Last $1.32 USD
Change Today +0.05 / 3.94%
Volume 83.5K
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

new energy technologies inc (NENE) Snapshot

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01/7/14 - $3.05
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09/3/14 - $1.10
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new energy technologies inc (NENE) Details

New Energy Technologies, Inc. operates as a development stage renewable and alternative energy company in the United States. It develops SolarWindow electricity generating system that harvests light energy from the sun and artificial sources, as well as generates electricity from a see-through and semi-transparent coating of organic photovoltaic solar cells; and MotionPower electricity generating system that harvests kinetic or motion energy from vehicles and converts this captured energy into electricity. The company’s products include MotionPower-Heavy, a fluid-driven system for installation at sites where big rigs travel below 15mph and are in the process of slowing down; MotionPower-Auto, a fluid-driven system for installation at sites where cars and light-duty trucks travel below 15mph and are in the process of slowing down; and MotionPower-Express, a mechanical system for installation at sites where cars, light-duty trucks, motor homes, buses, big rigs, and commercial vehicles are traveling faster than 15mph and are in the process of slowing down. It is also involved in developing SolarWindow–Commercial, a flat glass product for installation in new commercial towers under construction, and replacement windows; SolarWindow–Structural Glass, a structural glass walls and curtains; SolarWindow–Architectural Glass, a textured and decorative interior glass walls, room dividers, etc.; SolarWindow Residential, a window glass for installation in new residential homes under construction, and replacement windows; SolarWindow–Flex, a flexible films that applied directly onto glass for retrofit to existing commercial towers, buildings, and residential homes; and SolarWindow–BIPV components associated with building-integrated-photovoltaic applications. The company was formerly known as Octillion Corp. and changed its name to New Energy Technologies, Inc. in December 2008. New Energy Technologies, Inc. was founded in 1998 and is based in Columbia, Maryland.

3 Employees
Last Reported Date: 12/22/14
Founded in 1998

new energy technologies inc (NENE) Top Compensated Officers

Chief Executive Officer, President, Chief Fin...
Total Annual Compensation: $214.3K
Compensation as of Fiscal Year 2014.

new energy technologies inc (NENE) Key Developments

New Energy Technologies, Inc. Auditor Raises 'Going Concern' Doubt

New Energy Technologies, Inc. filed its S-1/A on Nov 18, 2014 for the period ending Aug 31, 2014. In this report its auditor, Peterson Sullivan PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

New Energy Technologies Inc. Provides Update on SolarWindow(TM) Development Activities

New Energy Technologies Inc. announced that the company is progressing ongoing development of its SolarWindow(TM) devices and modules. New Energy engineers calculate that SolarWindow(TM) modules modeled for installation on a 50-story building could conservatively produce at least ten times the electrical energy of conventional rooftop photovoltaic (PV) systems and, in some instances, exceed power performance by as much as 50-fold. Using the company's proprietary power production model, engineers estimate that SolarWindow(TM) installed on a 50-story building could generate enough electricity to power at least 100 homes while eliminating the equivalent carbon emissions produced by vehicles driving approximately 2,750,000 miles per year. The company envisions SolarWindow(TM) technology installations on the vast acres of tinted glass surfaces on commercial buildings, skyscrapers, and tall towers. In contrast, conventional solar power systems are limited to very small square-footage rooftops, which are already crowded with service systems. Unlike conventional solar systems, New Energy's SolarWindow(TM) can be applied to all four sides of tall towers, generating electricity using natural and artificial light conditions and even shaded areas. SolarWindow(TM) is currently under development for eventual commercial deployment in the estimated 80 million detached homes in America and more than five million commercial buildings. The technology is the subject of 42 patent filings, and researchers are on track to advance SolarWindow(TM) towards full-scale commercial manufacturability -- a near-term goal.

New Energy Technologies, Inc. Appoints Curtis Watkins to the Company's Board of Advisors

New Energy Technologies, Inc. announced the appointment of Mr. Curtis Watkins, an energy advocate with deep industry ties and experience promoting the energy economy through leading initiatives, and connecting and collaborating with energy companies and professionals, to the Company's Board of Advisors. Mr. Watkins currently works in the Emerging Technology Office at Duke Energy, where he is responsible for testing and verifying new technologies that have the potential to become part of a new emerging energy portfolio of solutions. He works with a range of technologies, from smaller-scale applications for individual homes, to larger-scale grid technologies and distributed energy resources. Prior to his joining the Emerging Technology Office in 2010, Curtis worked in the IT area developing secure solutions to allow 3rd party vendors access to sensitive, internal data.


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