AN INVISIBLE ENERGY REVOLUTION
SolarWindow Chairman, Harmel Rayat, invested $25 million to drive manufacturing of electricity-generating window.
Dear Valued Shareholders:
I write to you today, not only as the Chairman of SolarWindow Technologies, but also as a fellow shareholder and a long-term supporter.
As a private owner of commercial real estate in the United States and Canada, I know first-hand the impact that electricity-generating windows could have, especially those that could cut electricity cost by up to 50%, according to our independently-validated engineering modeling.
Less than 4 months ago, my family office invested almost $25 million into SolarWindow, allowing the company to move forward on its long-held commitment of introducing a brand-new form of electrification – the SolarWindow™ – and turning entire buildings into vertical power generators.
Since making my investment:
I have traveled across the country multiple times, and even reached out across the globe, to speak with numerous glass professionals, building owners, developers and other industry participants, many of whom are eager for our commercial launch;
Mr. Bob Levine joined the Board of SolarWindow. Bob is my long-time friend, mentor, and the co-founder of the one of the fastest growing real estate companies in the world;
I toured our nearly 100,000 square foot manufacturing-partner plant and left impressed by the depth of glass production know-how and decades of experience we enjoy through this partnership;
The Board of Directors approved 7-figure purchase orders in February for specialized high-output manufacturing equipment, selected after exhaustive testing, design, performance evaluations, and engineering; and
Only weeks ago, we hired additional key team members and retained advisors to grow our production team, and are adding even more by year-end.
We’re driving our production plans, hard. Stay tuned as we announce even more important steps that push our manufacturing of SolarWindow™ electricity-generating glass products at commercial scale.
With ample funds on hand and plenty of opportunity before us, these are certainly exciting times for all our valued shareholders and all of us here at SolarWindow.
Without a doubt, we have set ambitious goals. I am sure we will have to deal with and overcome our fair share of challenges typical of any enterprise striving as we are. You can read about these potential risks in our various regulatory filings.
These risks and challenges aside, the economic, environmental, and humanitarian benefits of electricity-generating windows are just too compelling pass up.
This is why I have invested so much of my own personal money into SolarWindow, as have many of you, my fellow stockholders, who also believe in the future of our promising technology.
According to the U.S. Department of Energy, energy from the sun is so plentiful that every week it produces 1,000 times the energy that oil, natural gas and coal does in a full year—combined.
Our energy needs can in fact be easily met with just 1/10,000th of the estimated 173,000 terawatts of solar energy that strikes the Earth continuously. The SolarWindow™ was conceived to efficiently harness a fraction of this endless amount of free energy.
The idea of creating an electricity-generating window took 10 years of hard, dedicated and focused work to overcome many early challenges and disappointments. Your continued confidence in us has motivated us to accomplish what was to many seemingly impossible: turning an ordinary piece of glass into an electricity-generating window.
Bolstered by the patient support of our shareholders and the resolve of our technology teams, we have shattered long-held scientific myths and filed more than 90 U.S. and international patents and trademarks. What started out as just a concept is now on in its way to becoming an industry-disrupting technology.
Along with many first-ever breakthroughs and discoveries by John Conklin, our President & CEO, and our collaborating team of engineers and scientists, SolarWindow has won awards, presented to members of Congress and covered by many in the media, including by CNBC, the Wall Street Journal, Engineering.com, Fast Company, Voice of America, Scientific American, National Geographic and CCTV (https://www.solarwindow.com/2017/06/watch-technology-cctv/).
The concept of electricity-generating windows is so exciting that whenever I meet with fellow building owners or real estate developers and talk about how entire buildings could become vertical power generators, I see expressions of excitement, enthusiasm, and jubilation.
It’s amazing to watch their faces as they start learning about our plans for retrofitting existing buildings and how easily the energy can be directed into the electrical systems.
When I mention a 1-year modeled financial payback for commercial buildings, their eyes light up and you can almost feel their hearts beat faster as they start talking about how to apply this technology to their existing and upcoming projects.
According to independently-validated engineering estimates, a single SolarWindow™ installation on a 50-story building, for example, could reduce electricity costs by as much as 50% per year, avoiding the equivalent amount of carbon dioxide produced by 2.2 million vehicles each year.
This is one of the main reasons why SolarWindow is initially targeting the estimated 5.6 million commercial buildings in the U.S. market, which alone consume almost $150 billion in electricity annually. Imagine this electricity bill cut in half.
Frankly, I can’t think of any commercial landlord, being one myself, not wanting electricity-generating windows, which I personally believe could be transformational, not only for building owners and the energy industry, but also for the environment.
Since almost 65% of the electricity in the U.S. is generated by fossil fuels, reducing the burning of these fuels could help mitigate their impact on global warming and climate change, which a recent report mandated by U.S. Congress says is “an immediate threat, not a far-off possibility.”
We believe that our SolarWindow™ products are part of the solution, and we find tremendous energy in the opportunities and challenges that lie ahead.
We also recognize that the introduction and mass adoption of electricity-generating windows will be no small or easy task. I fully expect us to make mistakes along the way because our ambitions are, well, ambitious!
We are comforted by the strength of our almost 15,000 shareholders and a growing number of industry glass professionals, building owners and developers; and we look forward to sharing updates and news with all our supporters as we continue to make progress.
If you’re not on our email list to receive late-breaking news and updates, please sign up by either clicking here (https://www.solarwindow.com/join-our-email-list) or calling my office directly at 800-213-0689. Of course, you can also follow us on Twitter @solartechwindow, Facebook or LinkedIn.
Finally, and on behalf of the entire team at SolarWindow, I would like to personally thank you for your continued support and belief in our mission to turn entire buildings into vertical power generators with our brand-new form of electrification — the SolarWindow™.
Very truly yours,
SOLARWINDOW TECHNOLOGIES, INC.
Harmel S. Rayat Our award-winning researchers and engineers have authored over 1,000 scientific publications.
Their expertise with solar photovoltaics includes next-generation electricity
generating coatings, manufacturing methods, reliability testing, and durability. Experimental physicist and technology developer, Dr. Alastair Livesey, is one of our Founding Directors.
He specialized in the commercialization of new energy breakthroughs at the world’s largest producer of
flexible solar panels (2012). He’s also commercially launched new products in the energy sector,
and brings plenty of experience as former Executive Manager at global energy giant, Royal Dutch Shell plc.
Management & Board of Directors
brings SolarWindow Technologies, Inc. 30 years of industrial, commercial, and renewable and alternative energy experience, providing technical and business consulting services to more than 50 technology, manufacturing, and industrial process companies. Mr. Conklin’s client-companies have ranged from start-ups to Fortune 500 corporations, including IBM, Lockheed Martin, Frito-Lay, and TDI Power, Inc., a global manufacturer of power systems.
Throughout Mr. Conklin’s career, he has actively managed both the technical and business requirements of various energy and industrial companies. In additional to technical oversight, Mr. Conklin has overseen financial management and accounting; strategic planning; product prototyping, development and distribution; productivity and profitability analyses; inventory and cost controls; and team recruitment and management.
John’s specific experience with designing solar photovoltaic and thermal energy systems is a particular asset to the company as its SolarWindow™ technology, capable of generating electricity on see-thru glass windows, advances from prototype to commercialization.
Mr. Conklin also has expertise with creating financial contracts which allow for economically viable, commercial installation of solar systems. These ‘Solar Power Purchase Agreements’ or ‘SPPAs’ are designed after careful technical and economic feasibility studies have been conducted by the agreement’s architect.
John also brings industrial process, environmental systems design, testing, and analytical experience, which has resulted in cost savings ranging from 10-25% for numerous clients in the surface coatings industry. Surface coatings are key to the development of SolarWindow™, which makes use of special coatings which allow for the generation and movement of electricity on see-thru glass.
Mr. Conklin has additional chemical surface coating experience important in the application of various coatings used in the Company’s SolarWindow™ technology. These novel coatings require technically advanced methods of application onto glass in order to retain their unique capacity to generate electricity while ensuring their proper adhesion to the glass surface.
John developed similar surface coating techniques used in the fabrication of the United States Stealth Battleship prototype during his tenure at Excel Precision, Inc. These coatings were used to create frequency selective antennas, able to absorb radar signals and prevent satellite detection of the Stealth Battleship from space. At Excel Precision, Inc., Mr. Conklin developed and managed a program management team comprised of engineering, product development, quality control, and business development personnel that provided the development of these prototypes.
Mr. John A. Conklin is founder and Vice President, National Solar Systems, LLC., a New York based renewable and alternative energy design and installation firm. He also founded and serves as President of Tellurium Associates, LLC., an industrial process design and operations company.
Mr. Conklin holds a NABCEP (North American Board of Certified Energy Practitioners) Level I Certificate, globally-recognized as North America’s “gold standard” agency for PV and solar thermal installation certification. He routinely attends NABCEP certified training programs throughout the Northeastern United States.
Among John’s interests is his continuing education in photovoltaic systems design, installation and operations at the University of Central Florida, Florida Solar Energy Center, and the State University of New York at Ulster, a noted leader in renewable energy certification and education. He has also studied chemical technology, chemical engineering, and various industrial, safety, and renewable energy programs.
Mr. Conklin is a Certified Football Official and a licensed private pilot.
Steve Van-Kassen - Joining SolarWindow Technologies, Steve Yan-Klassen is a Chartered Professional Accountant (“CPA”), and a Certified Management Accountant (“CMA”) with fifteen years of experience in public practice accounting at Amisano Hanson Chartered Accountants, BDO Canada LLP, and Wolrige Mahon Collins Barrow LLP (formerly Wolrige Mahon LLP), including five years as a Senior Manager at BDO and two years as a Senior Manager at Wolrige Mahon. Mr. Yan-Klassen’s public company experience includes over ten years of auditing financial statements for SEC, Canadian Securities Exchange and TSX Venture Exchange reporting issuers, performed in accordance with the requirements of the Public Company Accounting Oversight Board, or Canadian generally accepted auditing standards in compliance with the Canadian Public Accountability Board. His areas of expertise include companies with operations in technology, energy, manufacturing and mining in North and South America, Africa, and Southeast Asia.
Steve’s experience includes documenting and assessing internal controls over financial reporting for entities under audit, in accordance with SOX 404 requirements or Canadian generally accepted auditing standards. Steve also assisted with redesigning the internal controls and accounting processes for a company with annual sales over US $1 million. In addition, he implemented firm-wide independence monitoring processes to meet Canadian Public Accountability Board standards.
His other areas of expertise include preparing complex deferred income tax calculations and models involving multiple tax jurisdictions and foreign currency issues, assisting real estate trusts with wind-ups and distributions, mortgage investment corporations with valuations analysis and reporting, as well as private companies and charities with assurance work including tax and information returns.
Steve’s attestation work consisted of reviews and audits of financial statements performed in accordance with the requirements of the Public Company Accounting Oversight Board, or Canadian generally accepted auditing standards in compliance with the Canadian Public Accountability Board. His accounting work consisted of preparing financial statements in accordance with accounting principles generally accepted in the United States, and International Financial Reporting Standards (previously generally accepted accounting principles in Canada). Part of each of audit included understanding and documenting each entity’s internal controls over financial reporting, in accordance with the above mentioned auditing standards.
Steve has acted as Controller for numerous companies in a broad range of industries from real estate to mining and professional services, as well as clean energy.
His achievements include assisting public companies with assurance work including quarterly and year-end filings; mortgage investment corporations with valuations analysis and reporting; and real estate trusts with wind-ups and distributions. He has also assisted with stock-based compensation calculations, and complex deferred income tax calculations involving multiple tax jurisdictions and foreign currency issues. Over the past 3 years, he participated in the management of several commercial properties in the U.S. and Canada.
Harmel S. Rayat is the company founder and long-time majority shareholder, and Chairman of its Board of Directors. He has provided strategic capital and managerial guidance to a number of entities in various industries, including advertising, biotechnology, news distribution, alternative energy and commercial real estate.
Harmel S. Rayat is a prolific investor, entrepreneur and business owner based in Vancouver, Canada. He is the author of the new book, “Winning with Commercial Real Estate”, and President of Talia Jevan Properties, Inc., a privately held commercial real estate firm specializing in the acquisition and long-term ownership of Class-A commercial real estate assets throughout North America.
When Mr. Rayat isn’t providing investment capital and strategic advice to incumbent management teams of established and start-up companies, he’s spending time with his family and helping people live better lives through his love of science, technology, real estate and investing. Mr. Rayat brings a unique world view to his work having been born in Uganda and relocating to India before moving with his family to the United Kingdom and then to Vancouver, British Columbia, where he worked as a broker in his early twenties and became interested in early stage companies. Since 2006, Mr. Rayat has grown his real estate portfolio to nearly $150 million, generating a 33% annual return on equity. Source: https://www.huffpost.com/author/contact-178
Mr. Jay (Jatinder) S. Bhogal, President & CEO, Vector Asset Management, is an accomplished investor and business visionary with 20 years of experience helping finance and build companies in diversified industries, including: online media, health services, medical devices, drug discovery, vaccine production, renewable and alternative energy, fossil fuels, and others.
Numerous breakthrough technologies supported by Mr. Bhogal have grown from inception to achieve $300 million-plus market capitalization, and have garnered global media coverage by CNN, CNBC, MSNBC, CBS, FOX News, New York Times, The Wall Street Journal, Washington Post, TIME, Forbes, Agence France-Presse (AFP), and Reuters, among others.
As a private investor, director, and executive responsible for managing both private and public equity portfolios, Mr. Bhogal has incubated and directed ventures and projects in collaboration with leading research institutions and government agencies, including: United States Department of Energy’s National Renewable Energy Laboratory, University of California Berkeley, Dartmouth College, NASA’s International Space Station National Laboratory Initiative (on board the Space Shuttle ‘Endeavour’ with USDA; mission STS-126), and others.
Among ventures he’s supported from inception are several first-of-their kind technologies and products, including: the world’s first see-through glass window capable of generating electricity; advancement of a nerve regeneration technology which restored the ability of animals to walk after their sciatic nerves had been severed; clinical development and commercial deployment of America’s largest outsourced urology treatment network; discovery of novel pharmacological compounds for diabetes and difficult to treat cancers; and development of a bioartificial liver which successfully advanced from early embryonic stem cell discovery to supporting the acquisition of an advanced FDA Phase II-III medical device which saved the lives of patients in Grade4 hepatic encephalopathy (coma) during America’s largest-ever human clinical trial of its kind.
Mr. Steve Horovitz is a 25-year veteran of commercial real estate, with experience ranging from property acquisition, finance, design, construction, marketing, leasing and post-development work.
During his career, Mr. Horovitz has held executive positions managing or marketing upwards of 3 million square feet of commercial, industrial and apartment properties, which are the initial target market for SolarWindow’s transparent electricity-generating windows.
Presently, Mr. Horovitz Vice President of Development for Omicron, one of the largest integrated development, design and construction firms.
Mr. Bob Levine has been with Avison Young since 1994 and is one of the founding partners of the company which, with the purchase of GVA in the U.K. early in the New Year, will have 120 offices in 25 countries and 5,000 real estate professionals. Since 2008, Avison Young has been one of the fastest growing commercial real estate companies in the world. Having recently retired from the Board of Directors of Avison Young after 10 years of service, Mr. Levine remains on Avison Young’s Executive Committee.
Mr. Levine has 40 years of experience in commercial real estate sales, leasing, and advisory roles and has worked with many leading developers, equity partners, and renowned investors. Having consummated many billions of dollars in transactions, he has been responsible for the sale of numerous landmark and Class-A office buildings, shopping centers, industrial properties, and major development sites.
Dr. Alastair K. Livesey, PhD, is a respected scientist and former business leader with Royal Dutch Shell plc and Energy Conversion Devices, Inc. (ENER), and a highly experienced expert in the renewable, alternative, and conventional energy fields.From 2007 to 2011 he was Managing Director of Diverse Energy, which manufactures and sells ammonia based, fuel cell power systems for the telecoms industry, where he helped raise over £12M in equity and grant funding. In addition to his specific technical expertise in solar photovoltaics, fuel cells advanced batteries and hydrogen storage and related sustainable energy systems, Dr. Livesey brings extensive experience in materials science, protein crystallography, molecular biology, x-rays, neutron/EXAFS scattering for material property identification. Dr. Livesey also has experience in geological seismic interpretation, engine and vehicle testing, as well as alternative and conventional hydrocarbon-based fuels.
Dr. Livesey is currently a consultant in the renewable energy field and the former Executive Manager of New Business Development and Strategic Planning at Energy Conversion Devices, Inc. During his tenure at ECD, Dr. Livesey conducted financial evaluations and prioritization of solar research and development projects, conducted strategic studies of photovoltaic manufacturing expansion options, designed budgetary controls for multiple $60 million-plus capital building projects, and participated in efforts to raise $350 million by public stock offering. Dr. Livesey also served as Director of Business Development and Architecture Design for the developmental Cognitive Computer program and as Director of the Hydrogen Energy Systems business unit during his six years with the company.
Dr. Alastair K. Livesey holds a PhD in Experimental Physics (Amorphous Materials, Physics, Metallurgy, and Materials Science) from the Cavendish Laboratory of Physics at Cambridge University, an MA degree in Science, and a BA degree in Crystallography, Physics, Chemistry, and Math.
Gary P. Parmar, CPA, CA, is a Partner and Regional Leader of Technology Media Telecommunications with MNP’s Private Enterprise team. Based in Kelowna, Gary provides accounting, tax, financial planning and business management advice to private enterprises and family-owned businesses, helping them increase profits, grow their operations and achieve their goals.
With more than 20 years of experience, Gary understands his clients’ unique challenges and delivers creative solutions that help them maximize wealth while keeping taxes to a minimum. His services include assisting with tax planning regarding incorporation, income management, succession planning, business management, the purchase and sale of businesses and estate planning.
Gary’s clients rely on him to help them structure their businesses to facilitate various types of projects and transactions, as well as assess the validity of deals and arrange financing. A trusted advisor, he provides ongoing management consulting to assist with job costing, managing working capital and maximizing profitability. Committed to building and nurturing long-term relationships, Gary has worked with a broad range of clients, including real estate developers, builders, agricultural producers, professionals and companies in the technology, media telecommunications industries.
A Chartered Professional Accountant (CPA) who qualified as a Chartered Accountant (CA), Gary has a Bachelor of Commerce degree from the University of Alberta, where he majored in accounting.
Curtis Watkins is an experienced energy and IT professional helping drive innovative technology solutions in the regulated utility and municipality code enforcement industries. His background ranges from working with the nation’s largest utility to helping build a high-tech startup out of a living room. He also enjoys giving his experiences back to the community through government/community service and in 2011 created a non-profit aimed at helping emerging energy companies.
In his role at Duke Energy, Curtis currently works in the Emerging Technology Office 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. This can range from technology deemed to be “Behind The Meter” (e.g. inside a customer home) to Grid Tech (e.g. T&D communication devices) to Distributed Energy Resources (e.g. microgrids). 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.
Prior to joining Duke Energy in 2007, Curtis was the second person to join a startup company that grew through venture-backed funding to almost 30 employees and received a successful exit in 2007. The company, MobileHWY, focused on mobile technology solutions aimed at improving municipality process and procedures for code enforcement operations.
In 2011, Curtis started the energy incubator program CLT Joules as a way to combine his passion for energy technology and entrepreneurism. Through his leadership, the CLT Joules program has raised significant corporate sponsorships to fund the operations and taken in 9 energy companies as part of the program, donating professional service work to energy innovators and small businesses to further their development. CLT Joules was noted by then Duke Energy CEO Jim Rogers as “one of the top 3 energy developments in Charlotte” in 2012.
In the community, Curtis has been appointed to the Blumenthal Performing Arts Center Board of Trustees (NC House Speaker Appointee), served as a Commissioner of Air Quality (Mecklenburg Board of County Commissioners Appointee), and served as a Commissioner for the Historic District (City of Charlotte Mayoral Appointee). In 2010 he was nominated and added to the Charlotte Chamber Young Professionals Board, a group which he Chaired from 2013 – 2014. In the energy sector, he serves on the University of North Carolina at Charlotte’s Energy and Infrastructure Production Center (EPIC) Implementation Committee as well as on the Emerging Technologies Coordinating Council (ETCC) Advisory Council.
For his efforts, Curtis was named by the Charlotte Business Journal to the top ‘Forty Under Forty’ for 2013 and was the Young Professionals in Energy ‘Person of the Year’ for the Charlotte chapter in 2011. He is a graduate of Virginia Commonwealth University where he earned a B.S. in Business Administration in 2001 and is married to Vatsla Watkins, with whom they have a daughter.
Mr. Patrick T. Sargent has nearly two decades of high tech product design and development experience, launching his career as a Mechanical Engineering (ME) Consultant for an Atlanta based consulting firm. Following his ME tenure Patrick worked at Lucent Technologies and Fujitsu Network Communications where he designed fiber optical packet networks for trans-Atlantic and trans-Pacific telephony network carriers.
In the solar-glass industry, Mr. Sargent joined Asahi Glass Company (AGC), a global glass leader reporting nearly $16 billion in 2010 sales. At AGC’s Flat Glass business division he was appointed Photovoltaics Cover Technology Leader for the North American Solar Business Unit, eventually assuming leadership for Market Intelligence & Governmental Relations at AGC Solar North America. As Director of Solar Market Intelligence for Asahi’s Solar Business Unit, he’s credited with the award of millions of dollars in grants, and for successfully performing predictive intelligence which correctly forecast market behavior prior to its realization.
Currently, Mr. Sargent is President and CEO of Corona Solar Group, LLC. Corona Solar Group is a solar engineering, procurement, and installation company with focus on Georgia, Tennessee, and North Carolina markets. As President and CEO, Patrick designs, and oversees the development and on-site installation of distributed solar generation facilities throughout the Georgia, Tennessee, and North Carolina markets. Once commercialized, this particular experience is important to the interconnection of SolarWindow™ to the electrical connections in commercial buildings.
A degreed mechanical engineer, Mr. Patrick T. Sargent earned his Mechanical and Industrial Engineering undergraduate degrees from Georgia Tech University and subsequently his MBA at Kennesaw State University. He is a charter member and board member of the Tennessee chapter of SEIA and a member of GSEA and GANA, where he often entertains speaking engagements. He holds certifications with Six Sigma and NABCEP.
Ms. Briana Erickson has over 12 years of administrative experience with accounting, communications, and customer service. She worked for a group of start-up companies in Shareholder Communications for two years, providing services in Communications and Investor Relations to companies developing medical devices, pharmaceuticals and vaccines, biofuels, and oil & gas development, prior to joining SolarWindow Technologies, Inc. full time as Manager of Business Operations and Communications in 2011. Ms. Erickson has a strong background in writing and editing, preparing and distributing Company press releases, presentations, marketing materials, and website development. She also provides research assistance and manages general operations of the Company and vendor accounts, as well as communications and project management.
Ms. Erickson earned her B.A. from Grand Valley State University, graduating Cum Laude as part of the GVSU Honors College. She was awarded with Recognition for Academic Excellence and a Presidential Scholarship, as well as Outstanding Student and inducted into Phi Kappa Phi, a Collegiate Honors Society.
Mr. Paul Devers is co-founder of Cawley Architects, a firm with over 500 high-value projects in their portfolio, including numerous award-winning Platinum, Gold, and Silver-LEED certified buildings.
As the Design Director for Cawley Architects, he is actively involved in with the management and development of the creative process and design signature of the firm. During his career, Paul has developed hundreds of projects, including many multimillion-dollar facilities, for a wide range of industries. Paul holds professional registrations in Arizona, Texas, Colorado and New Mexico and is a Self-Certified Professional for the city of Phoenix and Surprise.
He is also a member of the National Council of Architectural Registration Board, the USGBC, and the Center for Health Design. Among clients, Paul is highly respected for his expertise, responsiveness, and collaborative style.
With over 42 years of experience as a practicing architect, Mr. Devers has provided senior architectural services for a wide range of clients and a variety of building types, including retail, industrial, hospitality, medical and office, the first market for the company’s electricity-generating glass.
Mr. Paco Bono brings more than 20 years of international glass industry experience across all segments of the business, including solar, architectural and automotive glass.
He is a second-generation glass manufacturing professional with extensive experience across North and South America, Europe, Asia and the Middle East.
Mr. Bono currently serves as the Vice President of International Development at LandGlass Technology, a global leader in the production of glass tempering furnaces and tempered vacuum insulated glass.
Mr. Dave Gralnik has more than 30 years of energy services and renewable energy experience. He has a broad range of expertise in consulting and business development across many companies and deregulated utility subsidiaries. He has an extensive background in leading the development of integrated projects that incorporate offsite renewable energy with onsite microgrid, HVAC and lighting solutions. These integrated projects were developed while considering a wide range of financial deal structures.
Mr. Gralnik founded and oversaw Jones Lang LaSalle’s global Alternative Energy Services practice. His global team worked with clients to review their sustainability objectives then assess portfolios for the site-specific feasibility of alternative energy technologies and installations; advise on third party and ownership deal structures; negotiate applicable agreements; oversee installation; pursue incentives from utilities and government entities; and provide ongoing management services at the sites. His efforts at JLL lead to over 70 MW of onsite carports being installed at over 125 locations in CA and his being presented the company’s Da Vinci award for innovation.
Earlier experience includes Vice President, Strategic Accounts and Alliances at Solar Integrated Technologies, where he was responsible for managing and expanding the company’s international strategic accounts (which lead to over 20 MW of rooftop solar in Spain and the US) and financing alliance partnerships.
Mr. Gralnik also served as an Area Sales Manager for Honeywell SES, focusing on the alternative energy market where he participated in the assessment and/or development of utility scale biomass systems, pipeline injected biogas from anaerobic digesters, combined heat & power projects and developing Power Purchase Agreements for roof top solar and utility scale systems. He was also an early participant in the development of the ESCO industry, founding the Western Region’s energy services group with Honeywell, Inc. and Johnson Controls.
His prior experience also included Vice President responsibilities in national accounts sales management and commercial structuring at TXU Energy, Sempra Energy Solutions, PG&E Energy Services (where he was a company founder) and Real Energy; a cogeneration based distributed energy company focused on commercial real estate. He was previously a member of the Board of Directors of Real Estate Energy Solutions, an energy services joint venture between PG&E Energy Services and Jones Lang LaSalle.
Mr. Gralnik holds a B.A. in business administration from California State University at Northridge, has been quoted in numerous articles and spoke at the 2010 World Energy Engineering Conference, and is Six Sigma certified.
Dr. Christopher Harris joined Vanderbilt University’s Center for Technology Transfer and Commercialization as Director of Licensing in October of 2011 and is responsible for leading all licensing activities. Prior to joining CTTC, Dr. Harris was the Associate Director for Licensing at the National Renewable Energy Laboratory in Golden, Colorado where he managed a team of licensing executives. He was also previously the Senior Licensing Manager at the University of Virginia Patent Foundation.
Dr. Harris has covered a broad range of technologies throughout his licensing career – from new drug compounds to engineering devices to medical imaging technologies and medical devices to consumer products to architectural works – and he has worked with all sizes of companies from sole proprietorships up to Fortune 5 companies. His experiences include management of large patent budgets, creation of IP management plans for large international consortia, business plan development for university technology start-ups, and patent infringement litigation. In 2010 and 2011 he was awarded with one of the Federal Laboratory Consortium’s Excellence in Technology Transfer awards.
Dr. Harris received his doctorate in nuclear physics from the University of Virginia in 2001. His doctoral work focused on the use of polarized electron-proton scattering to determine the charge distribution within the proton, a fundamental quantity known as GEp. Much of his graduate work pertained to the use of nuclear magnetic resonance to measure the magnitude and direction of the nuclear polarization in materials such as 15NH3, 15ND3 and 6LiD. He has twice been invited to speak at international workshops on the use of polarized targets in nuclear physics experiments and has co-authored papers published in Nuclear Instruments and Methods in Physics Research Section A and Physics Letters B, among others.
In 2003, he became a registered U.S. Patent Agent and in 2008 he became a Certified Licensing Professional. He has been an active member of the Association of University Technology Managers since 2001 and currently serves as an Assistant Vice President for Survey and Metrics.
Prior to his graduate school career, Dr. Harris worked as a software design engineer for Martin Marietta in King of Prussia, Pa. There he helped design command and control type software for a classified contract.
Mr. Kelly Provence is the President of Provence Electric Inc. and CEO of its subsidiary, Solairgen. Solairgen was founded in 2002 as a renewable energy design and installation company. Mr. Provence was involved in the early structuring of the Georgia Solar Energy Association (GSEA) and served as a director from 2005 to 2008.
Since 2002 Mr. Provence has designed and installed over 200kW of battery based PV systems, and has designed, installed or consulted on over 10MW of grid interactive PV systems. Currently he provides design consulting and inspection services to PV installation professionals. He holds three NABCEP certifications; Certified PV Installation Professional, Certified PV Technical Sales Professional and Certified Solar Thermal Installer and has been a Licensed Master Electrician since 1995.
In 2007 Mr. Provence re-focused the mission of Solairgen toward training and has developed nine solar PV courses from, entry level PV design, to technical sales, to advanced design and installation. Three of the courses are IREC ISPQ accredited and all are approved under the NABCEP Job Task Analysis. Mr. Provence is a strong supporter of NABCEP certification and continues to provide educational support to the industry. Several of his students have gone on to become CEOs and officers of the top PV integrators in the southeast.
Mr. Provence holds a degree In Marketing and Management and has spent most of his professional life working on electrical systems and solving solar PV engineering problems. In 2011 he was awarded Master Certified PV Trainer status from the Interstate Renewable Energy Council (IREC).
During a career that spans over two decades, Mr. Widner has overseen the production of 300 million square feet of tempered glass and more than 30 million insulated glass units (IGUs). Mr. Widner has amassed a broad range of valuable experience in the glass fabrication operations of the commercial, residential and transportation segments with expertise in manufacturing operations, product design and development, strategic sales, and process engineering. Currently, he manages glass fabrication operations throughout North America and Europe as the Director of Glass Fabrication and Technical Services for Lippert Components, Inc., which is a subsidiary of New York Stock Exchange listed LCI Industries.
Mr. Widner is a participating member of the Glass Association of North America and has served on the technical committees of an array of glass and fenestration related industry associations. In addition to various consultation roles to the glass and window industry, he has also served as Plant Manager of a commercial glass fabrication facility, Director of Manufacturing for a national vinyl window manufacturer and General Manager of a custom glass products organization.
Engineered to outperform rooftop solar by 50-fold.
Works in natural, shaded, and even indoor light.
SolarWindow™ modules are created by applying ultra-thin layers of liquid coatings on to glass and flexible plastics.
These liquid coatings produce ultra-small solar cells and form groups called ‘arrays’. Because of the family of materials we use and the way in which we architect our design, the final product is generically referred to as an ‘organic photovoltaic solar array’ (OPV).
Importantly, our liquid coatings are primarily made of hydrogen and carbon – two of the most abundant materials found in nature.
10-Q For the Quarterly Period Ended February 28, 2019
During the six months ended February 28, 2019, the Company purchased $565,850 of equipment, including a payment of $553,995 towards the purchase of manufacturing equipment with an estimated total cost of $1,846,650. That equipment is currently being fabricated to meet our process and product fabrication standards and requirements.
Restricted 31,333,372 09/05/2019
Unrestricted 21,625,951 09/05/2019
Held at DTC 16,333,467 09/05/2019
Float 16,459,948 as of 10/19/19 This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years. https://www.otcmarkets.com/glossary#penny-stock-exempt
Shareholders of Record 68 11/29/2018
|Symbol Change ||03/12/2015 ||WNDW ||Symbol change from NENE to WNDW |
Capital Change=shs increased by 3 for 1 split Ex-date=09/01/2006.
Capital Change=shs decreased by 1 for 3 split. Pay date=03/21/2011.
Solar Window Contact Details
9375 East Shea Blvd Suite 107-B Scottsdale, AZ 85260
+1 800 213 0689 , +1 301 476 7635