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ClearVue Technologies (ASX:CPV) advances world-first clear solar glass greenhouse

Technology
ASX:CPV      MCAP $101.6M
14 January 2021 17:30 (AEST)

A generic image of an agriculture growing operation. (Source: Shutterstock)

Installation of ClearVue Technologies’ (CPV) energy-generating photovoltaic glazing panels has begun on the world-first clear solar glass greenhouse.

The Australian company integrates solar technology into building surfaces and its products include glazing, which means renewable energy can be generated from windows without detracting from their transparency.

The greenhouse, which will utilize Clearvue PV IGU glazing, is being erected at Murdoch University in Western Australia and is part of a new $7.5 million grains research precinct.

ClearVue CEO Ken Jagger said the company expects the greenhouse will generate greater market awareness of what it has to offer.

“We are starting to see strong interest globally for the ClearVue product from greenhouse suppliers, growers and other protected cropping end-users. We expect the fully constructed greenhouse to lead to an even greater market awareness of our technology and product.”

The precinct is partially funded by infrastructure grants from the Grains Research Development Corporation and was officially opened by the Agriculture Minister Alannah McTiernanon last month.

“We look forward to updating the market once the greenhouse is commissioned in the next few months, and as the larger research aspects of the project progress,” added the CEO.

Plant trials in the greenhouse are expected to commence during March or April this year.

Shares have been trading 3.1 per cent lower at 31.5 cents at 3:02 pm AEDT.

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