New Energy Technologies, Inc. (OTCQB: NENE), developer of the
world’s first-of-its-kind, see-through technology capable of
generating electricity on glass and flexible plastics, announced
today that the Company has successfully achieved a total of 21 new
patent filings for protection of its proprietary SolarWindow™
technology, more than doubling the portfolio in only 12 months.
“Our technology has the capacity to turn ordinary glass windows
in America’s 5 million skyscrapers and commercial towers into power
generators -- a huge commercial opportunity,” explained Mr. John A.
Conklin, President and CEO of New Energy Technologies, Inc.
“As we continue to make important strides towards commercial
manufacturability of our SolarWindow™, it is becoming increasingly
important to ensure that various patent protections are secured
immediately.” New Energy’s patent filings include a combination of
US and international jurisdictions, and cover various methods,
materials, and product implementations.
Novel to the Company’s technology is its ability to generate
electricity on various surfaces when electricity-generating
coatings are sprayed or otherwise applied at room temperature, thus
lowering production costs and manufacturing time.
Important SolarWindow™
Features
- Generating Electricity on Glass
Windows and See-Through Films
- SolarWindow™ generates electricity and
remains see-through on glass windows and plastics similar to
commercially-available window tint films. Conventional ‘thin film’
and solar photovoltaic (PV) panels are dark and obscure, nearly
impossible to see through.
- Spray-On Electricity-Generating
Power Plants
- SolarWindow™ electricity-generating
coatings can be applied using various low-cost production methods,
and can even be sprayed on to glass and plastics. This cannot be
achieved with traditional PV manufacturing methods.
- Lower Cost, Room Temperature
Production
- SolarWindow™ processing can be
performed at room (ambient) temperature and pressure, unlike
conventional thin-film PV, which typically requires high
temperature and pressure (high negative or high positive pressure)
sensitive manufacturing methods that usually add to the high costs
of currently-available PV production.
- Electricity from Artificial
Light
- Most conventional PV systems rely on
near direct exposure to natural sunlight. SolarWindow™ technology
uses artificial light energy, such as fluorescent lighting typical
in office buildings, as well as natural light energy to generate
electricity, and is capable of producing electricity with indirect
or low-light conditions.
- Shaded Exposures where Sunlight is
Limited
- SolarWindow™ can be applied to all four
sides of a building (including shaded areas) and operate during
varying weather seasons, in low-light conditions, and from indirect
sunlight, unlike current conventional solar PV technologies, which
largely depends on near direct exposure to sunlight.
- Electricity-Generating Flexible
Surfaces
- SolarWindow™ has been shown to generate
electricity on flexible plastics, while today’s conventional PV
competing technologies are thick and rigid and cannot be similarly
applied.
Currently under development for eventual commercial deployment
in the estimated 85 million commercial buildings and detached homes
in America, SolarWindow™ is the subject of twenty-one (21) patent
filings and is the world’s first-of-its-kind see-through technology
capable of generating electricity on glass windows and flexible
plastics.
To view a video introduction of New Energy Technologies’
SolarWindow™, please visit:
http://www.newenergytechnologiesinc.com/media/gallery/solarwindow-sketch-video.
Stay tuned for updates to our website featuring our new
logos.
About New Energy Technologies,
Inc.
New Energy Technologies, Inc., together with its wholly owned
subsidiaries, is a developer of next generation alternative and
renewable energy technologies. Among the Company’s technologies
under development are:
- MotionPower™ roadway systems for
generating electricity by capturing the kinetic energy produced by
moving vehicles – a patent-pending technology, the subject of 45 US
and International patent applications. An estimated 250 million
registered vehicles drive more than six billion miles on America’s
roadways, every day; and
- SolarWindow™ technologies, which
enable see-through windows to generate electricity by ‘spraying’
their glass surfaces with New Energy’s electricity-generating
coatings – the subject of 21 patent applications. These solar
coatings are less than 1/10th the thickness of ‘thin’ films and
make use of the world’s smallest functional solar cells, shown to
successfully produce electricity in a published peer-reviewed study
in the Journal of Renewable and Sustainable Energy of the American
Institute of Physics.
Through established relationships with universities, research
institutions, and commercial partners, we strive to identify
technologies and business opportunities on the leading edge of
renewable energy innovation. Unique to our business model is the
use of established research infrastructure owned by the various
institutions we deal with, saving us significant capital which
would otherwise be required for such costs as land and building
acquisition, equipment and capital equipment purchases, and other
start-up expenses. As a result, we are able to benefit from leading
edge research while employing significantly less capital than
conventional organizations.
For additional information, please call Ms. Briana L. Erickson
toll-free at 1-800-213-0689 or visit:
www.newenergytechnologiesinc.com.
To receive future press releases via email, please visit:
http://www.newenergytechnologiesinc.com/investor_alert.
To view the full HTML text of this release, please visit:
http://www.newenergytechnologiesinc.com/NENE20130717.
For media inquiries please contact Jerry Schranz at
jschranz@beckermanpr.com, or visit our Media Relations page for
additional contact information:
http://www.newenergytechnologiesinc.com/media_relations.
Legal Notice Regarding Forward-Looking
Statements
No statement herein should be considered an offer or a
solicitation of an offer for the purchase or sale of any
securities. This release contains forward-looking statements that
are based upon current expectations or beliefs, as well as a number
of assumptions about future events. Although New Energy
Technologies, Inc. (the “Company” or “New Energy Technologies”)
believes that the expectations reflected in the forward-looking
statements and the assumptions upon which they are based are
reasonable, it can give no assurance that such expectations and
assumptions will prove to have been correct. Forward-looking
statements, which involve assumptions and describe our future
plans, strategies, and expectations, are generally identifiable by
use of the words “may,” “will,” “should,” “could,” “expect,”
“anticipate,” “estimate,” “believe,” “intend,” or “project” or the
negative of these words or other variations on these words or
comparable terminology. The reader is cautioned not to put undue
reliance on these forward-looking statements, as these statements
are subject to numerous factors and uncertainties, including but
not limited to adverse economic conditions, intense competition,
lack of meaningful research results, entry of new competitors and
products, adverse federal, state and local government regulation,
inadequate capital, unexpected costs and operating deficits,
increases in general and administrative costs, termination of
contracts or agreements, technological obsolescence of the
Company's products, technical problems with the Company's research
and products, price increases for supplies and components,
litigation and administrative proceedings involving the Company,
the possible acquisition of new businesses or technologies that
result in operating losses or that do not perform as anticipated,
unanticipated losses, the possible fluctuation and volatility of
the Company's operating results, financial condition and stock
price, losses incurred in litigating and settling cases, dilution
in the Company's ownership of its business, adverse publicity and
news coverage, inability to carry out research, development and
commercialization plans, loss or retirement of key executives and
research scientists, changes in interest rates, inflationary
factors, and other specific risks. There can be no assurance that
further research and development will validate and support the
results of our preliminary research and studies. Further, there can
be no assurance that the necessary regulatory approvals will be
obtained or that New Energy Technologies, Inc. will be able to
develop commercially viable products on the basis of its
technologies. In addition, other factors that could cause actual
results to differ materially are discussed in the Company's most
recent Form 10-Q and Form 10-K filings with the Securities and
Exchange Commission. These reports and filings may be inspected and
copied at the Public Reference Room maintained by the U.S.
Securities & Exchange Commission at 100 F Street, N.E.,
Washington, D.C. 20549. You can obtain information about operation
of the Public Reference Room by calling the U.S. Securities &
Exchange Commission at 1-800-SEC-0330. The U.S. Securities &
Exchange Commission also maintains an Internet site that contains
reports, proxy and information statements, and other information
regarding issuers that file electronically with the U.S. Securities
& Exchange Commission at http://www.sec.gov. The Company
undertakes no obligation to publicly release the results of any
revisions to these forward looking statements that may be made to
reflect the events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130717005615/en/
Solarwindow Technologies (PK) (USOTC:WNDW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Solarwindow Technologies (PK) (USOTC:WNDW)
Historical Stock Chart
From Apr 2023 to Apr 2024