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Leading Solar Testing Agency Confirms New Energya?s Power Output for its SolarWindowa"

^{Published on 2010-11-01 07:30:20 - Market Wire}
 

BURTONSVILLE, Md.--([ BUSINESS WIRE ])--New Energy Technologies, Inc. (OTCBB:NENE) announced today that Florida Solar Energy Center (FSEC), a leading American certification and testing laboratory for solar products and equipment, has validated the Companya™s power production modeling calculations for its novel, SolarWindowa" technology.

"areasonable and free of any significant errors."

SolarWindowa" is the first-of-its-kind see-thru glass window capable of generating electricity, and able to outperform conventional rooftop solar module installations by more than 300% when applied to the facades of commercial tall buildings and skyscrapers.

Engineers modeling a 40-story building, similar to Tampaa™s landmark a[ 100 North Tampa ],a estimate annual cost-savings of $40,000 to $70,000 when installing New Energya™s SolarWindowa" to exposed window facades. In contrast, mounting todaya™s popular poly-crystalline silicon modules rack-mounted on the rooftop produces only $20,000 in energy savings per year.

aWe have long anticipated that applying SolarWindowa" to exterior glass surfaces of commercial towers could generate energy savings several-fold greater than todaya™s rooftop solar systems,a explained Mr. John A. Conklin, President and CEO of New Energy Technologies, Inc. aIta™s wonderful to have these power modeling calculations now validated by FSEC, a highly-respected independent solar testing agency."

FSEC engineers reviewed numerous variables associated with the design basis and guidelines used in New Energya™s SolarWindowa" electrical power and financial model calculations, including:

• Building Area and Height - These variables account for the structurea™s length and width, and allow for modeling of the number of building stories and calculation of atotal viewable window surface areaa;
• Number of Building Sides Available - This allows for calculation of SolarWindowa" power output based on various window exposure configurations;
• Peak Sun Hours - The number of hours required for a daya™s total solar irradiation to accumulate at peak sun condition (PSH/day);
• Annual Building Energy Demand a" The amount of energy required to power a building (kWHr/Yr);
• Roof Area a" This calculation allows for comparison of SolarWindowa" against rooftop solar installations, and considers an aopen array arrangementa for such systems; and
• Solar Offset Desired (Solar Fraction) - The percentage of a building's energy requirements that can be met (satisfied) by a solar energy system. A Solar Offset of 100% means the entire building energy requirement is satisfied by the renewable energy system.

Following their review, FSEC engineers concluded that calculations in New Energya™s SolarWindowa" power output calculations model are aareasonable and free of any significant errors.a

Florida Solar Energy Center is one of the nation's leading certification and testing laboratories for solar products and equipment. The centera™s expertise is based on nearly 30 years experience conducting solar energy certification and testing programs, the accreditation of PowerMark Corporation (PMC) and partnerships with such national associations as the American Society of Heating, Refrigerating and Air Conditioning Engineers (ASHRAE), The National Association of State Energy Offices (NASEO), and the Solar Rating & Certification Corporation (SRCC).

FSEC is renowned for solar testing, and has a long-standing history of certifying both solar hot water and photovoltaic (PV) modules. FSEC-certified PV modules include products by industry leaders such as: General Electric, Mitsubishi, Sanyo, Samsung, Sharp, BP Solar, DuPont Apollo, First Solar, and Suniva, Inc.

About New Energy Technologies, Inc.

New Energy Technologies, Inc., together with its wholly owned subsidiaries, is a developer of next generation alternative and renewable energy technologies. Among the Companya™s technologies under development are:

• MotionPowera" roadway systems for generating electricity by capturing the kinetic energy produced by moving vehicles a" a patent-pending technology, the subject of nine patent applications in the United States and two international patent filings. An estimated 250 million registered vehicles drive more than six billion miles on Americaa™s roadways, every day; and
• SolarWindowa" technologies which enable see-thru windows to generate electricity by asprayinga™ their glass surfaces with New Energya™s electricity-generating coatings. These solar coatings are less than 1/10th the thickness of athina™ films and make use of the worlda™s smallest functional solar cells, shown to successfully produce electricity in a published peer-reviewed study in the Journal of Renewable and Sustainable Energy of the American Institute of Physics.

Through established relationships with universities, research institutions, and commercial partners, we strive to identify technologies and business opportunities on the leading edge of renewable energy innovation. Unique to our business model is the use of established research infrastructure owned by the various institutions we deal with, saving us significant capital which would otherwise be required for such costs as land and building acquisition, equipment and capital equipment purchases, and other start up expenses. As a result, we are able to benefit from leading edge research while employing significantly less capital than conventional organizations.

For additional information, please call Ms. Briana L. Erickson toll-free at 1-800-213-0689 or visit:
[ www.newenergytechnologiesinc.com ].

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[ http://www.newenergytechnologiesinc.com/media_relations ]

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