
Standard requirements and invest in a smart grid technology. Petra Solar's
systems operate on streetlight and uti
lity poles, connecting directly to the grid's secondary voltage lines at the
pole. Last July the N.J. Board of Public Utilities approved a contract
between Petra Solar and New Jersey's largest utility, PSE&G, to generate
40MW of power through SunWave solar systems installed on up to 200,000 poles
in New Jersey. The units are currently being installed throughout the
state's six largest cities and 300 suburban communities and will be running
on the AT&T wireless network. Last month Petra Solar announced a
manufacturing agreement with Flextronics (Nasdaq: FLEX). And in February,
the company raised $40 million in funding. AT&T is actively expanding its
smart grid offerings. The communications company last month signed a similar
agreement to offer smart grid technologies developed by the Current Group.
Michael Antieri, President of Advanced Enterprise Mobility Solutions at
AT&T, said: "This new relationship with Petra Solar marks another step into
integrating our wireless network
capabilities with the benefits of smart grid technology and the leading-edge
renewable energy solutions available today." Website: www.petrasolar.com
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