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ClearVue kicks till with second US greenhouse sale

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By Craig Nolan

ClearVue Technologies has sold a second package of its integrated solar glazing windows to a leading United States-based greenhouse manufacturer, which plans to use the high-tech product to help construct a new demonstration facility in California.

Management says the exhibit by System USA – which has a 40-year history in greenhouse manufacturing – will promote the advantages of its window technology that is designed to maximise energy produced from sunlight. Use of the glass also triggers qualification for incentives provided under the US Inflation Reduction Act.

ClearVue Technologies says its solar glazing units provide unrivalled energy benefits when installed in buildings and greenhouses.

ClearVue Technologies says its solar glazing units provide unrivalled energy benefits when installed in buildings and greenhouses.

ClearVue believes the supply of its integrated glazing units (IGUs) strengthens its partnership with System USA, noting that the approved licensee is recognised as a growing supplier of green solutions within North America.

‘The global market for solar greenhouses is a critical part of our growth strategy.’

ClearVue Technologies global chief executive officer Martin Deil

It believes the order valued at about US$118,000 (AU$175,000) will showcase its innovative windows to a wider market and open doors for the technology to be used on a bigger scale within the Californian company’s greenhouse business.

ClearVue Technologies global chief executive officer Martin Deil said: “The global market for solar greenhouses is a critical part of our growth strategy. Our immediate focus is on the US market where we can leverage government incentives for renewable energy solutions in agriculture.”

Deil said the repeat order with System USA validated the company’s technology through its the relationship with a key player in the US greenhouse industry. ClearVue is laser-focused on the US market as it offers huge growth potential with many of its cities revealing stated net-zero targets.

Management recently opened a new office in San Jose, receiving a fanfare of publicity including a front-page story in a local Californian newspaper. It is timely promotion as the company plans to engage the US investment community on the back of recent policy initiatives that provide incentives for the construction sector and promotes net-zero emission goals.

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.

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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.

The company 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.

It also provides a net-zero solution for buildings.

ClearVue’s US expansion is off to a promising start and the latest deal may just be the catalyst for many sunny days for the Australian solar building supplier.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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Original URL: https://www.brisbanetimes.com.au/business/companies/clearvue-kicks-till-with-second-us-greenhouse-sale-20240704-p5jr7m.html