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Petra Solar and Enviromena Announce Partnership to Develop Solar and Smart Grid in the Middle East and North Africa
January 16, 2012
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Petra Solar and Enviromena Power Systems today announced an alliance agreement that enables the two market leaders to develop solar and smart grid projects in the Middle East and North Africa (MENA). Combining Petra Solar's smart energy technology with Enviromena's expertise in development of renewable energy projects in MENA is seen as advancing the growth of solar and smart grid in the region.
"Collaborating with Enviromena, the leading developer of solar projects in the Middle East and North Africa, will facilitate the international expansion of our products and business development in the region," said Dr. Shihab Kuran, President and CEO of Petra Solar. "Enviromena has an impressive list of completed projects including the Masdar 10MW Power Plant and has the largest installed capacity of any solar developer in the Middle East and North Africa."
Petra Solar is the pioneer of an innovative approach that is designed to couple solar with smart grid technology to generate clean, safe renewable energy while making the electric infrastructure more stable, efficient and energy independent. The platform is designed to be scalable to future smart grid applications, including energy efficiency, energy conservation and smart microgrids. The approach is intended to build large-scale solar in a reliable fashion that avoids future costs of rebuilding the grid.
"Petra Solar's unique technology greatly expands our portfolio of photovoltaic solutions available to the MENA region," said Sami Khoreibi, CEO of Enviromena. "We see a large market here for distributed solar applications, particularly where smart grid initiatives are taking place."
Petra Solar will be a participant in the Project Village during the 2012 World Future Energy Summit in Abu Dhabi, January 16th - 19th. The company will be showcasing their 40 MW project with Public Service Electric & Gas of New Jersey, the world's largest distributed solar project.
Source: Petra Solar
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