ClearVue Technologies (ASX:CPV) - Executive Chairman, Victor Rosenberg
Executive Chairman, Victor Rosenberg
Source: Finance News Network
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  • ClearVue Technologies (CPV) has announced its integrated glazing unit prototype’s power performance has increased by over 33 per cent
  • The 40-watts-per-square-metre power level has been achieved with ClearVue’s current photovoltaic technology
  • ClearVue’s advanced glass technology aims to preserve glass transparency for aesthetic purposes while also generating electricity
  • The company will conduct further work to make the design ready for sale and include it in its product portfolio
  • ClearVue is up 8.33 per cent, with shares trading for 13 cents each

ClearVue Technologies (CPV) has successfully improved its prototype showing a 33.3 per cent power output increase to a peak of 40 watts per square metre

The 40-watts-per-square-metre power level has been achieved with the current ClearVue technology platform, including its nano and micro photonic interlayer technology.

This milestone is the result of eight months of research and development work carried out to improve optics and enhance the photovoltaic (PV) cell technology into the ClearVue standard integrated glazing unit (IGU) design.

ClearVue’s advanced glass technology aims to preserve glass transparency to maintain building aesthetics whilst generating electricity.

“I am personally very proud to announce this major milestone for the company with an uplift in power from 30w per square metre peak to 40w per square metre peak representing a 33 per cent increase in performance,” Executive Chairman Victor Rosenberg said.

“Importantly this increase in power in the current design will have an immediate material impact on the payback period for customer projects as well as carbon embodiment for the ClearVue product,” Victor added.

The improved IGU design demonstrated better end-product aesthetics without compromising the transparency of the ClearVue PV IGU product, and with no expected additional cost per square metre in the commercial end-product.

However, ClearVue will need to undertake further work to make the design ready for sale and include it in its product portfolio.

That work includes product certification testing to add this new design to ClearVue’s current product safety certifications for the IEC and UL 61730 standards. At this stage, this is scheduled for 2021.

ClearVue is up 8.33 per cent, with shares trading for 13 cents each at 12:06 pm AEST.

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