Investors have climbed on board ClearVue Technologies today on news testing of its first demonstration site at Warwick Grove Shopping Centre has met power output expectations.
The smart building material company reported back in January that it had installed clear solar PV glass at the entrance atrium at the shopping centre in Western Australia. The PV glass is used to charge a battery for energy storage, providing power for lighting in the atrium, outside signage and for a display screen inside the Centre.
Initial testing has met power output expectations achieving between 2.5 and 3.14 kWh per day.
Work at the demonstrator site will take place next month to remove the external bypass diodes used in the installation, which through testing, identified that the diodes have been unable to support the voltage generated by ClearVue’s panels.
The bypass diodes are accessory products and are not part of the ClearVue IGU glass panel or ClearVue technology, the company pointed out.
The Company looks forward to being able to update the market on the progress of the trial in the following months.
Meanwhile, global consulting engineering group ARUP is continuing to refine the power performance modelling it has undertaken of ClearVue’s technology.
Based on key assumptions, the Power Performance Model demonstrates yearly energy of 55,870 kWh which can contribute to power and lighting, supplementary air conditioning and automated window blinds.
According to ClearVue, ARUP have advised that their model is conservative and realistic and that with further investigation may result in higher outputs.
Shares in ClearVue have gained 0.5c or 2% to 26c in Thursday trading.