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ClearVue Technologies (ASX:CPV) takes first order for solar glass to be used in public open space

Technology
ASX:CPV      MCAP $102.9M
28 June 2021 14:20 (AEST)
ClearVue Technologies (ASX:CPV) - Outgoing Executive Chair, Victor Rosenberg

Source: ClearVue

ClearVue Technologies (CPV) has received its first order for use of its solar glass in an outdoor public open space.

The order is for an outdoor covered seating area in a Sydney park and the glass will provide ultraviolet (UV), infrared (IR) and rain protection.

Additionally, the solar glass panels will generate power to provide light for the covered area.

The $114,000 order, of which 25 per cent has already been paid, consists of roughly 42 panels covering 104 square metres.

Delivery to Sydney will occur in or around the end of September, with further details to be provided once the panels have been installed and the park opens.

Executive Chairman Victor Rosenberg commented: “This new project, whilst a small project for the company, demonstrates the versatility of the ClearVue technology and products.

“Whilst this project will use the current ClearVue triple glazed low-e design, the energy efficiency aspects of the product are being used in this case not to maintain the internal environment within a building and and reduce energy demand. Instead, the triple glazed low-e aspects of the glass are being used to provide health benefits to park users by protecting them from the harmful effects of UV and the heat from the IR.”

Shares in ClearVue were up 1.18 per cent and trading at 42 cents at 3:50 pm AEST.

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