News

Industrial Nanotech Enters Solar Energy Market After Completing Field Trials

March 22, 2009 by Jeff Shepard

Industrial Nanotech, Inc. announced that the company’s "Nansulate® Solar" is currently being specified on both solar panels and the pipes and tanks of solar hot water systems to increase efficiency and lower operating costs.

"Field trials of Nansulate Solar began a year ago in March of 2008 by Universal Energy Group, Inc., located in Stockton, California," stated Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech. "After twelve months of data collection, the product proved to successfully increase the efficiency and lower the operating cost of solar systems when used on the solar panels of solar energy systems and on numerous components of solar hot water systems. Universal Energy Group is now including Nansulate Solar as the standard in their solar installations and selling to other solar energy companies."

Kevin Lagorio, CEO and Founder of Universal Energy Group, Inc., explained, "Nansulate is so important for solar thermal installations. It is not only its great ability to insulate tanks and piping, but its overall ability to work in the high tech solar thermal installations, where the new flat plate panels are combined with more expensive evacuated tube panels, which saves the customer money by lowering the overall cost of the system, but still boosts wintertime performance."

Stuart Burchill, CEO/CTO of Industrial Nanotech stated, "Our expansion into the solar energy market represents a critical component of our strategic initiative, implemented in Q3 2008, to target markets and industries that are expected to thrive despite the current economic turmoil and protect our five year record of triple digit revenue growth in 2009. The commencement of our recently announced project with the US Army is another example of that strategy which, to date, is proving to be successful."

Nansulate is the company’s patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire resistance, chemical resistance, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate product line includes industrial, residential, agricultural and solar thermal insulation coatings.