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ClearVue Technologies (ASX:CPV) - Executive Chairman, Victor Rosenberg
Executive Chairman, Victor Rosenberg
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  • Smart building materials company ClearVue Technologies (CPV) has signed a collaboration agreement with eLstar Dynamics B.V. in the Netherlands
  • The companies want to create a wireless smart window that is capable of energy production and lighting control
  • They will create the window by using both of their technologies
  • ClearVue is supplying samples of its integrated glazing unit (IGU) to eLstar in the coming weeks, however, there might be shipping delays due to COVID-19
  • When eLstar receives the product, it will begin testing the two technology together
  • If successful, they’ll create a large version for demonstration
  • ClearVue is up 13.6 per cent on the market this afternoon, trading or 12.5¢ apiece

Smart building materials company ClearVue Technologies (CPV) has signed a collaboration agreement with eLstar Dynamics B.V. in the Netherlands.

eLstar develops and industrialises the next generation of smart glass applications in the building and transport industry.

The aim is to create a wireless smart window that is capable of energy production and lighting control.

The companies will create the window using both ClearVue PV technology and eLstar’s electrophoretic dynamic glazing technology.

ClearVue is supplying samples of its integrated glazing unit (IGU) to eLstar in the coming weeks, however, there might be shipping delays due to COVID-19.

When eLstar receives the product, it will begin testing the two technologies together and if successful will create a large version for demonstration.

If everything goes to plan, the companies will form a joint venture or other arrangements so that they can produce and market the window together.

eLstar CEO Anthony Slack says getting power to a window is not an easy task and is an expensive one. However, together with Clearvue, this task can be completed easier and not has expensive.

ClearVue’s Executive Chairman, Victor Rosenberg, says eLstar’s electrophoretic switching solution needs power inside the IGU or window to operate the control systems, which switches and dims the glass.

“[This is something] we are confident that the ClearVue PV solution can provide,” he said.

Victor says the two technologies are the “perfect fit.”

“The first step is to complete the initial trial and then we look forward to working with eLstar to scale their product to be suitable for commercial use and sale with a view to combining this into a market-leading end-product,” he added.

“We are very excited to be working with ClearVue on this initial trial and then, subject to its success, look forward to working with ClearVue to explore licensing and sales opportunities together,” Anthony said.

ClearVue is up 13.6 per cent on the market this afternoon, trading or 12.5¢ apiece at 3:32 pm AEST.

CPV by the numbers
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