ClearVue Technologies

ClearVue’s future is closely tied to the global push for sustainable construction and renewable energy integration. CPV is in the middle of a 12–18-month period during which it intends to realise its commercial plan and is gradually seeing its plans come to fruition. The company already has achievements to boast of including more than tripling project quotes and its licensee pipeline. The company is positioning itself for further growth including by building up a commercial team in the key markets (particularly the USA) as well as building up its capacity and processes to meet future sales volumes. It has a target of 23 new licensees by the end of CY25, which would amount to a total of 31 – specifically 7 in the first half of the year and an extra 16 in the second half. Growth will not only come from deals with new clients but also from expanding deals with existing clients. For instance, ClearVue anticipates expanding its agreement with Aria Holdings (Alutec) to cover a subsidiary in India and one in Saudi Arabia, to target both jurisdictions’ construction markets. Looking more broadly, ClearVue is facing a global market opportunity that was US$23.7bn last year and is expected to grow at a CAGR of 21% to US$89.9bn by 2030 – namely, the Building-Integrated Photovoltaic (BIPV) Market. This growth is expected to be driven be growing demand for renewable energy, energy security awareness, favourable government regulations and global commitments to reduce greenhouse gas emissions.