Columbia, MD – March 27, 2018 – SolarWindow Technologies, Inc. (OTC: WNDW), the leading developer of transparent electricity-generating coatings. It’s for glass windows. Seems that they got advanced materials manufacturing Cooperative Research and Development Agreement (CRADA). It’s from the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy’s (EERE) Advanced Manufacturing Office (AMO). Led by Oak Ridge National Labs!
In addition, SolarWindow is awarded the CRADA after submitting a proposal. As well, their proposal outlined its process technologies and fabrication methods. This led to the DOE’s Roll-to-Roll Advanced Materials Manufacturing Consortium. Led by Oak Ridge National Labs (ORNL) and partnering with Argonne National Laboratory (ANL). In addition it included, Lawrence Berkeley National Laboratory (LBNL), and the National Renewable Energy Laboratory (NREL). The CRADA, carried out with the DOE by SolarWindow, ANL, and NREL.
Also, eligibility for the award based on companies or organizations. Both develop and manufacture devices and systems in specialized areas for commercial applications. Therefore, they will be able to manufacture products as a direct result of the award.
SolarWindow is the developer of transparent electricity-generating glass. Hence, fabricated into windows could turn entire buildings into vertical power generators. The company estimates that the market for SolarWindow™ glass products for tall towers and skyscrapers. Yup! So, it represents a $100 billion opportunity.
Thereby, they are targeting the estimated 5.6 million U.S. commercial buildings. In addition, Commercial buildings consume almost $150 billion in electricity annually. Thereby, the company’s transparent electricity-generating windows could cut energy costs by up to 50%. That’s according to independently validated company power and financial modeling.
DOE R2RAMM Laboratory Consortium
In conclusion, EERE’s Advanced Manufacturing Office (AMO) supports early-stage research to advance innovation in U.S. manufacturing and promote American economic growth and energy security..
