Friday, February 25, 2011

New Energy Technologies, Inc. (NENE.OB) is “One to Watch”

New Energy Technologies, Inc. is focused on researching, developing and eventually commercializing emerging next-generation alternative and renewable energy technologies. The company is currently developing a novel MotionPower technology which generates electricity from the motion of vehicles, and the first-of-its-kind SolarWindow technology capable of generating electricity on see-thru glass windows.

To-date, New Energy has filed nine new patent applications with the United States Patent and Trademark Office (USPTO) and two international patent applications to its MotionPower technologies. As millions of vehicles slow or come to a stop at toll plazas, rest areas, drive-thrus and countless other roadway points, their motion energy, derived from the burning of fossil fuels, is dissipated in brakes and lost as heat to the environment. New Energy’s MotionPower devices use this lost energy to generate electricity.

New Energy’s SolarWindow technology makes use of the world’s smallest functional solar cells. These cells can generate electricity from both natural and artificial light sources. Once scaled-up for use in commercial-scale production, New Energy anticipates the ability to spray solar coatings directly onto New Energy’s first-of-its-kind see-thru SolarWindow, providing significant commercial production advantages over today’s thin-films.

Last month, New Energy announced that researchers have successfully developed a 12”x12” working prototype of the Company’s SolarWindow technology. The prototype marks a 300% increase in size over its predecessor and brings the SolarWindow technology another step closer to the residential and commercial end-user.

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