ClearVue Technologies (ASX:CPV)Share Price and News
About ClearVue Technologies
ClearVue Technologies Limited (ASX:CPV) is an advanced materials technology company and innovator in smart building materials, including the integrated photovoltaic solar glazing for buildings supply. It has been established to change how buildings receive their power by using solar energy through advanced technology that has been embedded into windows and facades.
The company's core product is ClearVuePV that is a frame of glass with a layer of micro and nano-particles that reflect the sun's rays towards embedded solar cells. The solar rays are converted to energy and the system allows up to 70% of the light to pass through, without obstructing the view. ClearVue can operate regardless of climatic conditions and it can do so autonomously.
The technology can generate up to 30 watts per square metre, can work in all climatic conditions, can be incorporated into existing window infrastructure or manufacturing processes without significant capex, can be applied in several settings and all without compromising transparency.
History of ClearVue Technologies (ASX:CPV)
ClearVue Technologies in its current form started life around 2010 and traces its origins to 1995 when founder Victor Rosenberg attempted to develop a method for glass to absorb and reflect heats for windows. The technology was developed in conjunction with Edith Cowan University in WA and was listed in 2018, in a deal valuing the company at $18m.
Initially, the technology was a frame that sat between two independent glass panels. It is now a glass unit in its own right. Since its 2018 IPO, CPV has made several small non-commercial trials to prove its worth. The most significant was the building of an entire greenhouse at Murdoch University, using CPV. It has been used for extensive data collection, not just on the panels but also their potential impact on plant yielding.
2024 was a spectacular year which ended with the company having 80% more executived license agreements, a licensee pipeline quadruple what it was 12 months prior, and project quotes more than triple. It is in the middle of a 12-18 month period during which it intends to realise its commercial plans. It is placing itself for future growth including building up a commercial team in key markets. It has a target of 23 new licensees by the end of CY25 which would amount to a total of 31.
Future Outlook of ClearVue Technologies (ASX: CPV)
With the growing, emphasis by the world on sustainability and efficiency in energy, ClearVue is in an excellent position to take advantage of that increased demand for solar windows and façades with its unique technology.
But, as with any small cap stocks, there are significant commercial risks facing it which investors need to be aware of including a lack of customer uptake and supply chain issues, among other risks.
Is ClearVue Technologies (ASX: CPV) a good stock to buy?
Essentially, ClearVue Technologies has emerged as a potential investment opportunity. With its patented solar PV glazing technology at the heart of innovation in smart building materials, there are no other technologies comparable to it. ClearVue's strategic focus on sustainability and energy efficiency is very promising based on global trends in the next few years.
While the market for smart building solutions is fiercely competitive, ClearVue has differentiated technology with strong partnerships that set it apart. The ability to scale production, plus a commitment to innovation, further enhances investment appeal for the company.
However, investment in such a company should be carefully weighed against potential risks, including market fluctuations and competition inherent to the industry. Anyway, considering the recent results of ClearVue and its favorable forecast, this company will be more than interesting for the investors in sustainable building technologies.
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Frequently Asked Questions
ClearVue Technologies concern themselves with smart building materials, largely the development of its patented solar PV-electricity generating glazing technology that can be inlaid into windows and façades in buildings to harness solar energy and enhance building energy efficiency.