Our patented technology is a self-assembling nano-coating. When applied, the nano coating transforms the surfaces interfacial characteristics to be able to repel water. The coating is thinner than any of the competitors, and does not change the appearance or chemical makeup of the surface. The goal of our technology is to apply it to the glass surface of solar panels. The hydrophobic characteristics will allow water to glide off, allowing the solar panels to be self cleaning, resulting in more efficiency.
Our mission is to stabilize the efficiency of solar panels ability to produce solar energy. Our coating can increase solar farm productivity up to 40% . The value we add to this industry is providing a premium solar panels that can, over time, decrease the cost and labor associated with maintaining solar panels.
Technology and Systems
Our technology is a self-assembling nano film coating that can bind to the surface of any inorganic surface and creates interfacial hydrophobic characteristics. This coating is only 1-2 nm thick, which is smaller than a strand of dna. The unique self-assembling molecule technology of this coating makes our product extremely strong and long lasting. It also assumes self leveling characteristics, allowing for a balanced and even application. Simply put, the coating is an invisible water repellent film for long term solutions. This coating will be applied at the manufacturing level for maximum efficiency and durability.
We decided to focus on improving the renewable energy industry, more specifically solar panels. As the world scrambles to find a cleaner source of energy, improving efficiency of green energy technology has become a serious issue. This highlighted concern will allow us to participate in various clean energy and clean-tech exclusive business plan competitions to fund additional product testing and development. Our market positioning goal is to oem the product, and sell it directly to solar panel manufacturers who will coat the solar panel before the end-user receives it (commercial & residential), with additional possible revenue streams for reapplication methods.
The solar panel industry is worth 3 billion dollars with an annual growth of 75.9%. The market has increased public support for green energy has led to tax incentives and grants to encourage investments in solar power. Industry performance is dependent on the volume and price of solar generation, which is driven by overall electricity consumption. Vecense’s end-customer would be any solar panel purchaser than would benefit or prefer the increased efficiency of solar panels with our coating. This eco- friendly process can minimize the cost and labor in maintaining solar panels and increase efficiency for the consumer, thereby adding value for the customer while advancing technological progression of renewable energy.
The managing partners are five students in the Wolff Center for Entrepreneurship in the Bauer school of business at the University of Houston. The inventor of the technology is Dr. Randall lee, director of the chemistry department at the University of Houston. This business concept development is being overseen by the faculty at the Wolff Center for Entrepreneurship. Vecense is currently developing a mentor and advisor network of industry experts in marketing, business development and the solar panel industry.