New Energy Announces Important 2014 Breakthroughs

New Energy Technologies, Inc. announced that engineers and scientists have achieved important technical milestones in the company’s bid to advance its first-of-its-kind technology towards market-ready, commercial products.

“In advancing our first-of-its-kind technology towards commercialization, our scientists have broken technical barriers and set new records in 2014, significantly raising the performance bar for both power production and aesthetics of see-through organic photovoltaics,” explained John Conklin, president and CEO, New Energy Technologies, Inc.

During 2014, New Energy’s electricity-generating coatings achieved major strides and illustrated many advantages over conventional photovoltaic (PV) modules:
• Power production of more than 50-times greater than conventional PV solar modules when modeled for installation on tall towers.
• Greenhouse gas benefits of more than 10-times greater carbon Dioxide (CO2) offsets over conventional PV solar modules when modeled for installation on tall towers.
• Generate electricity on see-through glass, enhancing the performance of today’s insulated commercial windows. Conventional PV solar technologies cannot generate electricity on window glass in this way and cannot remain see-through in order to do so.
• See-through coatings are highly transparent and allow high levels of ‘visible light transmission’. Conventional solar PV modules do not allow visible light transmission and are not transparent.
• Electricity-generating coatings offer attractive color choices in high demand by commercial glass companies;
• Capable of producing power from natural and artificial light sources in direct, shaded, diffused, and reflected light conditions. Conventional solar PV works in direct sunlight and typically cannot operate in cloudy weather or in shaded areas.
• Able to generate electricity using artificial light typically found in offices, hotels, and other buildings.
• Does not require expensive high-temperature or high-vacuum manufacturing processes, and is applied at room temperature. Conventional PV solar processes are very energy intensive, requiring high temperature production, and are expensive.
• Constructed using mostly organic materials (polymers), which can be dissolved into liquid form and applied to a variety of surfaces such as flexible plastics and glass. Conventional PV solar uses complex materials that cannot be easily dissolved into a low-cost liquid form for manufacturing.
• Being developed for high-speed and high-volume manufacturing processes, such as roll-to-roll (R2R) or large area sheet-to-sheet (S2S) equipment.
Earlier this year, New Energy’s largest area, high-performance SolarWindow modules were unveiled, with architecturally neutral colors and improved uniformity and efficiency.