Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Smart building material company, ClearVue Technologies is now able to produce a panel nearly double the size of its current largest panel
  • The new panels are 2.3 metres high and by 1.2 metres wide
  • These panels will expand the company’s sales opportunities

ClearVue Technologies is now able to produce a panel nearly double the size of its current largest panel.

The company can now produce panels that are 2.3 metres high by 1.2 metres wide. These panels will expand the company’s sales opportunities by providing architects and engineers more products flexibility.

The new panels will offer the same high-transparency, energy efficiency and acoustic control benefits as ClearVue’s smaller-sized panels.

ClearVue Technologies is an Australian technology company that operates in the Building Integrated Photovoltaic (BPIV) sector. This involves the integration of solar technology into building surfaces, specifically glass and building façades, to provide renewable energy.

The company has developed advanced glass technology that aims to preserve glass transparency to maintain building aesthetics whilst generating electricity.

The new panel has had power and performance testing completed at Shanghai Solar Energy Research Centre, a certified industrial testing laboratory in China, using standard testing equipment and procedures.

The first large-scale prototype has since been re-tested by researchers at Edith Cowan University (ECU) during mid-September 2019 in outdoor natural sunlight in Perth, Western Australia.

ECU’s measurement results have confirmed the validity of the characterisation results received from China, and the test measurements/results made in the Shanghai laboratories.

ClearVue’s Executive Chairman Victor Rosenberg said that it’s been the company’s goal for the past 12 months to create the new panel.

“The larger panel is a major breakthrough for the Company and significantly opens up our opportunities to engage with architects and engineers seeking an uninterrupted view through the windows they are installing into new-build projects,” Victor said.

The new panel size fits the requirements that many architects require for a floor-to-ceiling visual effect with most high-rise floors in the 2.3 meters to 3 metres range.

ClearVue has gained 19.35 per cent on the ASX today and is currently selling shares for 18¢ apiece at 11:08 am AEST.

CPV by the numbers
More From The Market Herald

" Concrete sector commits to carbon capture

The Global Cement and Concrete Association (GCCA) has announced an industry-wide zero carbon emissions target by 2050.

" QEM (ASX:QEM) shares take off on initial clean energy study

QEM (QEM) is pushing ahead to claim its stake in a planned clean energy hub in Queensland after finalising initial studies into potential
The Market Herald Video

" Bioenergy producer Delorean (ASX:DEL) makes ASX debut

Delorean Corporation (DEL) has made its debut on the Australian Securities Exchange after raising $14 million through its oversubscribed IPO.

" MPower Group (ASX:MPR) successfully connects Kadina to SA electricity grid

MPower Group (MPR) has successfully connected a five-megawatts (MW) solar project to the national electricity grid at Kadina in South Australia.