SolarWindow Technologies, Inc. (OTCQB:WNDW), the leading developer of transparent electricity-generating coatings for windows on tall towers and skyscrapers, today announced it has been named a winner in the 2017 BIG Innovation Awards presented by the Business Intelligence Group.
The BIG Innovation Awards recognize companies and people who bring new ideas to life, and change the way we experience the world. Organizations from across the globe submitted their innovations for consideration in the 2017 BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions and provide feedback.
SolarWindow is developing transparent electricity-generating technology for glass and flexible veneers that has the potential to turn skyscrapers and tall towers into ‘clean power generators’. Unlike conventional solar photovoltaic (PV) systems, the company’s coatings can be applied to all sides of tall towers, generating electricity using natural and artificial light, as well from diffused and reflected light, and in shaded areas.
When applied to a 50-story building, SolarWindow™ could avoid more than two million miles of equivalent carbon dioxide emitted by vehicles on the road, reduce electricity costs by as much as 50 percent per year, provide 15-times the environmental benefits over other roof-top solar PV systems, and according to independently-validated engineering modeling, could achieve a one-year financial payback.
“The sheer pace of innovation is accelerating in virtually every industry as new technology allows corporations and other organizations to rethink how they approach and solve real problems that affect the way we work, love and play,” said Maria Jimenez, chief operating officer of the Business Intelligence Group. “We are thrilled to be honoring SolarWindow as they are leading by example and making real progress on improving the daily lives of so many.”
“We are honored to be recognized by this distinguished panel of business leaders for our work in developing possibly the biggest single breakthrough in clean energy –converting the solar rays of the sun into electricity on skyscrapers the world over,” said John A. Conklin, president and CEO of SolarWindow. “Innovation is at the core of what we do and this award further validates our mission to develop a technology that provides a source of clean, renewable energy to help meet the world’s growing energy demands.”
