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ClearVue achieves IEC certification

Renewable Energy
ASX:CPV      MCAP $65.70M
09 December 2019 15:00 (AEDT)

ClearVue Technologies (CPV) reported its PV IGU product has met all the requirements for IEC 61730 and IEC 61215 certification.

International Electrotechnical Commission (IEC) certification is a key requirement for sale of the ClearVue solar PV IGU in Europe and many other international markets.

IEC is an international standard-setting organisation based in Switzerland that prepares and publishes international standards for all electrical, electronic and related technologies.

The certification clears the way for sales of the product into Europe and other international territories.

Executive Chairman Victor Rosenberg says the certification is a major milestone for the company and is the first time this kind of product has been certified.

“The IEC certification clears the way for product sales into Europe and other IEC reliant territories,” Victor said.

“Europe and the USA represent the most evolved markets for building integrated photovoltaics sales and uptake – currently these regions combined comprise around 70 per cent of the global market share for BIPV sales so these certifications are critical for the company in reaching its largest markets,” he added.

ClearVue is an Australian technology company that operates in the building integrated photovoltaic sector, which combines solar technology into glass and building surfaces, specifically windows and building facades, to provide renewable energy.

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

“These certifications, apart from giving complete confidence to end-customers, architects, façade engineers, developers, specifiers etcetera – it also gives potential licensees, whether manufacturers or distributors, confidence that the products can be sold in their territories eliminating a key question when entering into licensing discussions,” Victor said.

ClearVue is up slightly on the market today and is trading at 18¢ apiece at 12:03 pm AEDT.

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