ClearVue debuted on Australian Securities Exchange on May 25, and we're taking a closer look at the exciting technology behind this Perth-based company.
ClearVue is listed under ASX code CPV.
In short, ClearVue transforms glass buildings into urban solar farms. How? By combining solar and building innovations to create a "solar glass" - a special surface that allows windows to absorb sunlight and transform it into electricity.
In other words, it's an energy generating glass. Yes, high-tech, clear solar windows for you and me.
Let's see how it works.
How ClearVue Glass Technology Works
From the outside, it may look like a standard window. However, it's not that simple. On the inside, the glass consists of two pieces and has a special, sandwiched interlayer full of nano and micro components that prevent heat and unwanted solar radiation (UV or Infrared) from penetrating the glass pane.
The technology allows daylight to pass through the glass, while the invisible wavelengths of light are deflected to the edges of the glass where they are converted into electricity. It allows the natural visible wavelength light to pass through mostly unaltered.
This video can help you understand how ClearVue works:
The ClearVue windows have high transparency (up to 70%). They can be widely used in urban environments. Think about sun-powered community spaces, bus stops, multi-office skyscrapers and the like.
For example, an experimental bus shelter in Port Melbourne already generates its own energy for lighting quite successfully.
The technology can also be used for residential purposes (utilising glass windows and doors). Benefits? Enjoying sustainable architecture while cutting energy bills and reducing our reliance on fossil fuels. It can also reduce heating and cooling costs by providing better insulation to the property.
It can be used for agriculture too (i.e. for glazing greenhouses and providing both insulation and extra energy for desalination or lighting).
By the way, ClearVue has already received $1,620,470 as a Federal government grant to develop cost-effective self-sustaining glasshouses.
ClearVue Product Specifications
ClearVue glass was developed jointly with experts from the Electron Science Research Institute at Edith Cowan University (ECU) in Perth.
It can produce energy at a minimum 30W per square meter during the peak hours. It can also control up to 90% of infrared and ultraviolet radiation.
ClearVue claims a lifespan of 20+ years for their patented solar glass technology.
The manufacturing process is set in China with manufacturing partner Rocky Industry Glass which has the capability of producing one square metre panels at a rate of 300,000 per year.
On May 25th ClearVue debuted on ASX. Earlier this year the company has issued up to 25 million shares at an issue price of $0.20 per share and successfully raised $5 million on IPO, giving the company a market capitalisation of A$19 million at the offer price.
“Unlike other solutions on the market, which use materials that are not completely transparent, ClearVue’s technology maintains clear glass,” he said. “This is a fundamental property of glass as a building material as it visually allows people to connect with the outside world.”
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Photo credit: Depositphotos, ClearVue