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I don’t know what I’d do without electricity. Honestly, I start to get bored after about 30 minutes.
And the thought of there being only 40 years of coal resources left to power our world is pretty terrifying.
But that’s just me.
In today’s world, electricity is one of the most important resources we have. It powers almost every single business around, and about 83% of people around the globe depend on it every day.
And while most have realized how finite resources such as coal are, we’re finally starting to move to the next step: solar.
There have been huge gains in the use of solar energy, but there is a new tech in development that could change the collection of solar energy …
A Shining Source of Energy
Humanity has literally had the answer to all their global power needs staring down at them the entire time. That would be the sun.
Obviously, it’s a powerful resource. It can damage our skin or blind us from 93 million miles away.
But what people are just starting to realize is that we could power the entire world by harnessing its energy.
Here are two statistics to put this in perspective:
Statistic No. 1: The amount of power from the sun that hits the earth in one hour in direct sunlight is enough to meet the power needs for the entire world for a whole year.
Statistic No. 2: The total harness-able potential of solar energy per year is 23,000 terawatts. The yearly need for the whole world per year is about 16 terawatts. In comparison, we have 900 terawatts of coal and 215 terawatts of natural gas left.
Here’s an image to get the point across:
Thankfully, we have made significant progress in harnessing this abundant energy resource.
Currently, there are a number of projects going on around the world to phase solar power in to the primary source of energy that we would use.
The Next Advance in Solar Energy
New technology is in the works for solar windows as well.
These windows don’t look any different from normal windows, but they contain technology that can capture solar energy. Placed in homes and offices, they can provide an easy, alternative source of energy.
Solar windows could be the future of solar technology. Instead of a home covered in solar panels on the roof, the windows are the solar collectors.
A breakthrough in this technology has occurred just this past June. Physee, a company in The Netherlands, installed 323 square feet of their “PowerWindow” solar window product in the headquarters of Rabobank, The Netherlands’ biggest bank.
In America, there’s a company called SolarWindow Technologies (OTC: WNDW) that is making significant progress in the field as well. Described as “liquid energy,” SolarWindow’s technology is a clear coating placed on windows or plastic. When exposed to light, the coating turns that light into electricity.
So far, the product has been tested in 11 cities across the country, and the results have been amazing. The SolarWindow coating generated over 10 times that of other solar technology:
It’s also much cheaper than the cost of manufacturing solar panels. In fact, the company has stated that, when applied to high-rise buildings, the product could pay for itself on electricity bill savings in just one year.
Lastly, SolarWindow took a huge step in August when it entered into an agreement with Triview Glass. This has allowed SolarWindow to start receiving revenue from actual customers.
Keep in mind that these are the very early stages of this technology. And while it has very little commercial application so far (and therefore no revenue), it will become more and more relevant over the next three to five years.
I believe it will eventually overtake solar panels due to the cost and efficiency benefits that it provides.
Regards,
Ian Dyer
Internal Analyst, Banyan Hill
{ 16 comments }
Like to invest
Thank you. Can I get information any time you get it to the public just this one.
Thank you,
Mashar Syamsudin
Very interesting What about energy storage If we could figure that out we would be laughing
I’ve been hearing and reading for decades the U.S. has 300+ years of coal reserves. Where does your 40 years come from?
Brilliant stuff ! Surely this technology can now be incorporated into automotive power, say on the roofs on motor vehicles ! This company should get-together with Tesla !
I am intrigued by this information, and am curious about how I can invest in the company, and how I can purchase the product. If in fact it can generate as much as 10 times the power generated by a conventional solar panel, the demand for this product will be phenomenal! I also may have a huge market for it on an immediate level, depending upon it’s availability. Please get back to me with contact info of the company, and whom I would speak with regarding investing in, purchasing of, and selling of this product.
Thank you,
Colin Frush
Colin, if they send your request, would you be kind enough to forward it to me. Maybe we can collaberate. I am in the window and solar business
We’ve been using Solar power (roof panels) for some time. There’s no doubt Solar Power is the future but to make it a complete alternative we need some system of electricity storage that is within the average person’s ability to buy.
I am interested to know more.
Regards
Roncolato
Bought stock over a year ago. Progress slow BUT up and my concern is whether UTILITIES will start messing with WNDW.
Dear SolarWindow Executives,
Wow! What a product!!! You can come any time you want to install as few as one window
In our home just to determine the reduction in electrical cost. We keep a record every month of
our utilities.
I am not sure we who live in mountainous West Virginia get as much direct sunlight as the
flatllanders receive.
Sincerely awaiting your reply,
David M Laign
As said this may be an out for Environmentalists.
Like other I am very interested in 5his product. Would appreciate up to date info for the future
Keep me in mind
I like the picture with the global energy potential and am wondering aloud? Since energy cannot be created or destroyed and our sun is giving it up at the rate of 23,000TW per year, does it mean the sun is getting smaller or receiving the energy from somewhere? What exactly is the composition of the sun????
Have owned the stock under its prior name since 2007 when it was 18 cents! Have followed closely invested more under WNDW symbol and love the story and product. Would very much love to work with company on distribution. It’s going to be a true game changer.
Huge efficiencies to be gained with DC appliances when will we wire a home for DC and use DC appliances?
An important concept, I believe. Three questions:
1. Does the flexible photo-voltaic coating have to be applied to glass surfaces such as windows, or could it cover bigger surfaces such as exterior walls?
If the coating becomes damaged, torn or fractured, would it continue to generate electric power?
Also if damaged etc., would the coating be able to be repaired in situ without having to be replaced?
Thanks.