Business
SolarWindow Production & Product Update on Electricity-Generating Glass
SolarWindow Production & Product Update on Electricity-Generating Glass.
About this update from Solarwindow Technologies, Inc.
[{"type":"text","content":"\n \n SolarWindow Technologies, Inc. (OTCQB: WNDW) today provides an important \n update on the manufacturing, marketing and product fabrication targets \n for its electricity-generating products for tall towers and skyscrapers.\n \n\nThis Smart News Release features multimedia. View the full release here: \nhttp://www.businesswire.com/news/home/20170907005272/en/\n\n \n \n Glass moves to tempering machine after horizontal wash at Triview Glass (Source: SolarWindow Technologies, Inc.) \n\n\n \n This update provides further details about the company’s key in-place \n and planned initiatives for the upcoming quarters and follows on the \n heels of its recently announced production agreement with Triview Glass \n Industries LLC, an award-winning custom fabricator located in suburban \n Los Angeles.\n \n \n Consuming almost 40% of all the electricity generated in the U.S., at a \n cost of over $140 billion, commercial buildings are ideal customers for \n the company’s electricity-generating windows. SolarWindow™ products \n could reduce electricity demand by 30%-50% in tall towers and provide a \n one-year financial payback, according to independently-validated \n engineering modeling.\n \n \n “Our first goal was to invent transparent liquid electricity-generating \n coatings for commercial use,” states Mr. John Conklin, President and CEO \n of SolarWindow Technologies. “Now, our goals are to turn those \n inventions into fabricated commercial products and bring those products \n to market in order to turn entire buildings into vertical power \n generators.”\n \n \n SOLARWINDOW PRODUCTION AGREEMENT\n \n \n SolarWindow has entered into a Process Integration and Production \n Agreement with Triview Glass Industries, LLC, which will serve as the \n company’s regional glass fabricator.\n \n \n With its state-of-the-art plant, producing twelve specialty glass \n product lines, Triview is the company’s first-ever production site.\n \n \n Important goals and features of the Agreement and SolarWindow \n partnership with Triview include:\n \n \n \n Integration of SolarWindow™ coatings and methods into the Triview \n manufacturing processes;\n \n \n Fabrication of specific SolarWindow™ electricity-generating products \n at commercial scale, at Triview;\n \n \n Development of an...