Sage Electrochromatics, inventor of an international breakthrough glass innovation; a window that can be switched on or off to reject up to 98% of the sun's heat & light on demand, has received US$ 103M from the Obama admin Department of Energy. At the beginning of 2010, the company was one of the recipients of the Recovery Act funded Advanced Energy Manufacturing Tax Credits (for US$ 31M) & has now been offered an additional US$ 72M loan guarantee to help it invest in a 250,000-sq.ft. volume manufacturing facility to increase operations for the production of energy-saving glass. "This investment will help cut utility bills, reduce carbon pollution & create jobs our economy needs," said Energy Secretary Secretary Chu. SageGlass® is made the same way that regular energy-efficient low-E glass is made, coating regular glass with layers of metal oxides.
