Jun 2 2009
New Energy Technologies, Inc. (OTCBB:NENE), a next-generation alternative and renewable energy developer, today announced that the Company has now filed nine new patent applications with the United States Patent and Trademark Office (USPTO) in order protect novel features of its recently prototyped MotionPower™ technology for generating electricity from the kinetic energy of moving vehicles.
“In recent weeks, our engineers have achieved a major development milestone by completing New Energy’s first-generation MotionPower™ prototype -- a modular system for capturing the kinetic energy of cars in motion and converting that energy into useful, valuable electricity,” explained Mr. Meetesh V. Patel, President and CEO of New Energy Technologies, Inc.
“Importantly, our numerous patent filings help ensure that the intellectual property related to New Energy’s novel MotionPower™ technology is afforded the protections we need in order to confidently advance our next-generation prototypes, and move aggressively towards commercial implementation of this truly transformational energy-capture technology for generating electricity in a brand new way.”
Currently, nearly 70% of America’s electricity is generated by coal and natural gas, according to the U.S. Energy Information Administration. The environmental impact of greenhouse gas emissions and rising costs of these non-renewable fuels, along with the potential doubling of global electricity consumption in the coming years, clearly illustrate the urgent need for more creative, sustainable methods for generating electricity in the United States, the world’s largest consumer of electricity.
In response, New Energy engineers have developed MotionPower™ technologies, designed to generate ‘clean’ electricity by harnessing the kinetic energy of the estimated 250 million registered vehicles which drive more than 6 billion miles on America’s roadways every day.
New Energy’s first-generation MotionPower™ device has been configured as a modular, low-profile assembly, which can be mounted directly atop existing roadways with little or no modification to the roadway itself. MotionPower™ modules can be quickly installed and any components in need of replacement or repair can be quickly and easily changed without major construction work and accompanying delays to traffic. Above all, the unit’s modular design provides installers with the flexibility of shortening or lengthening the MotionPowerTM energy harvester in order to customize the system based on site conditions while maximizing power output.
Engineers are actively optimizing the efficiency of New Energy’s MotionPower™ device in preparation for installations at high traffic locations such as toll booths, traffic intersections, rest areas, travel plazas, border crossings, and neighborhoods with traffic calming zones.
Once installed, engineers anticipate that MotionPower™ devices may be used to augment or replace conventional electrical supplies for powering roadway signs, street and building lights, storage systems for back-up and emergency power, and other electronics, appliances, and devices in homes and businesses.