New Energy Appoints Global Technology Development Expert to Board of Advisors
Columbia, MD – August 5, 2014 – New Energy Technologies, Inc. (OTCQB: NENE), developer of see-through SolarWindow™ coatings capable of generating electricity on glass and flexible plastics, is pleased to announce the appointment of Mr. Curtis Watkins, an energy advocate with deep industry ties and experience promoting the energy economy through leading initiatives, and connecting and collaborating with energy companies and professionals, to the Company’s Board of Advisors.
Mr. Watkins currently works in the Emerging Technology Office at Duke Energy, where he is responsible for testing and verifying new technologies that have the potential to become part of a new emerging energy portfolio of solutions. He works with a range of technologies, from smaller-scale applications for individual homes, to larger-scale grid technologies and distributed energy resources. Prior to his joining the Emerging Technology Office in 2010, Curtis worked in the IT area developing secure solutions to allow 3rd party vendors access to sensitive, internal data.
Mr. Watkins not only works with one of the United States’ largest utilities, but began his career as an entrepreneur, helping build a high-tech startup focused on mobile technology solutions aimed at improving municipality process and procedures for code enforcement operations, and also starting an energy incubator program, CLT Joules, as a way to combine his passion for energy technology and entrepreneurism. Through his leadership, the CLT Joules program has raised significant corporate sponsorships to fund the operations and taken in 9 energy companies as part of the program, donating professional service work to energy innovators and small businesses to further their development. CLT Joules was noted by then Duke Energy CEO Jim Rogers as “one of the top 3 energy developments in Charlotte” in 2012.
“I’m pleased to have Curtis as a member of our Advisory Board team,” stated Mr. John A. Conklin, President and CEO of New Energy Technologies, Inc. “Curtis is a proven entrepreneur and energy professional. As we continue to develop our SolarWindow™ technology toward commercialization, we look forward to utilizing his experience with driving innovative technology solutions in the utility and municipal energy industries, and guidance in the development of strategic partnerships.”
Mr. Watkins also serves on the University of North Carolina at Charlotte’s Energy and Infrastructure Production Center (EPIC) Implementation Committee as well as on the Emerging Technologies Coordinating Council (ETCC) Advisory Council. Curtis was named by the Charlotte Business Journal to the top ‘Forty Under Forty’ for 2013 and was the Young Professionals in Energy ‘Person of the Year’ for the Charlotte chapter in 2011. He holds a B.S. in Business Administration from the Virginia Commonwealth University.
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 and flexible plastics.
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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