- ClearVue has signed an original equipment manufacturer (OEM) agreement, with BeyondPV, a Taiwan-based solar module manufacturer
- BeyondPV will work with ClearVue on ongoing research and development to improve ClearVue’s smart façade products
- The Taiwanese manufacturer will invest roughly $5 million to produce ClearVue’s solar strip modules
- ClearVue is up 7.14 per cent on the market today and is trading at 15 cents apiece
ClearVue has signed an original equipment manufacturer (OEM) agreement, with BeyondPV based in Taiwan.
BeyondPV is a leading developer and designer of photovoltaic technologies and thin-film solar cells.
ClearVue is an Australian technology company that operates in the Building
Integrated Photovoltaic (BPIV) sector, which involves the integration of solar technology into glass and building surfaces, specifically windows and building facades, to provide renewable energy.
Under the agreement, BeyondPV will design, manufacture and supply to ClearVue for use in ClearVue’s solar PV insulated glass unit (IGU), windows and smart façades.
BeyondPV will invest approximately $5 million to produce CleaVue’s solar strip modules.
BeyondPV will provide ongoing research and development activities for continuous improvement of the ClearVue product and technology.
Together, the companies will aim to maximise solar strip shipments for ClearVue to target solar module strip shipment volumes in 2020, which is to be over 200,000 strips.
ClearVue Executive Chairman Victor Rosenberhs said this agreement represents a significant step forward for the company.
“As previously announced, formalising the relationship with BeyondPV secures for ClearVue and its manufacturing partners the supply of high-quality high-performance solar strip modules,” Victor said.
“For integration into the ClearVue IGU and smart façade products – a critical component in the ClearVue IGU design and products and a critical element in the ClearVue supply chain,” he added.
ClearVue’s window technology is used mainly in the building and construction, and agricultural industries.
BeyondPV president Dr Wei-Lun (Bowen) Lu says he is looking forward to a long future with ClearVue.
“BeyondPV are very pleased to be working with the ClearVue team on developing this very significant opportunity – one that is perfectly timed to the needs of the world as we move into this climate crisis focused era,” Wei-Lun said.
Wei-Lun says that buildings are a very significant contributor to greenhouse gases and belives that architects all over the world are aware of this. He says it is an urgent need for better-designed, energy-efficient buildings.
“The ClearVue product fits right into this need and we are very pleased to be a part of assisting with the delivery of this world-leading solution,” he added.
“The BeyondPV team are a pleasure to deal with and importantly share the vision for the ClearVue solar PV generating smart windows and smart facades – we are looking forward to a successful long-term relationship with BeyondPV,” Victor said.
ClearVue said it will continue to obtain supply from the other OEM manufacture of its solar strip modules until BeyondPV can produce at high capacity for ClearVue.
ClearVue is up 7.14 per cent on the market today and is trading at 15 cents apiece at 12:40 pm AEDT.