Investors have smiled on ASX-listed smart building material company ClearVue Technologies (ASX:CPV) which has wrapped up construction of its first demonstration site.
The company has installed its clear solar PV glass into its first demonstration site – the entrance atrium at Vicinity Centres’ Warwick Grove Shopping Centre in Western Australia.
The news saw ClearVue’s share price climb as much as 1.5c, or 6%, to an intraday high of 27.5c.
The project has upgraded the Northern entrance door area to the Centre by replacing an older existing glass atrium with a new ClearVue solar PV glass atrium.
“The Warwick Grove Centre project represents a major milestone for the company – our first real site where people are able to see the ClearVue PV glass being used and performing in a commercial setting,” ClearVue Executive Chairman Victor Rosenberg said.
“By integrating our solar glass into the atrium entrance at this Centre, we are now able to demonstrate how ClearVue’s technologies can be deployed as skylights and building facades in commercial and retail applications.”
Mr Rosenberg said another first in this project was the company was able to demonstrate ClearVue’s technology could be deployed into different shapes.
“This project required the design of triangular and nonrectangular polygon solar PV IGUs,” he said.
Through this first project we look forward to being able to demonstrate the many significant benefits that can be had by building owners and operators through deployment of ClearVue’s glass technology. Additionally, we hope to be able to show the versatility of our product and technology to another group of potential customers for ClearVue’s technology – shopping centre and retail operators.”
The atrium entrance area ClearVue PV glass will charge a battery for energy storage and will provide power for lighting in the atrium, outside signage and for a display screen inside the Centre.
The display will provide information on the performance of the atrium in terms of its power generation, energy savings made and carbon offsets. The atrium may also be further upgraded to include other real time information collected from IoT sensors integrated with the atrium structure and powered by the ClearVue PV glass.
