- ClearVue Technologies (CPV) designs glass for use on city buildings which acts as a solar panel
- The glass contains a thin film between each panel that dissipates heat to a central power system
- The products are expected to become high-value for builders looking to boost NABERS ratings
- The company says any standard mass production facility can easily make the panels without headache
- CPV shares are up 3.03 per cent, trading at 34 cents at 10:40 am AEST
ClearVue Technologies (CPV) has announced the successful demonstration of mass-scale manufacturing on a standard industrial production line.
The company’s manufacturer in China conducted a successful commercial production run, producing 80 Insulative Glass Units (IGUs), one variation of ClearVue’s product, in a continuous process.
These IGUs incorporate a thin material layer between each glass panel, converting solar heat into usable energy for buildings. ClearVue’s technology only added five minutes to the production cycle time, according to the company’s announcement today.
This data instils confidence in the company’s ability to produce IGUs efficiently in any standard industrial mass manufacturing facility worldwide.
Previously, these products underwent testing at a smaller factory in Singapore, which demonstrated a significantly reduced fabrication and assembly cost, estimated to be approximately 90 per cent cheaper compared to non-standardised procedures.
ClearVue continues to collaborate with various partners across multiple jurisdictions to identify the ideal location for a full-scale production run.
“Our Building-Integrated Photovoltaics (BIPVs) can be produced on mass production lines without the need for glass manufacturers to make changes to their standardised lines – providing them with reduced capital costs, and less downtime between different product runs,” CPV CEO Martin Deil said.
“Our ability to mass produce the Second Generation ClearVue IGUs confirms the commercial viability of our product for both large commercial and small-scale bespoke products.
“We are currently in discussions with multiple manufacturing license partners around the world. We are confident this demonstration provides certainty to potential licensee partners as well as our existing partners like AIT Group in the US.”
ClearVue is banking on the alignment of its products with the climate targets of independent national states and overarching bodies such as the UN, where the need to decarbonise cities presents a compelling value proposition.
CPV shares were up 3.03 per cent, trading at 34 cents at 10:40 am AEST.