New Energy’s Latest SolarWindow™ Coatings for Generating Electricity on See-Through Glass Lead to Increased Transparency and Improved Color
Columbia, MD – August 22, 2011 – New Energy Technologies, Inc. (OTCQB: NENE) today announced that researchers developing its SolarWindow™ technology, capable of generating electricity on see-through glass, have developed a first-ever working prototype using brand new electricity-generating coatings which lead to increased transparency and enhanced color –attributes important to consumer acceptance of a commercially viable product.
“Improved transparency and color of our SolarWindow™ coatings allows for the development of a consumer-popular product which generates electricity on see-through glass while mimicking the aesthetic look of today’s popular window tint and films,” explained Mr. John A. Conklin, President and CEO of New Energy Technologies, Inc. “I’m most pleased that our researchers are not only working towards functionality but an attractive SolarWindow™ as well.”
Researchers developing SolarWindow™ have successfully coated the glass surface of a working lab-scale prototype with newly-discovered, organic electricity-generating coatings comprised primarily of hydrogen and carbon. These new coatings favorably influence various electronic, electrochemical, and optical properties of SolarWindow™, essential to producing a highly transparent and aesthetically pleasing soft window tint and color.
“I’m proud of both our research and product development teams, who have accomplished numerous product performance, cost, manufacturing, and aesthetic goals, key to driving our SolarWindow™ towards production and eventual commercial launch.”
New Energy researchers have made many significant technical strides, culminating in inventions that are the subject of 10 new patent applications with the United States Patent and Trademark Office.
Among such SolarWindow™-related inventions is the discovery of novel coatings which remain see-through while generating electricity and can be sprayed on to glass surfaces. Unlike temperature and pressure sensitive manufacturing required in the production of other solar-photovoltaic products, New Energy’s electricity-generating coatings can be applied by spray at room-temperature — important to keeping manufacturing costs low.
Recently, researchers determined to investigate commercial applications beyond glass successfully generated electricity on flexible plastic using the Company’s ‘spray-on’ coating methods. Scientists sprayed the Company’s electricity-generating coatings onto flexible, lightweight lab-scale plastic (polyethylene terephthalate or “PET”) at room temperature and at low pressure. Scientists anticipate that commercially developed electricity-generating flexible plastic could be deployed as tinted window film, which remains see-through while generating electrical power.
Many of these patent-pending discoveries were collectively unveiled to mainstream media, scientists, academics, industry professionals, and investors late last year. Attendees witnessed New Energy’s SolarWindow™ prototypes in action, successfully producing sufficient voltage to power electrical lights and generating enough current to drive a mechanical device. During the demonstration, SolarWindow™ not only generated electrical power from exposure to sunlight but also from artificial fluorescent light – an attribute unique to New Energy’s SolarWindow™.
Scientists developing SolarWindow™ subsequently achieved a major research breakthrough, resulting in the fabrication of New Energy’s first ever 1’X1’ prototype – a necessary step for commercial scalability.
Currently under development for eventual commercial deployment in the estimated 85 million commercial buildings and homes in America, SolarWindow™ is the world’s first-of-its-kind technology capable of generating electricity on see-through glass windows.
SolarWindow Technologies, Inc. creates transparent electricity-generating liquid coatings. When applied to glass or plastics, these coatings convert passive windows and other materials into electricity generators under natural, artificial, low, shaded, and even reflected light conditions.
Our liquid coating technology has been presented to members of the U.S. Congress and received recognition in numerous industry publications. Our SolarWindow™ technology may generate 50-times the power of a conventional rooftop solar system and may achieve a one-year payback when installed on all four sides of a 50-story building, according to independently-validated power and financial modeling.
Power and Financial Model Disclaimer
The company's Proprietary Power Production & Financial Model (Power & Financial Model) uses photovoltaic (PV) modeling calculations, which 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 degrees 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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