Industry: Utilities Renewable

Sector: Utilities

SolarWindow Technologies, Inc. engages in developing electricity-generating coatings for use in building window and glass applications. The company's LiquidElectricity coatings generate electricity by harvesting light energy from natural sun, artificial light, and low, shaded, or reflected light conditions. It applies ultra-thin layers of LiquidElectricity coatings to rigid glass, as well as flexible glass and plastic surfaces where they transform otherwise ordinary surfaces into organic photovoltaic devices. Its potential applications of LiquidElectricity coatings span various industries, including architectural, automotive, agrivoltaic, aerospace, commercial transportation, and marine. The company's LiquidElectricity coatings and SolarWindow products are under development with support from commercial contract firms and at the U.S. Department of Energy's National Renewable Energy Laboratory, through cooperative research and development agreements. The company was founded in 1998 and is based in Scottsdale, Arizona.

SolarWindow Technologies, Inc. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.