ClearVue partners up in South Korea to expand | Australian Markets
ClearVue Technologies has partnered with main South Korean photo voltaic power company Sinrok Solar Energy to drive gross sales of its good photo voltaic glazing merchandise to the nation’s building, construction and greenhouse sectors.
The collaboration settlement with Sinrok offers ClearVue a two-pronged entry into one of Asia’s main renewable energy-conscious nations.
ClearVue will initially market its new-age photo voltaic merchandise via Sinrok, which is able to develop into a non-exclusive distributor of its good photo voltaic glazing merchandise to focused sectors in South Korea.
Sinrok can be an unique distributor for merchandise used in photo voltaic fencing and highway barrier purposes.
Roadside limitations put in in South Korea for acoustic functions alongside busy freeways and highways are sometimes comprised of thick clear glass, as an alternative of the concrete and metal acquainted to Australian motorists.
ClearVue’s progressive photo voltaic glass fencing product may probably generate adequate power to energy barrier lighting or be used in close by residential areas.
It might even have a market as good glass balustrading on balconies and stairs.
ClearVue can even hyperlink with Sinrok as an unique associate in a big project to expand the Bara Factories industrial web site in South Korea.
Bara plans to expand the ground space by 25,470 sq. metres at a construction value of about US$19 million to capitalise on South Korea’s national Smart Factory strategic initiative.
The corporations will look to combine the complete vary of good photo voltaic options into the new industrial infrastructure, supporting the nation’s imaginative and prescient to have workplaces utilise Industry 4.0 applied sciences, equivalent to clean power, to generate renewable energy.
This settlement with Sinrok marks a vital milestone in ClearVue’s world growth strategy. South Korea represents a dynamic and forward-thinking market for inexperienced construction and renewable applied sciences. Through our collaboration on the Bara Factories’ project, we won’t solely be showcasing our building-integrated photo voltaic applied sciences at scale but additionally forming a trusted native alliance that may speed up our presence in South Korea.
ClearVue and Sinrok plan to formalise a distribution settlement in the approaching months, which is able to define detailed industrial phrases, product assist initiatives and their respective native certification obligations.
In the interim, Sinrok will take the lead with the Bara Factories project to secure the availability of good photo voltaic merchandise in its development and start to liaise with potential South Korea prospects.
ClearVue’s building-integrated photovoltaic merchandise consist of photo voltaic imaginative and prescient glass and cladding items.
The power-generating home windows act like clear photo voltaic panels, producing electrical energy from the solar’s rays to make a building more energy-efficient.
The home windows comprise a clear, double-glazed glass panel sandwiched round a proprietary laminated plastic layer that incorporates nano- and microparticles. The microparticles take in and divert photo voltaic power into skinny strips embedded in the interior edges of the window, the place they’re transformed into electrical energy.
Management says testing has proven that its photo voltaic items can produce cooler and quieter workplaces, whereas additionally producing adequate energy to offset prices or run inner providers. The energy can both offset or complement building providers, equivalent to powering followers or decreasing air-conditioning wants.
ClearVue has additionally launched a vary of merchandise that may flip a building facade into a power-generating space to present a net-zero answer.
The new building spandrels and cladding don’t comprise the proprietary technology and act more like conventional photo voltaic panels.
The company has many markets to goal, with the majority of its merchandise going into new buildings. The retrofit-refurbishment market accounts for a growing product provide, on the similar time the greenhouse and modular housing industries show great growth potential.
ClearVue is forging sturdy partnerships with producers and distributors in many of the world’s main inexperienced power areas, offering a clearer view of its pathway to company growth.
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