ClearVue solar glass IPO – $5m

The ClearVue solar glass IPO has been a success, with the Perth based company debuting on the ASX after raising $5m AUD via an IPO. They now plan to float on the national stock market in March, if everything goes to plan with regards to their solar windows

We’ve previously written about the ClearVue IPO – back in March they lodged with ASIC to offer 25 million shares at $0.20 to raise the $5m AUD (although RenewEconomy are reporting they were hoping to raise $6m). It’a fantastic to see them reach this amount and take the business to the next step.

ClearVue solar glass

ClearVue Solar Glass and Windows
ClearVue Solar Glass and Windows (source: clearvuepv.com)

The patented ClearVue nano-technology was developed together with the Electron Science Research Institute (ESRI) at Edith Cowan University. Their BIPV (building-integrated photovoltaic) product generates a minimum of 30W per square metre of clear glass, whilst simultaneously insulating from heat and cold. They’re hoping to boost this 30W per square metre to 50W on the back of the upgraded funding.

ClearVue’s executive chairman Victor Rosenberg hasn’t been quoted since the success of the IPO but here he is a couple of months ago discussing their product:

“Our technology presents a paradigm shift in the way glass will be used in building construction, automobiles, agriculture and speciality products,” Rosenberg said.

“Glass will no longer be just a component of construction but also a renewable energy resource.”  

You can see the ClearVue panels used in places like bus shelters where they power LED lights and a digital bus display. No doubt we’ll see commercial scale production of the solar glass next. This will be offered to the agricultural and greenhouse sectors, as well as in building and construction.

In a world where it’s mandatory to have new solar panels on houses built in California, it’s certainly far from out of the picture to see solar glass installed in new buildings.

If you’ve like to learn more, click here to watch a video on ClearVue from their website.

Similar Posts:

ClearVue Technologies Solar Glass/Windows IPO

Western Australian solar glass company ClearVue Technologies are preparing to float on the ASX – in order to raise capital to sell their solar power generating glass windows globally. They’ve developed the tech in conjunction with the Electron Science Research Institute (ESRI) at Edith Cowan University. 

ClearVue Technologies

According to an interview with Finance News Network, ClearVue’s executive chairman Victor Rosenberg said the company is currently in the pre-development stage and are hoping to commence manufacturing the windows within the next 8 weeks.  They have a manufacturing partner in China called ROCKY Glass who will be making the windows to start, then they will licence the product worldwide, gaining income from both licensing and royalties. 

The ClearVue website have discussed their plans for the future: “Our technology presents a paradigm shift in the way glass will be used in building construction, automobiles, agriculture and speciality products”. 

ClearVue, founded in 1995, have lodged with ASIC to apply for 25,000,000 Shares at an issue price of $0.20 per Share to raise $5,000,000. Click here to download their prospectus and apply for shares online if you’re interested in their IPO. 

Solar Windows and Solar Glass

ClearVue Technologies Solar Glass and Windows
ClearVue Technologies Solar Glass and Windows (source: http://www.clearvuepv.com/)

ClearVue Technologies’ current offering is a patented nano technology – using BIPV (Building-Integrated Photovoltaic). Unlike most of their competitors the window remains clear, and the solar glass also “allows the visible light to pass through up to 70 per cent and it rejects the infrared and the UV from penetrating the room”. 

“Nobody actually has got clear glass,” said Rosenberg in an interview last year.  “They’ve got either lines or they’ve got dots, or looks like a chessboard with squares of solar panels on the glass.

“We are today, I would proudly say, the only commercial-size clear glass super building material producer.”

The windows currently generate 30W per square metre whilst simultaneously insulating and providing UV control. They’re hoping to reach 50W per square metre as they improve the BIPV technology. 

We’ve written quite extensively on solar windows – with technology such as perovskite solar cells and inkjet printed solar cells using Cyanobacteria among the more interesting ideas. There’s no doubt that this will be a huge market and there are quite a lot of competitors jostling to bring the best technology to market, so it’ll be exciting to see what happens!

Similar Posts:

Solar Cell Windows for sale in Asia

Some amazing technology out of Asia pioneered by Asahi Glass has windows with solar cells embedded in them being offered to the global market. These solar cell windows will be marketed to developers worldwide, with a focus on Australia and Oceania.

Asahi Glass Solar Cell Windows

This technology isn’t new (it has been offered to the Japanese market since 2000), but is experiencing a resurgence as Asahi are preparing the product for export. The windows will be offered for developers to implement as part of construction packages in order to help meet Asia’s rapidly growing renewable power needs.

The solar cell windows can generate 2-4 watt hours per square 15.6cm per side, depending on design. The plan is to sell Sunjoule to construction projects in Australia and the rest of Oceania – they’ve already installed in Cambodia, Singapore, and Hong Kong where they have set up shop to target European and US property developers who want to add unique and eco-friendly functionality to their building designs. They also plan to start producing these energy-conserving solar cell windows/glass in 2018 in Indonesia, according to Nikkei.com. Here’s an article from Inhabitat talking about the ‘nanosolar‘ thin and flexible solar cell coating which is utilised in the panels.

About Asahi

Asahi Glass Co Solar Cell Windows Australia
Asahi Glass Co Solar Cell Windows

Asahi are a global glass manufacturing company who offer myriad products such as heated windshields and 3d curved cover glass for car mounted displays. They turned over $12.8 billion USD in the 2013 financial year and have 51,500 consolidated employees so they are a major player in the industry. According to Wikipedia they are one of the largest flat glass producing companies in the world.

Asahi India Glass Ltd. (AIS) – who are an Indian affiliate of the company – also offer a mobile app called ‘AIS – World Of Glass’ for end users and partners to gain a deeper insight and experience into their portfolio of glass offerings. Click here for iOS and here for Android if you’d like to give it a try!  We’ll be interested to see how much the solar panel technology increases over the coming months and years and how Asahi are able to improve and enhance their offering – solar cell windows are a great innovation and it’ll be interesting to see how quickly the technology is picked up worldwide and how competitors react to this product.

Similar Posts: