Newest MotionPower™ energy harvester prototype completed; Prototype to undergo important field tests at drive-thru at prominent Burger King® franchise in the New York metropolitan area.
Burtonsville, MD – July 6, 2009 – New Energy Technologies, Inc. (Symbol: NENE), a next-generation alternative and renewable energy developer, today announced that engineers have completed development of the Company’s newest MotionPower™ prototype for generating electricity from the movement of cars and light trucks, and will now undertake active field tests of the device at a drive-thru located at a prominent Burger King® franchise in the New York metropolitan area.
“I’m proud to announce that our engineering team has successfully completed our newest, ultra-low profile, modular, second-generation MotionPower™ prototype. We’re eager to field test the device in a real world setting as part of our ongoing efforts to aggressively engineer, test, refine, and ultimately, commercially launch America’s first active roadway energy capture system of its kind,” explained Mr. Meetesh V. Patel, Esq., President and CEO of New Energy Technologies, Inc.
The Company announced plans to initiate durability testing of its MotionPower™ prototype device at quick-service giant, Burger King’s, prominent franchise restaurant in the New York Metro area. Located in Hillside, New Jersey, the Burger King outlet is owned and operated by entrepreneurs, Mr. Andrew Paterno and Mr. Michael Wallstein. Mr. Paterno and Mr. Wallstein own and operate twelve Burger King restaurants in the New York Metro area.
“It’s very exciting to be involved in the early testing and development of a brand new technology designed to generate electricity from the motion of vehicles. More than 150,000 cars drive through our Hillside store alone each year, and I think it would be great to capture the wasted kinetic energy of these hundreds of thousands of cars to generate clean electricity,” stated Mr. Paterno.
Engineers have designed and built New Energy’s latest MotionPower™ prototype as an ultra-low profile, modular device which can be easily customized to varying lengths based on site requirements. Once fully optimized for efficiency, engineers envision New Energy’s MotionPower™ device for cars and light trucks could be installed at high traffic locations such as toll booths, traffic intersections, rest areas, travel plazas, border crossings, neighborhoods with traffic calming zones, and drive-thrus similar to the Burger King® test site.
Last month, the Company announced plans to expand its product range with development of a brand new fluid-driven MotionPower™ energy harvester for heavy trucks and vehicles, complimenting the Company’s newly-prototyped mechanical MotionPower™ system for cars and light trucks.
New Energy also announced recently that the Company has filed nine new patent applications with the United States Patent and Trademark Office (USPTO) in order protect novel features of its MotionPower™ technology for generating electricity from the kinetic energy of moving vehicles.
New Energy engineers have developed MotionPower™ technologies, designed to generate ‘clean’ electricity by harnessing the kinetic energy of the estimated 250 million registered vehicles which drive more than 6 billion miles on America’s roadways every day.
SolarWindow Technologies, Inc. is a developer of next generation, transparent electricity-generating SolarWindow™ coatings.
SolarWindow™ coatings generate electricity on see-through glass and flexible plastics with colored tints popular to skyscraper glass. Unlike conventional systems, SolarWindow™ can be applied to all four sides of tall towers, generating electricity using natural and artificial light conditions and even shaded areas. SolarWindow™ uses organic materials, which are dissolved into liquid, ideal for low-cost high-output manufacturing; and is the subject of a patent pending technology.
The company’s Proprietary Power Production & Financial Model (Power & Financial Model) uses photovoltaic (PV) modeling calculations that are consistent with renewable energy practitioner standards for assessing, evaluating and estimating renewable energy for a PV project. The Power & Financial Model estimator takes into consideration building geographic location, solar radiation for flat-plate collectors (SolarWindow™ irradiance is derated to account for 360 degree building orientation and vertical installation), climate zone energy use and generalized skyscraper building characteristics when estimating PV power and energy production, and carbon dioxide equivalents. Actual power, energy production and carbon dioxide equivalents modeled may vary based upon building-to-building situational characteristics and varying installation methodologies.
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