National Thermovoltaics, in partnership with Advanced Thermovoltaic Systems, has been working around the clock to disrupt the alternative energy landscape. On November 19th, our 5kW demonstration unit surpassed Proof of Concept as it produced 9.771 kW gross power. Our best thermovoltaic module produced 9.25% gross thermal efficiency (4.83% average gross thermal efficiency and 3.95% net thermal efficiency.) This performance was third-party witnessed by SGS during intense winter conditions.
This sets the stage for an outstanding performance at one of the world's largest cement plants next month. We have significant opportunity for additional performance gains already 1-2 years ahead of our innovation road map.