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ClearVue Technologies (ASX:CPV) opens world-first solar greenhouse

Technology
ASX:CPV      MCAP $100.4M
19 April 2021 13:40 (AEST)
ClearVue Technologies (ASX:CPV) - Executive Chairman, Victor Rosenberg

Source: Finance News Network

Smart building materials company ClearVue Technologies (CPV) is set to open its world-first clear solar research greenhouse later today.

It will officially be opened at 1:00 pm by WA Innovation Minister Don Punch, Federal Member for Cowan Dr Anne Aly and ClearVue Chairman Victor Rosenberg.

Additionally, Murdoch University Vice Chancellor Eeva Leinonen and Murdoch Pro Vice Chancellor Professor Peter Davies will attend.

The greenhouse uses three different versions of its clear solar photovoltaic glazing panels and it lies at Murdoch’s new grains research precinct in WA.

The greenhouse will be used by Murdoch’s geneticist Professor Chengdao Li to develop new plant breeding technologies, ultimately integrating them to produce commercial crop varieties.

Further, ClearVue will undertake its own research regarding energy generation and energy efficiency.

By using clear solar glass, it allows natural sunlight to filter through and generate power using the unwanted ultraviolet (UV) and infrared (IR) light.

Additionally, the greenhouse incorporates a range of sensors that provide real-time data, allowing the scientists to access accurate information regarding temperature, humidity and the amount of light let in.

This data is then monitored to make automatic adjustments such as heating, cooling, lighting, fans and water distribution.

“We are confident that the ability to control the microclimate within the ClearVue greenhouse will create an optimum growing environment to achieve higher yields,” Victor commented.

“We are particularly proud to be working with Professor Li and his team at Murdoch to support agricultural research that is intended to improve global environment, food and health outcomes,” he added.

ClearVue is up 15 per cent on the market and shares are trading at 80.5 cents at 12:46 pm AEST.

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