ClearVue Technologies (ASX: CPV) has one of those business ideas that might, in fact, make sense. This isn’t always the case, as we’ve recently seen with Safety Shot, those purveyors of a gross absurdity. With ClearVue the point is that buildings use glass - obviously, windows and all that. But it’s also true that the sunlight falling upon those windows can be used to generate electricity. But often enough that’s an either or - the same photons that would light up the room are those same ones that cannot be used to generate the electricity. So, it would be a pretty bright idea to be able to do both. Which, with a bit of tweaking of the properties of the glass it is possible to do.
As they say: “ClearVue Technologies Limited (CPV) is an Australian technology company that operates in the Building Integrated Photovoltaic (BPIV) sector which involves the integration of solar technology into building surfaces, specifically glass and building fa�ades, to provide renewable energy. ClearVue has developed advanced glass technology that aims to preserve glass transparency to maintain building aesthetics whilst generating electricity.” But things that are technologically possible are not necessarily good business ideas. Or can be difficult to make a profit from perhaps. So, that’s the next question.
ClearVue Technologies share price from Google Finance
To be fair about this the jury is still out about that. But the share price has been rising strongly in recent days, so, why? The stock exchange asked ClearVue whether there was anything not revealed to the market? No, but: “The Company is not aware of any specific information which would explain the recent increase in the price of the Company’s securities, other than its recent announcements relating to the appointments of new licensed distributors in the United States and South Africa (November), the recent sale in the US for a solar greenhouse project (October) and its price sensitive announcements about its Gen-2 IGUs surpassing the Singapore BCA Greenmark Platinum in testing and confirmation of its ability to mass-scale manufacture its products (both in September). The company believes that the current price movements may be reflective of the fact that the market is beginning to understand that the net effect of the Company’s efforts over the last 12+ months, reflected through each such announcement, has positioned the Company to execute on its stated commercialisation model and path to market including through licensed manufacturers
and distributors - and that the appointment of each new licensee further confirms the Company’s capacity to execute globally and at-scale.”
We’d suggest that this is the market hoping that all of these things might become true rather than there being proof that they are. But it seems a reasonable enough explanation to us.
