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måndag, januari 15, 2024

ClearVue unveils first Aussie photo voltaic window producer



The US order final yr comprised a contract price US$158,336 (A$252,000) for ClearVue to provide its photo voltaic home windows for a greenhouse undertaking in California. It got here after the corporate revealed the outcomes of a two-year trial set up of its photo voltaic glass models at a check greenhouse constructed at Murdoch College in Perth.

Administration additionally later sealed a complete settlement with Johannesburg-based renewable power firm Idea Enterprise Group, which can distribute ClearVue’s merchandise in South Africa, Botswana and Lesotho. Per week later, ClearVue revealed it had signed 8G Options to distribute its merchandise in Colorado, Missouri and Arizona within the US.

It has additionally signed on Greendustrial World as an official distributor in Israel.

The corporate’s most up-to-date abroad success got here with the signing of a non-exclusive five-year manufacturing and distribution cope with Singapore glass processing specialist H T Glass, successfully exposing it to the huge south-east Asian market.

The cope with Security Glass’ subsidiary MS Glass marks a brand new chapter in ClearVue’s journey and cements its place as a sensible glass producer and distributor in Australia. MS Glass was based within the Sixties and operates a 15,000-square-metre processing facility in Victoria the place it employs greater than 70 workers.

MS Glass basic supervisor Tania White stated the corporate has already methodically marketed the product for about 18 months and engaged with end-customers for suggestions.

And if the monetary markets are any information, that suggestions will probably be constructive with ClearVue’s share worth rocketing from 16.5c to 66c in 2023 – a soar of 300 per cent.

Is your ASX-listed firm doing one thing attention-grabbing? Contact: mattbirney@bullsnbears.com.au

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