SolarWindow Enters Into Agreement for Production of its Electricity-Generating Glass with Award-Winning Fabricator
Glass Tempering Furnace at Triview Glass Industries, producing fully tempered and heat strengthened glass, up to five times stronger and safer than untreated products.
Columbia, MD – August 29, 2017 – SolarWindow Technologies, Inc. (OTCQB: WNDW), developer of electricity-generating windows for tall towers and skyscrapers, is pleased to announce that the company has entered into an agreement for the fabrication of SolarWindow™ products with suburban Los Angeles-based Triview Glass Industries, LLC.
The prospect of generating electricity on commercial buildings, which consume nearly 40% of all electricity generated in the US, is made possible when transparent SolarWindow™ electricity-generating liquid coatings are applied to glass surfaces.
As the company’s select regional fabricator in North America, Triview Glass will work to fabricate specific SolarWindow™ electricity-generating glass products at commercial scale by integrating SolarWindow™ technologies into its manufacturing processes.
Commercial buildings are ideal customers for electricity-generating windows, which could reduce electricity demand by 30%-50% and provide a one-year financial payback, according to independently-validated engineering modeling for a 50-story building.
“I’m proud that we are the fabricator for this innovative electricity-generating glass technology by SolarWindow,” stated Mr. Alex Kastaniuk, President, CEO and Founder of Triview Glass Industries, LLC. “It’s especially rewarding to apply my 52 years of specialty glass experience to the fabrication of this brand-new innovation.”
“We’ve long awaited the opportunity to integrate SolarWindow™ technologies into commercial scale production, and I believe that our agreement with Triview puts us well on that path,” explained SolarWindow President and CEO, Mr. John A. Conklin.
Recently, the company achieved an important fabrication step leading to today’s announcement. SolarWindow™ electricity-generating coatings were successfully processed through the rigorous autoclave system for window glass lamination at Triview.
Layered with SolarWindow™ coatings, glass modules were subjected to the extremely high heat and pressure of autoclave equipment located at Triview. Despite the harsh conditions, subsequent performance testing confirmed that SolarWindow™ modules continued to produce electricity, paving the way for today’s announcement and eventual deployment of the company’s electricity-generating glass products.
SolarWindow investors, shareholders and interested parties are reminded of the company’s upcoming production update, to be released on September 7, 2017. To receive updates by email, please click here to subscribe.
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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