Andersen Corp. invested in Ubiquitous Energie, a transparent photovoltaic company that converts light to electricity using semiconductor materials and maintains visible transparency.
Ubiquitous Energy’s UE Power technology is a patented and transparent photovoltaic glass coating that harnesses solar power to generate electricity, while remaining almost indistinguishable from traditional windows. The technology delivers the same natural experience as traditional windows, but with renewable power generation that can be used to self-contained, onboard power, smart home functionality or offset energy consumption elsewhere.
“Ubiquitous Energy’s transparent photovoltaic technology is revolutionary and represents a new horizon for the fenestration industry,” says Jay Lund, chairman and CEO of Andersen Corporation. “As America’s premier window and patio door manufacturer, Andersen is excited to support the work of Ubiquitous Energy to bring solar power into homes and commercial buildings through windows and doors, creating new opportunities for energy efficiency, cost savings and smart home integrations that will both delight homeowners and contribute to a healthier planet.”
With Andersen’s investment, Ubiquitous Energy recently closed its Series B funding round from several strategic and financial investors [link to press release]The company can now accelerate the production and commercialization of its UE Power technology. Andersen & Ubiquitous Energy will work together to make it possible for more people to see the power and reduce the carbon footprint in buildings.
“We are thrilled to bring on Andersen as a new funding partner,” states Susan Stone, CEO of 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.”