CPV Annual General Meeting - Investor Briefing
Released
Released
Announcement PDF
CLEARVUE TECHNOLOGIES LIMITED
Annual General Meeting
Investor Briefing
29 November 2024
SOLAR VISION GLASS | POWER FAÇADE | A LEAP TO NET ZERO
CEO
Presentation
Martin Deil
Key Highlights
We are a much stronger business than 12 months ago. ClearVue has achieved:
Up 80%
In executed licensee
agreements1
Global certification and
testing
Up 340%
Up 252%
In New Licensee Pipeline.
Project quotes 2024 vs 20232
Global footprint is now within
reach
First installation in
Melbourne, Australia
USA office opening and
increase in sales
execution capacity
2,999 mentions
PR/IR mentions in FY24. We
are being noticed globally
Continued our
investment into
capacity/processes to
meet future sales
volume
Institutional Corporate
Engagement and
Investment
1 the twelve months since the 2023 AGM
2 Direct sales/licensee project enquires, grouped by calendar year
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
3
What we have delivered
12-month business focus at the AGM’23
Delivered in 2024
Build a solid foundation first in key markets
with fully certified products
Focus on US market plus new
licensees in MENA, Asia and UK.
Strong pipeline of new licensees
Alutec, HT Glass, MS Glass, 8G
Solutions, Maxblue, System USA, My
Green Project
Managed sales growth to allow sales
and logistics capabilities to mature
First sales achieved in key strategic
industry verticals of Solar Glass,
Cladding and Greenhouse Markets
System USA greenhouse,
CFMEU building, Enex100
Investment into necessary systems
for global rollout is well underway
ERP system, flash tester,
product standards
Significant expansion of IP with
investment into components, junction box,
nano particle and greenhouse solutions
Optimising PVB materials; quantum
dots research; Murdoch greenhouse
research
Successful capital raise with first institutional
investment onto the share register
$7.5m raise ahead of the US elections
at favourable terms
Process is “everything” in delivering
customer and shareholder value
Maintain focus on R&D
The board is aware of
capital requirements
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
4
Licensee update
Global footprint is now within reach
EXISTING
LICENSEES
2025 PLAN
South-East Asia + Australia
2
+6
Americas
4
+4
Middle East
3
+6
Africa
0
+1
Europe
1
+6
KEY MARKETS
On track to meet 2025 financial year target of 23
new licensees – a total of 31
Going through due diligence process with potential
licensees
All potential licensees have an existing pipeline
ClearVue Business model
Licensees (fabricators) are our direct clients
Multiple revenue streams
Promotes scale quickly through established
distribution, sales pipeline of licensees
Translates into a capital lite business
The business will transition away from internal
generated pipeline overtime
www.clearvuepv.com
6
4
19
ClearVue Technologies Ltd | AGM Presentation
5
Building industry has long project cycles
Purchase
order
Delivery,
payment
Project
completion
Façade construction
Initial
discussion
Product
specified
Licensee
appointed
Project
approvals
Construction
commences
Project design
Onboarding
The total process may take from 12 to 36 months
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
6
Regional outlook
The world is decarbonising
Global government net zero targets collectively represent 92% of global GDP (up from 68% in December 2020).
With building operations contributing up to 27.3% of annual global CO2 emissions, ClearVue solar façade solutions are and will be in demand.
UNITED STATES
US Election result
unlikely to have material
impact
Building Codes are state-based
Cities can still determine their
own carbon objectives
IRA remains intact but still to
play out
Strong market interest
Focus on capacity
building and
sales/execution team
Very high interest
Ongoing licensee and
sales discussions in
Singapore, Malaysia,
Hong Kong and the
Middle East
Buyer behaviour to
adopt new technology is
high
AUSTRALIA
UK/EUROPE
ASIA/MENA
Focus on licensee
attraction
European certifications
are in place
Policy settings remain
accommodative for
ClearVue products
100 St. Georges Tce,
Perth / CFMEU
installation has proven
to be an invaluable
reference source
Pipeline of projects is
expanding (currently 13)
Expect sales to
accelerate in early 2025
Source: Global GDP: https://zerotracker.net/insights/net-zero-targets-among-worlds-largest-companies-double-but-credibility-gaps-undermine-progress
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
7
Technology outlook – PV building envelope
A net zero energy building is within reach
Our Core product range receives global attention
Final Certifications to be completed in US in the first
quarter of 2025
174 Patents & Applications, 36 Trademarks and 111
Designs
Actively quoting domestically and internationally
Imminent sales updates in early 2025
INDUSTRY AWARDS AND RECOGNITION
Greenbuild International
Conference + Expo (USA)
2024
www.clearvuepv.com
Hong Kong Greentech
Challenge 2024
AGWA Most Innovative
Product “Highly
Commended” 2024
ClearVue Technologies Ltd | AGM Presentation
8
Product status: commercially ready, top certified
PRODUCT
Vision Glass
Solar Spandrel
Solar Balustrade/
Greenhouse Solar
Glass
Solar Cladding
www.clearvuepv.com
TEST
CERTIFIER
STANDARD
STATUS
BIPV product electrical safety
TÜV SÜD
IEC 61730 & IEC 61215
Completed, certificate
expected Dec-24
Combustibility test
TÜV SÜD
EN13501-1
Completed (A2 S1 D0)
Industrial age accelerating test
SQI, Intertek
EN1279-2, IGCC, AS 4666
Completed
Sealed IGUs durability
IGCC
ASTM E 2190
Completed
BIPV product electrical safety
TÜV SÜD
IEC 61730 & IEC 61215
Completed, certificate
expected Dec-24
Combustibility test
TÜV SÜD
EN13501-1
Completed (A2 S1 D0)
Radiant heat combustibility
ATWA
AS 1530.3
Completed
Structural Safety
Intertek
AS/NZS 4284
Completed
BIPV product electrical safety
TÜV SÜD
IEC 61730 & IEC 61215
Completed
Combustibility test
TÜV SÜD
EN13501-1
Completed (A2 S1 D0)
Radiant heat combustibility
ATWA
AS 1530.3
Completed
BIPV product electrical safety
TÜV SÜD
IEC 61730 & IEC 61215
Completed
Combustibility test
TÜV SÜD
EN13501-1
Completed
ClearVue Technologies Ltd | AGM Presentation
9
Complimentary IP: all powered by ClearVue
Vacuum IGU
(ZeroWindow)
Ag-Tech
Dynamic Glazing
VALUE CREATION
ClearVue is the enabler of multiple
technologies that require electricity
and transparency to operate
Signage
Cross-sell/Up-sell opportunities
within targeted industry verticals
Sales growth through third-party
business development activity
10
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
Greenhouse research preliminary outcomes
Water and Food security is now a policy setting for
many economies
Markets of interest: USA, Asia and MENA
ClearVue solar glass may promote growth yields
Strategy is to offer a smart solution for the $50.6 billion
global greenhouse market, and ClearVue to be the brand
of choice.
CONTROL
AVERAGE
YIELD
CLEARVUE
ROOMS
AVERAGE YIELD
CLEARVUE
ROOMS %
INCREASE
Spinach
28.7
33.4
16.2%
Bok Choi
81.4
115.4
41.8%
Dwarf beans
57.8
76.3
31.9%
Snow Peas (Oregon Dwarf)
42.3
55.0
30.0%
Snow Peas (Yukamo Giant)
32.6
63.0
93.3%
2024 GROW SEASON
CROP YIELD RESULTS*
CLEARVUE ROOM
CONTROL ROOM
Picture: In 2024, growth yields from the ClearVue Greenhouse window rooms
were up to 93% better than the regular greenhouse under the same growing
conditions (moisture, temperature).
Tomato (var), capsicum
expected late 2024
* Mean yields in g/plant, obtained after statistical data processing
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
11
Ag-Tech prospects
RZTO (root zone temperature optimization)
technology can increase yields by providing a highly
efficient root cooling solution that is already assisted
by ClearVue solar glass energy.
The benefits of RZTO IP acquisition:
Complimentary IP working with ClearVue's solar
glass
All technologies work to increase crop yields
Experienced agricultural specialists
Existing customer relationships and engagement
globally
In the future, we see Ag-Tech as a separate company
focusing on the agriculture market, allowing
ClearVue to focus on building products and R&D.
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
12
Our strategy: to be the leading global brand in the
BIPV market
Global Leader in BIPV Solutions
$370.04 B Projected Market Size
CAPITAL LITE, HIGHLY
SCALABLE BUSINESS
MODEL
Target licensees operating in high-growth markets and/or policy
settings conducive to the adoption of net zero buildings
KEY BUSINESS
VERTICALS
Commercial
BIPV
Greenhouse/
Ag-Tech
Complementary
IP
Mkt Size $237.74 B
Mkt Size $50.60 B
Mkt Size $81.70 B*
Sources:
* Community Infrastructure Market
Skylight Market: https://www.alliedmarketresearch.com/building-integrated-photovoltaic-skylights-market
Commercial BIPV: https://www.grandviewresearch.com/industry-analysis/building-integrated-photovoltaics-bipv-market
Greenhouse: https://www.marketsandmarkets.com/Market-Reports/commercial-greenhouse-market-221045451.html
Community Infrastructure: https://www.businesswire.com/news/home/20210219005182/en/Global-Community-Housing-Services-Market-Outlook-2020-30-COVID-19-Growth-and-Change---ResearchAndMarkets.com
www.clearvuepv.com
ClearVue Technologies Ltd
Spandrel Glass: https://www.marketsandmarkets.com/Market-Reports/cladding-system-market-148899031.html
| AGM Presentation
13
Marketing outlook
Three target audiences & their respective channels
CUSTOMERS
ARCHITECTS, DEVELOPERS,
PROPERTY OWNERS
PARTNERS
IGU FABRICATORS
INVESTORS
AUSTRALIAN AND GLOBAL RETAIL
AND INSTITUTIONAL INVESTORS
Expos and conferences
AIA24, Greenbuild USA, Greenbuild SA
Targeted outreach
ASX announcements
CPD seminars
10 seminars, 100+ attendees
Expos and conferences
Glasstec 2024 (Germany), Glass
Performance Days (Finland), GlassBuild
(US)
Targeted publications
291 articles in Australia, 4 podcast
interviews
Industry publications
ArcDaily, Dezeen, Architects Journal
Industry publications
Glass on web, US Glass
Analysts’ reports (2)
Web advertising
Direct enquiries
Marketing materials: product brochures,
whitepapers, content articles, display
advertising, showrooms
Marketing materials: product manuals,
Archetype presentations, Brayn ITC tax
analysis
Marketing materials: quarterly and annual
reports, announcements, interviews,
analysts’ reports
Newsletter, website, socials
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
14
Milestones reached and the next 12/18 months
KEY MILESTONE ACHIEVED
The next 12-18 months is the realisation of the
commercialisation plan.
On track to meet
Licensee target
First Solar
Spandrel/Cladding
Revenue
Certification
Mass
Manufacturing
First
Commercial
Greenhouse Systems USA
Two new
licensees –
Asia &
Oceania
New building
envelope and
Second &
Third building
Archetype
(envelope
incl.)
1 JULY 2023 TO 30 JUNE 2024
First
Commercial
Façade CFMEU
ClearVue
Building
Envelope
ready for
rollout
First Skylight
Revenue
Green Build US –
Major PR
Launchpad Nov2024
First Leisure
Asset Revenue
First Building
Retrofit (Building
Envelope)
Greenhouse
Revenue
Expansion
Expansion of US
Footprint
2024/25 FIN YEAR
Targeting 31 Plus
Licensees with
Global Footprint
Accelerated
Growth in MENA
& Asian
Licensees
First Commercial
Building Revenue
Global Sales
Expansion via
Licensee
Engagement
Integrated
Façade Solution
Sales
First Major
Public
Infrastructure
Revenue
2025/26 FIN YEAR
* Indicative value forward-looking statements. Please see the disclaimer on slide 2.
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
15
Management focus - outlook for the next 12 months
Convert market
opportunities and sales
pipeline into orders
Convert licensee pipeline
to drive scale and sales
Maintain focus on R&D
www.clearvuepv.com
Build/resource the
business for growth
Brand building
ClearVue Technologies Ltd | AGM Presentation
16
Strong fundamentals create momentum
Highly scalable business model
Commercially available certified product
Decarbonisation is real
Global market potential
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
17
Q&A
Appendices and
other slides
Legal Disclaimer
This presentation has been prepared and issued by ClearVue Technologies Limited (the “Company”) to assist it in informing interested parties about the Company and its progress which is current as at the date of this presentation. This
presentation is for information purposes only it should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
securities. This presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentation, or
any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty (whether express or implied) is made by the Company or
any of its officers, advisers, agents or employees as to the accuracy, completeness or reasonableness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or
provided in connection with it, or any omission from this presentation, nor as to the attainability of any estimates, forecasts or projections set out in this presentation. Neither the Company or its advisers have verified the accuracy or
completeness of the information, statements or opinions contained in this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the
presentation and make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute
discretion (without incurring any obligation to do so). Neither the Company, nor its related bodies corporate, officers, their advisers, agents and employees accept any responsibility or liability to you or to any other person or entity arising
out of this presentation including pursuant to the general law (whether for negligence, under statute or otherwise), or under the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Competition and
Consumer Act 2010 or any corresponding provision of any Australian state or territory legislation (or the law of any similar legislation in any other jurisdiction), or similar provision under any applicable law. Any such responsibility or liability
is, to the maximum extent permitted by law, expressly disclaimed and excluded. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. It does not include all available
information and should not be used in isolation as a basis to invest in the Company.
Future Matters | This presentation may contain reference to certain intentions, expectations, future plans, strategy, revenue forecasts and prospects of the Company. Those intentions, expectations, future plans, strategy, revenue forecasts
and prospects may or may not be achieved and may be “forward-looking statements”. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The
performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its
directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the
Company’s actual future results, performance or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy,
revenue forecasts and prospects. The Company does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.
US Disclosure | This document does not constitute any part of any offer to sell, or the solicitation of an offer to buy, any securities in the United States or to, or for the account or benefit of any “US person” as defined in Regulation S under
the US Securities Act of 1993 (“Securities Act”). The Company’s shares have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States, and may not be offered
or sold in the United States or to any US person without being so registered or pursuant to an exemption from registration including an exemption for qualified institutional buyers.
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
North America
Update
SOLAR VISION GLASS | POWER FAÇADE | A LEAP TO NET ZERO
CLEARVUE TECHNOLOGIES LIMITED
First 6 Months: Build USA Team!
Sales Agents
Director Operations US
Paul Hogburn - PVB scientist, glass
lamination, glass tempering and IGU
expert
Industry Consultants
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
22
First 6 Months: Launch ClearVue Power Facade in USA!
Opened new San Jose, California office and
showroom/warehouse
Business Plan Roadmap
Secure two launch projects that will ship and
install in 2025
Introduce and Educate USA Commercial
Construction Industry:
AIA June ‘24
ECO El Paso Sustainability Nov '24
Greenbuild: Nov '24 Philadelphia, PA
CVPV is Greenbuild People Choice Most
Innovative Winner!
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
23
23
Next 6 months
Licensed Fabricators – aspiration is 5 USA Fabricators in 2025
Drivers
New administration Jan 2025; construction activity likely to increase and
Investment Tax Credit (ITC) unlikely impacted
Target Segments
Commercial building
Agricultural greenhouses
Marketing
Owners/Developers, Architects, Glazing Contractors, General
Contractors, City Managers
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
24
Suite 9 / 567 Newcastle St,
West Perth,
Western Australia 6005
+61 8 9220 9020
CLEARVUE TECHNOLOGIES LTD
Anna Abrossimova
Head of Marketing
anna@clearvuepv.com
+61 (0) 401 398 088
INVESTORS
Adrian Mulcahy
adrian.mulcahy@automicgroup.com.au
+61 (0) 438 630 422
hello@clearvuepv.com
www.clearvuepv.com
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