Occasionally, it’s not just the setup of a chart, or a key press release that draws us to a stock from the outset. Every so often we run across a company that has a genuinely intriguing backstory or product, and Solarwindow Technologies Inc (OTCMKTS:WNDW) fits that bill to a tee.
Its product is like a glimpse into the future, to what kinds of technologies are destined to save humanity from itself. The company 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. The sun is free and clean energy, and countless scientists have spent countless man hours trying to formulate a way to harness its immense power output. WNDW has one of the most interesting methods we’ve run across in quite some time.
Solarwindow Technologies Inc (OTCMKTS:WNDW) this week, has provided details about the company’s key in-place and planned initiatives for the upcoming quarters and follows on the heels of its recently announced production agreement with Triview Glass Industries LLC, an award-winning custom fabricator located in suburban Los Angeles.
Consuming almost 40% of all the electricity generated in the U.S., at a cost of over $140 billion, commercial buildings are ideal customers for the company’s electricity-generating windows. SolarWindow™ products could reduce electricity demand by 30%-50% in tall towers and provide a one-year financial payback, according to independently-validated engineering modeling.
“Our first goal was to invent transparent liquid electricity-generating coatings for commercial use,” states Mr. John Conklin, President and CEO of SolarWindow Technologies. “Now, our goals are to turn those inventions into fabricated commercial products and bring those products to market in order to turn entire buildings into vertical power generators.”
SolarWindow has entered into a Process Integration and Production Agreement with Triview Glass Industries, LLC, which will serve as the company’s regional glass fabricator. With its state-of-the-art plant, producing twelve specialty glass product lines, Triview is the company’s first-ever production site.
Triview manufactures a wide variety of architectural and decorative glass products using specific production methods and processes which support the fabrication of SolarWindow™ electricity-generating glass.
Novel SolarWindow technologies for generating electricity on glass are the result of numerous years of research and development. Some of the important breakthroughs which have enabled them are:
- SolarWindow scientists and engineers applied layers of the company’s liquid coatings on to Corning® Willow® Glass and laminated them under conditions that simulate the high pressure and temperatures of the manufacturing processes used by commercial glass and window producers. The result is a bendable glass ‘veneer’, as thin as a business card, which generates electricity;
- SolarWindow™ electricity-generating coatings withstand real-world environmental conditions, including extreme temperatures variations; and
- Engineers confirmed the ability of SolarWindow electricity-generating coatings to withstand the high-stress rigors of the ‘autoclave’ manufacturing processes used by commercial glass and window producers. Autoclave-manufacturing is a common method of production for flat, curved, tempered and solar glass fabrication.
The company’s liquid coating technology has been presented to members of the U.S. Congress, received recognition in numerous industry publications, and has been independently validated to generate 50-times the power of a conventional rooftop solar system and achieves a one-year payback when modeled on a 50-story building. (Source: Business Wire)
Those are really impressive attributes, and the primary reason why we want to put WNDW on continuous watch. The story is too intriguing not to do so, and we’ll be anxious to see how far the company can take this excellent idea. Stay locked to Street Register for updates, and we’ll deliver important developments on WNDW as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in WNDW stock, short or long.