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Statement of Dr. Shihab Kuran, CEO and President of Petra Solar

On Governor Chris Christie's Signing of Senate Bill 921 into Law

"This new law removes technical obstacles to the installation of solar systems in certain areas of New Jersey simply by recognizing that solar panels are elevated, and, as such, do not interfere with the absorption of stormwater. By excluding the surface area of the panels from the 'impervious surface' calculation, it prudently increases the number of locations solar systems can be installed and continues to solidify New Jersey as a leader in renewable and solar policy."

About Petra Solar:
Petra Solar, founded in 2006 by CEO and President, Dr. Shihab Kuran, is the pioneer of SunWave™, a grid tied, pole mounted, distributed solar generation system. The SunWave™ system combines solar energy with smart grid communications and electric grid enhancement functions to create a comprehensive utility grade solution for utilities. Petra Solar's success is the culmination of more than 16 years of research and development. For more information about Petra Solar visit www.petrasolar.com.

For media queries: Becky Taylor, becky.taylor@petrasolar.com