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Wednesday, November 25, 2020

Breakout Spotlight on Solarwindow Technologies Inc (OTCMKTS:WNDW)

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Solarwindow Technologies Inc (OTCMKTS:WNDW) is on the breakout radar this week after shares took off on Tuesday in response to a new collaboration agreement. One of the missing pieces in this interesting story is about how to scale production. The story revolves around the idea of a core change in how we source and locate photovoltaics for solar harnessing. But that only makes it onto the front page if it comes in massive scale.

In that vein, the company just announced that the company has advanced collaboration with one of the world’s leading suppliers of organic photovoltaic materials, used by SolarWindow to coat ordinary glass and turn it into electricity-generating windows. According to the release, “the collaboration with Raynergy Tek supports the company’s pursuit of high-volume production, increased power output, and enhanced transparency of SolarWindow products for tall towers and skyscrapers.”

Solarwindow Technologies Inc (OTCMKTS:WNDW) frames itself as a company that develops electricity-generating systems using see-through glass windows and flexible plastic products. It is developing SolarWindow electricity-generating systems that harvest light energy from the sun and artificial sources using a see-through, semi-transparent, and coating of organic photovoltaic solar cells.

WNDW is also involved in developing SolarWindowCommercial, a flat glass product for installation in new commercial towers under construction and replacement windows; SolarWindow Structural Glass, a structural glass walls and curtains for tall structures; SolarWindow Architectural Glass, a textured and decorative interior glass walls, room dividers, etc.; and SolarWindow Residential, a window glass for installation in new residential homes under construction and replacement windows.

Recently, the company achieved an important fabrication step. SolarWindow electricity-generating coatings were successfully processed through the rigorous autoclave system for window glass lamination at Triview, which really led to this deal.

Layered with SolarWindow coatings, glass modules were subjected to the extremely high heat and pressure of autoclave equipment located at Triview. Despite the harsh conditions, subsequent performance testing confirmed that SolarWindow modules continued to produce electricity, paving the way for today’s announcement and eventual deployment of the company’s electricity-generating glass products.

According to company materials, “SolarWindow Technologies, Inc. creates transparent electricity-generating liquid coatings. When applied to glass or plastics, these coatings convert passive windows and other materials into electricity generators under natural, artificial, low, shaded, and even reflected light conditions. Our liquid coating technology has been presented to members of the U.S. Congress and has received recognition in numerous industry publications. Our SolarWindow™ technology has been independently validated to generate 50-times the power of a conventional rooftop solar system and achieves a one-year payback when modeled on a 50-story building.”

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We’ve witnessed 20% during the past month in terms of shareholder gains in the stock. Moreover, the name has benefitted from a jump in recent trading volume to the tune of 36% above its longer run average levels. This jump in volume is particularly important given the tiny float in play of just 20.2M shares. As experienced traders know, increasing volume in a low float stock has the potential to feed a supply shock squeeze once some kind of momentum is established.

That scenario is elevated given the company’s move to collaborate with Raynergy, as suggested by management.

“This collaboration with Raynergy moves SolarWindow closer towards our goal of commercial sales and production, while ensuring a reliable supply of high-performance organic materials and preferred pricing necessary for the production of our electricity-generating glass.”

We see a viable and wide-open market for electricity-generating glass, and a strong pathway to commercialization for SolarWindow,” stated Dr. Phoebe Tan, Chief Executive Officer of Raynergy Tek. “Raynergy prides itself on contributing to its partners’ success, and we’re pleased to support SolarWindow in the advancement of its innovative products.”

Currently trading at a market capitalization of $290M, WNDW has a significant war chest ($2.8M) of cash on the books, which must be weighed relative to virtually no total current liabilities. The company is pre-revenue at this point. This may be a very interesting story and we will look forward to updating it again soon. Sign-up for continuing coverage on shares of $WNDW stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $WNDW, either long or short, and we have not been compensated for this article.

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