New Energy Technologies has entered a cooperative research and development agreement (CRADA) with the U. S. Department of Energy’s National Renewable Energy Laboratory (NREL) for the advancement of New Energy’s SolarWindow technology.
“The addition of NREL's world-class solar research group to our ongoing efforts at the University of South Florida marks a significant step forward for our company and our SolarWindow technology,” explained John Conklin, president and CEO of New Energy Technologies. “The goals of this CRADA move us definitively towards product development, important to the commercialization of SolarWindow.”
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The CRADA will see NREL and New Energy researchers utilizing each other’s intellectual property to reach specific goals including: ramping up SolarWindow’s efficiency and transparency, increasing its electrical power output, enhancing the application of the active layer coatings, which allow the SolarWindow technology to produce electricity on glass surfaces, escalating the size of the active layer in the SolarWindow and creating better electricity-generating coatings by enhancing the technology’s performance, processing, reliability and durability.