Perth-based building-integrated solar PV company, ClearVue Technologies, has signed a deal that will see its clear solar glass used to power “street furniture” such as bus shelters and outdoor advertising signs.
The ASX-listed company said it has signed a memorandum of understanding with Global Smart Cities, trading as yStop, to integrate ClearVue technologies into advanced outdoor applications.
It says that the MOU would see yStop “exclusively collaborate” with ClearVue to power, or partially
power, the lighting and digital solutions yStop uses in its street furniture and illuminated street signs.
All going well, the MOU paves the way to a formal exclusive license agreement for yStop to be the exclusive distributor for ClearVue integrated street furniture products and other applications.
The new deal follows the company’s successfully May listing on the Australian Stock Exchange, and June MOU with eco-home builder Mirreco.
In the Mirreco deal, ClearVue was signed up as the exclusive supplier of solar window products, initially for small-scale housing units, or “micro homes,” created by Mirreco – an Australia-based company that manufactures building panels using hemp biomass.
ClearVue’s patented nano-technology, developed in conjunction with the Electron Science Research Institute (ESRI) at Edith Cowan University, generates electricity from a flat, clear sheet of glass while maintaining transparency.
The company claims the windows can generate a minimum of 30W per square metre, while also providing insulation from heat and cold, and UV control. With further R&D, they expect generation to reach 50W per square metre.
But it is the technology’s “clear glass” quality that executive chairman, Victor Rosenberg, has described as a game-changer in the building-integrated photovoltaic (BIPV) sector.
“The MOU between ClearVue and yStop represents our first collaboration opportunity where we will be able to demonstrate the versatility of the ClearVue technology and products,” Rosenberg said in comments on Tuesday.
“By integrating our solar glass with yStop’s illuminated street signs and advanced bus shelters, we will be able to demonstrate how ClearVue’s technologies can be deployed in situations where grid connectivity isn’t possible or is difficult, yet clear, well‐lit glass remains a requirement,” he said.
“Modern bus shelters require power, lighting, illuminated advertising, electronic display advertising and information screens – the ClearVue solution is a great fit for this.
“Through this MOU we hope to be able to show our potential to customers and to the broader market.”