ASX-listed smart building materials trailblazer, ClearVue Technologies, is advancing its global expansion plans with the establishment of a Singapore office and the signing of a collaboration agreement with CSME Power Systems.
The moves are aimed at supporting the company’s expansion and market entry of its proprietary solar glass window technology into the South East Asian region.
ClearVue Asia, a wholly-owned subsidiary of the company, will be licensed to operate the ClearVue business in Singapore and Malaysia with the rights to sub-license manufacturers and distributors as applicable in and for that region.
Meanwhile, Singapore-based turnkey power generation services provider, CSME, will support the company’s market entry and marketing efforts in the region by helping establish relationships with local government agencies and commercial businesses.
CSME will also provide technical support including mechanical and electrical support and installation services to ClearVue and its licensee’s customers in Singapore and Malaysia.
As part of its Singapore expansion, ClearVue has engaged architect Philip Conn and merchant banker Michael Pixley as its local advisors.
Executive Chairman Victor Rosenberg said: “Singapore is a natural fit for ClearVue to set up its South-East Asian activities from this very business-friendly centre. Singapore is a global hub for innovation and R&D and is at the centre of one of the most dynamic economic regions in the world today.”
“ClearVue already has an existing research program with Nanyang Technological University in Singapore to explore solar printing technologies. Singapore also has a very strong focus on renewables and smart city opportunities and technologies.”
“We think the collaboration with CSME will fast track our entry into significant government and corporate contracts for the supply of the ClearVue solar IGUs, windows and smart façades.”
Last month, the company reached collaboration agreements with US sustainable infrastructure specialist AquaGen Infrastructure Systems and Swedish micro-home developer Attefallshus AB.
AquaGen will integrate ClearVue’s proprietary solar glass window technology into all of its planned sustainable village developments.
Meanwhile, Attefallshus will release new micro-home module designs that will include ClearVue’s solar glass panels as an optional upgrade.
ClearVue’s transparent, energy-generating window glass technology redirects the sun’s ultraviolet radiation and infrared light to the edge of the panel where photovoltaic, or “PV”, cells convert the energy into electricity while allowing 70% of the visible light to pass through.
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