New Energy Technologies, Inc. (NENE.OB) Unveils Working Prototype
New Energy Technologies is a next-generation alternative and renewable energy developer. The company is working towards capturing and converting the wasted kinetic energy from moving vehicles into useful electricity. This electricity could be used to power commercial buildings, industrial applications, and even residential homes. New Energy Technologies today unveiled the company's prototype MotionPower energy harvesting device. This device is a first-of-its-kind, modular mechanical system engineered to exploit the energy wasted by moving vehicles in order to generate electricity. Once installed, engineers anticipate that MotionPower devices may be used to augment or replace conventional electricity supplies for powering roadway signs, street…