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financial incentive to potential customers seek-
ing quick payback while substantially meeting their
power requirements with a clean, renewable source of
electricity,¡± explained Mr. Kenneth Schuckers, CPA, an
expert in renewable energy tax credits.
Mr. Schuckers contributed important energy and cor-
porate tax know-how to development of the Solar-
Window Financial Model. Ken Schuckers has 20-plus
years of corporate tax experience with over a decade
focused on R&D and other federal tax credits and
incentives. His credentials include Deloitte & Touche,
LLP (Corporate Tax Services), and Partner at Grant
Thornton, LLP (R&D and Section 199 Practice Leader).
¡°SolarWindow¡¯s modeling of a rapid one-year payback
and today¡¯s independent validation establish our lead-
ership role in the renewable energy space,¡± explained
Mr. John A. Conklin, President and CEO of SolarWin-
dow Technologies, Inc.
¡°Having released the industry¡¯s most compelling
financial results, we now plan to aggressively push
forward with maximizing durability and ensuring ease
of large scale manufacturing. These are among the
most important considerations to architects, build-
ing designers, developers, and potential commercial
SolarWindow transparent window coatings are under development for
the estimated 85 million commercial buildings and detached homes in
the United States.
SolarWindow technology has been demonstrated to U.S. Congress on
Capitol Hill and is recipient of the 2013 Energy Innovation Award, recog-
nized as the most promising global energy project of the year.
About the University of North Carolina Charlotte Energy
Production and Infrastructure Center
The Energy Production and Infrastructure Center (EPIC) at UNC Char-
lotte was formed in response to the need from industry to supply highly
trained engineers qualified to meet the demands of the energy industry
¨C through traditional and continuing education, and provide sustainable
support the Carolina energy industry by increasing capacity and sup-
port for applied research. EPIC is a highly collaborative industry/educa-
tion partnership that produces a technical workforce, advancements in
technology for the global energy industry while supporting the Carolinas¡¯
multi-state economic and energy security.
UNCC Confirms 1-Year Solar Financial Payback
SolarWindow: 50X greater power plus 15X the environmental benefits
Just nuts about
Pg 9
A Mother¡¯s Day
tribute... Pg 5
Miramonte fishing
Pg 11
Happy Birthday
Hubble!... Pg 3
The ¡®most promising global energy project of
2013¡¯ calculates a financial payback of less than
one year for the Company¡¯s transparent electric-
ity-generating SolarWindow technology
[As this exciting new technology progresses rapidly,
we bring you this follow-up article to the original
article featuring Solar Windows, published in The Sun-
shine Express in August 2013. The original article can
be viewed at the following link: westernslopenews.
com/history/2013/4-7/pg3/pg3index.html - ed.]
Columbia, MD, April 8, 2015: SolarWindow Tech-
nologies, Inc. (OTCQB: WNDW), today announced
that engineers and research scientists at the Univer-
sity of North Carolina Charlotte Energy Production
and Infrastructure Center (UNCC-EPIC) have indepen-
dently reviewed and validated the Company¡¯s Solar-
Window proprietary Power Production and Financial
Model. This Model calculates a financial payback of
less than one year for the Company¡¯s transparent
electricity-generating SolarWindow technology.
¡°SolarWindow coatings, when installed on tall tow-
ers and skyscrapers, could serve as a much sought-
after clean micro-grid energy solution,¡± explained Mr.
David Causey, PE, Assistant Director at UNCC-EPIC,
The William States Lee College of Engineering. Mr.
2015 MAY #6-4
Causey has over 30 years of experience in mechanical system and compo-
nent design for power generation. His work as an engineer includes operating
nuclear plants; and coal, natural gas, or renewable energy projects.
Mr. Causey led his UNCC-EPIC team of engineering and science experts, who
independently validated the modeling assumptions, reference data, and tech-
nical basis important to calculating the Company¡¯s one-year financial payback
period for SolarWindow systems. UNCC-EPIC validation also confirmed the
proficiency of the Company¡¯s methodology for modeling the performance of
competing PV technologies.
Compared to conventional rooftop solar systems, SolarWindow technology
installed on a 50-story building could generate up to 50-times greater power
while delivering 15-times the environmental benefits, according to Company
engineers. For conventional solar systems to produce the equivalent amount of
power as SolarWindow would require at least 10-12 acres of valuable urban
land and at least 5-11 years for payback.
SolarWindow¡¯s calculated payback of less than one year is the industry¡¯s fast-
est published financial return.
¡°The calculated rapid rate of return for SolarWindow systems offers a strong
Engineered to outperform rooftop solar by
50-fold, SolarWindow works in natural,
shaded, and even indoor light.