ClearVue signs NZ distributor for solar glass
The ASX listed company has struck a five-year manufacturing and distribution agreement that will enable Viridian to exclusively manufacture the range of ClearVue smart solar glazing products. Viridian will also pick up distribution rights for the products within the island nation.
The expansion into the NZ market strengthens the company's push into the Asia Pacific region and will meet the growing demand for energy-efficient building materials. While ClearVue is developing a range of building products, its core innovation is to turn window glass into a solar generating panel.
'This agreement represents a significant step in expanding ClearVue's presence in the region.'
ClearVue Technologies global chief executive officer Martin Deil
The new deal will provide local builders, developers and architects with energy producing products such as solar windows and building envelope 'spandrels' and cladding, to be integrated into their projects, resulting in carbon reduction and increased energy efficiency.
ClearVue Technologies global chief executive officer Martin Deil said: 'This agreement represents a significant step in expanding ClearVue's presence in the region and making our innovative solar glazing solutions more accessible to the New Zealand market. Our partnership aligns with New Zealand's strong commitment to sustainability and net-zero energy building initiatives.'
Viridian Glass is New Zealand's largest glass processor, supplying glazing solutions to both residential and commercial markets. It has a strong focus on energy efficiency and performance.
ClearVue's broader growth plan is to expand its manufacturing and distribution footprint globally. Viridian is the latest industry player to join a growing pipeline of strategic partners, which includes recently-appointed Sinrok Solar Energy in South Korea.
ClearVue's agreement with Sinrok is expected to drive sales of its smart solar glazing products to South Korea's building, construction and greenhouse sectors. The company is adopting a two-prong approach for its entry into South Korea, one of Asia's leading renewable energy-conscious nations.
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