ClearVue Technologies (ASX:CPV) Announces A$1M South African Solar Towers Deal

In a recent ASX announcement, ClearVue Technologies Limited (ASX:CPV) has confirmed a significant agreement secured through its strategic licence partner, Concept Business Group. The contract, valued at over A$1 million, is for the retrofitting of two 10-storey towers in South Africa with advanced solar façade technology. This project will see both buildings entirely reclad with ClearVue’s integrated solar products, transforming them into active power generators. The ClearVue South Africa solar towers project represents a key commercial milestone for the company.

This comprehensive investor update details a retrofit that will incorporate ClearVue’s Solar Vision Glass, Solar Skylight, and Solar Cladding systems across the building envelope. Once operational, the active solar façade is projected to generate over 40% of the buildings’ energy requirements, substantially reducing their carbon footprint and demonstrating clear economic viability.

The project shows strong commercial returns, with an estimated payback period of under 5 years. Concept Business Group is set to manage the complete design, engineering, and installation process, with technical support from ClearVue. The deployment is scheduled for Q2 2026.

What is the strategic significance of this project?

This agreement provides tangible validation of ClearVue’s licensing model, marking a transition from pilot installations to substantial, revenue-generating commercial deployments. The ClearVue South Africa solar towers project demonstrates the real-world applicability of building-integrated photovoltaics (BIPV) technology to the existing building retrofit market, a sector critical to achieving global carbon reduction targets.

Furthermore, the sub-5-year payback period confirms an economic competitiveness that supports scalability across ClearVue’s global partner network. The project illustrates how building owners can concurrently address environmental objectives and achieve measurable financial returns through building upgrades.

Douglas Hunt, Managing Director and Chief Executive Officer of ClearVue, commented on the commercial importance of the deal: “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. This project proves that by replacing passive building materials with our active, energy-generating glass, building owners can significantly offset their carbon footprint whilst generating a return on investment.”

How does ClearVue’s solar façade achieve over 40% energy generation?

The comprehensive recladding approach transforms the entire building envelope across both 10-storey towers by integrating three complementary product lines. This holistic system design maximises energy generation across all available surface areas, creating multiple generation zones that work in unison to deliver substantial power output.

Solar Vision Glass replaces traditional windows, generating electricity whilst maintaining the transparency and natural light transmission essential for commercial buildings. This technology addresses the challenge of preserving aesthetic appeal while adding power generation capability.

In addition, Solar Skylight technology covers rooftop areas with light-transmitting solar generation to capture energy from horizontal surfaces. To complete the system, Solar Cladding addresses opaque façade sections, maximising power output from areas that do not require transparency. The ClearVue South Africa solar towers project leverages all three technologies for maximum efficiency.

The installation also improves the buildings’ thermal performance, which reduces heating and cooling loads. This dual benefit enhances the building asset value and reduces operational costs beyond the direct electricity savings.

What makes building-integrated photovoltaics different from traditional solar?

Building-Integrated Photovoltaics (BIPV) refers to solar energy generation technology that is integrated directly into building structural elements, replacing traditional passive materials with active power-generating alternatives. This approach differs substantially from conventional rooftop solar panels.

Traditional solar installations add panels to existing buildings as separate systems. Conversely, BIPV technology embeds solar generation capability into the building materials, meaning the structure inherently generates power. The ClearVue South Africa solar towers project is a prime example of BIPV in a commercial retrofit application.

By utilising vertical façade surfaces across 20 storeys, the installation captures generation potential that is unavailable to traditional rooftop systems, addressing a key limitation for multi-storey structures in dense urban environments.

What is the payback period for ClearVue retrofit projects?

The South African project has an estimated payback period of under 5 years, positioning ClearVue retrofits as commercially attractive investments. This return timeline compares favourably to industry benchmarks and confirms the economic viability of the technology at scale.

The project requires an initial investment of over A$1 million for the complete recladding. The return is generated from a projected 40%+ reduction in purchased electricity, creating substantial annual operational cost savings. The financial return also extends to an enhanced property valuation from the building’s modernisation and reduced operating costs.

Craig Boyd of Concept Business Group stated: “With a payback period of less than 5 years, the business case is undeniable. These projects stand as a perfect example of how Concept Business, in conjunction with ClearVue’s technology, delivers both environmental impact and economic value.”

How does ClearVue’s partner-led growth strategy work?

The A$1M+ agreement with Concept Business Group, a foundational licence partner, confirms that ClearVue’s partner-led growth strategy is generating tangible revenue and validating its licensing business model. The framework enables partners to lead the full project lifecycle, from design to installation, leveraging local market knowledge without requiring ClearVue to establish a direct operational presence in each territory.

The successful execution of the ClearVue South Africa solar towers project will validate the commercial framework for future deployments across the partner’s territory and demonstrate replicability for the global partner network.

Advantages of the licensing partnership model:

• Reduced Capital Outlay: Avoids the high costs associated with direct international expansion.
• Local Expertise: Leverages partners’ established market relationships and regional knowledge.
• Scalability: Allows for faster market penetration and concurrent project deployments globally.
• Revenue Generation: Creates a steady stream of licensing fees and revenue share from projects.

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