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ClearVue Technologies (ASX:CPV) reports positive data from first year of solar greenhouse trial

ASX News, Industrial
ASX:CPV      MCAP $111.3M
19 April 2022 17:39 (AEST)

Source: ClearVue Technologies

Green energy and solar power specialist ClearVue Technologies (CPV) has revealed strong power generation, thermal efficiency, and plant science results from its solar greenhouse that first opened last year.

The greenhouse was opened at WA’s Murdoch University in a trial program to research the benefits of ClearVue’s technology.

A year on, ClearVue said the power generation data from each of the three rooms glazed with its product as part of the trial performed better than predicted for various periods throughout the year and overall.

Meanwhile, ClearVue is now installing its products onto a greenhouse in Japan through its licenced Japanese distributor, Tomita Technologies. The greenhouse is a commercial greenhouse that will be used to supply produce to the Aqua Ignis Hot Springs tourism resort in Sendai.

ClearVue Chairman Victor Rosenberg said the results demonstrated the power performance of the ClearVue PV glazing both as a power source for the project and also as a “significant contributor” to energy reduction within the operation of commercial greenhousing.

“Whilst the results show that we still have a little work to do in finding the optimum balance between power generation, minimal water use, and optimised light conditions for maximum plant growth, we are confident that we are close to finding this equilibrium point and are looking forward to working with the Murdoch team on the stage two plant science trials but also with Tomita on the commercial greenhouse at Sendai in Japan to round out this work,” Mr Rosenberg said.

“The Tomita Technologies greenhouse installation is itself progressing very well and will, in addition to offering a commercial greenhouse as a reference point, also serve as a good demonstration of a larger-sized ClearVue PV glazing performing in a cold-climate real-world setting.”

ClearVue’s glazing product is designed to be installed in glass panels to allow natural sunlight to filter through to help plants grow while at the same time harvesting energy from the unwanted ultraviolet and infrared light.

As part of the Murdoch trial, ClearVue installed three different versions of this panel glazing in the greenhouse next to a room with normal glazing to act as a “control” against which to measure the success of the ClearVue-glazed panels.

Along with strong power performance, ClearVue said the panels had also demonstrated a “significant thermal advantage” over the greenhouse room with normal glazing.

ClearVue said it would update the market on the second stage of the plant science trials as they continue.

Shares in ClearVue Technologies closed 1.35 per cent lower this afternoon at 36 cents each.

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