SolarWindow Announces Collaboration with RaynergyFebruary 14th, 2018 | Category: Industry News
SolarWindow Technologies Inc. announced a collaboration with Raynergy Tek, a Hsinchu, Taiwan-based supplier of organic photovoltaic materials used by SolarWindow to coat ordinary glass and turn it into electricity-generating windows.
The collaboration supports the company’s pursuit of high-volume production, increased power output and enhanced transparency of SolarWindow products for tall towers and skyscrapers.
Targeting commercial buildings, which consume almost 40 percent of all the electricity in the U.S., the company’s transparent electricity-generating windows could reduce energy costs by up to 50 percent and achieve a one-year financial payback for building owners.
“Our clear priority is to bring SolarWindow electricity-generating products to a $100 billion global market,” says John Conklin, president and CEO of SolarWindow Technologies. “This collaboration with Raynergy moves SolarWindow closer towards our goal of commercial sales and production, while ensuring a reliable supply of high-performance organic materials and preferred pricing necessary for the production of our electricity-generating glass.”
“We see a viable and wide-open market for electricity-generating glass, and a strong pathway to commercialization for SolarWindow,” says Phoebe Tan, CEO of Raynergy Tek. “Raynergy prides itself on contributing to its partners’ success, and we’re pleased to support SolarWindow in the advancement of its innovative products.”
The company is working to fabricate specific SolarWindow electricity-generating glass products by integrating its coating processes, methodologies and technologies into established manufacturing processes at Triview Glass Industries, a fabricator of some SolarWindow products, using specialized materials provided by Raynergy.