Las Vegas, NV -- (SBWIRE) -- 01/14/2014 -- New Energy Technologies Inc (OTCMKTS:NENE) operates as a development stage renewable and alternative energy company.
New Energy Technologies Inc develops SolarWindow electricity generating system which facilitates to harvest light energy from the sun and artificial sources and it generates electricity from a see through and semi transparent coating of organic photovoltaic solar cells. It also develops MotionPower electricity generating system that harvests kinetic or motion energy from vehicles and facilitates the conversion of this captured energy into electricity.
MotionPower products of the company comprises of MotionPower-Heavy which is a fluid-driven system for installation at sites where big rigs travel below 15mph and are in the process of slowing down, MotionPower-Auto which is 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 which is a mechanical system for installation at sites where various cars, buses, big rigs, light-duty trucks, motor homes and commercial vehicles are traveling faster than 15mph and are in the process of slowing down.
New Energy Technologies Inc was formerly known as Octillion Corp. It changed its name to New Energy Technologies, Inc. in January 2009.
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