Window and door manufacturer Andersen Corporation is doubling down on solar power with an investment in Ubiquitous Energy, a company whose transparent photovoltaic technology converts light into electricity using semiconductor materials while maintaining visual transparency.
Ubiquitous Energy’s UE Power™ technology is the only patented photovoltaic glass coating that harnesses solar power to generate electricity, while remaining almost indistinguishable from traditional windows. The renewable energy generation can be used for self-contained, on-board power and smart-home functionality, or to offset energy consumption elsewhere. It works within a portfolio of other renewable technologies for a larger, cumulative effect.
“Ubiquitous Energy’s transparent photovoltaic technology is revolutionary and represents a new horizon for the fenestration industry,” said Jay Lund, chairman and chief executive officer, Andersen Corporation.
With Andersen’s investment, Ubiquitous Energy recently closed its Series B funding round from several strategic and financial investors, enabling the company to accelerate the manufacturing and commercialization of its UE Power™ technology.
“We are thrilled to bring on Andersen as a new funding partner,” said Susan Stone, chief executive officer, Ubiquitous Energy. “We are committed to making an enormous impact environmentally and this latest funding round will help expand what’s possible in a renewable energy portfolio and change the way the world utilizes solar power – one window at a time.”
Ubiquitous Energy was started in 2011 by a group of MIT and MSU scientists and engineers looking for new ways to reduce humanity’s carbon footprint by seamlessly integrating solar power technology into everyday products and surfaces.