Solar Window Technologies, Inc., US developer of electricity-generating windows for towers and skyscrapers, announced an outlook regarding its former disclosed agreement for the fabrication of its products with suburban Los Angeles-based Triview Glass Industries, LLC. According to the company, Solar Window Technology targets to raise capital in Q4 2017 to Q2 2018 for integration of its technology at Triview, the acquisition of coating and ancillary equipment for installation at Triview to fabricate electricity-generating glass products, and for working capital. In Q2 2018 and Q3 2018 the company aims a follow-on capital raise for the build-out of technical and production personnel; and purchase and installation of additional manufacturing equipment, raw materials and supplies.
Solar Window products are being developed in collaboration with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) under a Cooperative Research and Development Agreement (CRADA).
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