The company’s integrated glazing units (IGUs) form the basis of its solar solution.
An IGU is a clear, double-glazed glass panel with a laminated plastic interlayer that sits between the two glass panels. The laminated proprietary technology interlayer contains nano and microparticles.
Light is allowed to pass through the glass and the interlayer activates ultraviolet and infrared light and diverts the energy to thin solar strips embedded around all internal edges of the window, where they are then converted from energy into electricity.
ClearVue recently expanded its range of energy-promoting products with the introduction of its new building-integrated photovoltaic units (BIPVs). It enables the company to offer a solution for vision and non-vision areas of any building and allows for the complete external envelope of a building façade, using the new cladding and spandrel units, to be converted into a power-generating area.
ClearVue and Alutec’s partnership appears to represent a significant step towards revolutionising the construction industry with smart building materials. The combined market potential in Qatar, the UAE, Saudi Arabia and India clearly presents a big opportunity for the company and comes hot on the heels of a recent deal in the United States with a greenhouse manufacturer.
As ClearVue’s brand recognition grows, it seems the global market is peering through the looking glass to get a better view of its product and that, in turn, is likely to attract the attention of a broader investment market.
Shareholders backed that sentiment during today’s ASX intraday trading session, pumping the company’s stock up more than 21 per cent to a high of 53c on strong volumes.
Is your ASX-listed company doing something interesting? Contact: [email protected]