ClearVue to upgrade South African towers with power-generating glass

The ClearVue deal fits well with Concept’s doctrine of making operations carbon-free, helped by its Sydney office that links projects between Australia and other regions.

ClearVue managing director and chief executive officer Mr Douglas (Doug) Hunt, said: “Concept Business Group is one of our foundational partners, and this order serves as strong validation of our partner-led growth strategy. Retrofitting existing real estate is critical for the environment, but it must also make commercial sense.”

The retrofit is still being planned in detail and will be led by Concept’s project teams, who will handle the design, engineering and on-site fitting – often drawing on trusted partners for specialist work – with ClearVue on hand for technical advice.

Concept Business Group managing director Mr Craig Boyd said the installation is about buildings becoming energy generators, offering energy options and modernising real estate assets.

Work is due to start in the second quarter of next year and looks likely to become a historic marker in a transition that could see solar power added to urban buildings across Africa both for environmental and commercial reasons.

Originally commencing life with solar generating window glass panels, ClearVue has been rapidly developing a suite of solar generating building products, including balcony railings and roofs to name just two.

With countries pushing hard to reach carbon-free targets, ideas like ClearVue’s electricity-generating building exteriors offer a clear path towards broad adoption of affordable eco-upgrades, proving that self-powering buildings can go hand in hand with style and pleasing aesthetics.

And if ClearVue can maintain a payback of around 5 years for its products, it will also have a viable commercial product on its hands that can stand alone as an investment option for real estate owners.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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