Can ClearVue Technology crack the US market?
- Phil Carey
- Jul 28, 2019
- 2 min read
Updated: Jun 15, 2020
In five years, the “Smart City” market is estimated to be worth more than USD 2.57 trillion by 2025** and Australian technology company, ClearVue Technologies Limited (ASX:CPV), is banking on grabbing a share of it.
There is no doubt that the push is on for cleaner, smarter technology like Clearvue's "turn windows into electricity generating solar panels."
For example, in what will be one of the most aggressive climate change action plans to date, New York Gov. Andrew M. Cuomo and legislative leaders have reached an agreement to pass Senate Bill S6599, which sets a net-zero emissions economy goal by 2050.
Executive Chairman of ClearVue, Victor Rosenberg, told InsideMarket.net recently that they are targeting that market and have:
Global engineering giant ARUP working with ClearVue to incorporate the sensors needed, to make ClearVue’s solar power generating window technology, appealing to Smart City designers.
That he is hoping to sign between 4 and 6 new licensing agreements.
Watch for USA regulatory clearance as the company’s next major milestone towards commercialization.
I caught up with Victor Rosenberg, just before he left for the United States, Las Vegas trip.
MORE ABOUT CLEARVUE
ClearVue Technologies Limited (ASX: CPV) is an Australian technology company that operates in the Building Integrated Photovoltaic (BPIV) sector which involves the integration of solar technology into building and agricultural industries, specifically glass and building surfaces, to provide renewable energy. ClearVue has developed advanced glass technology that aims to preserve glass transparency to maintain building aesthetics whilst generating electricity. Solar PV cells are incorporated around the edges of an Insulated Glass Unit (IGU) used in windows and the lamination interlayer between the glass in the IGU incorporates ClearVue’s patented proprietary nano and micro particles, as well as its spectral selective coating on the rear external surface of the IGU.
We do not recommend or advise to buy or sell shares in Clearvue Technology. The InsideMarket Private Fund does not own shares in Clearvue Technology at the time of publishing this post, nor have we have received any payment from the company for this coverage. Disruptive technology stocks should be considered very speculative, high-risk, and very volatile. There are significant risks inherent in developing new technologies that are not discussed here. You should always seek professional advice before considering any share purchase or sale. Please read our full disclaimer.
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