ClearVue receives $1.09 million R&D Tax Credit

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Stock Clearvue Technologies Ltd (CPV.ASX)
Release Time 16 Apr 2025, 9:17 a.m.
Price Sensitive Yes
 ClearVue receives $1.09 million R&D Tax Credit
Key Points
  • ClearVue receives A$1.09 million R&D tax credit
  • The R&D claim relates to work on ClearVue's Generation 2 technology and other development activities
  • The R&D tax incentive program provides valuable support for companies building sustainable technologies
Full Summary

ClearVue Technologies Limited (ASX:CPV) has received an R&D tax credit from the Australian Taxation Office totalling $1,093,692. The R&D tax credit claim under the Australian Government Research & Development Tax Incentive relates to research and development activities undertaken over the past year, including development and production of its Generation 2 ClearVuePV pilot IGUs, further engineering of solar strips and connector blocks, advancement of the company's proprietary PVB interlayer materials, ongoing collaborative research with D2 Solar in the United States, greenhouse research at Murdoch University in Western Australia, and a variety of other innovation-focused projects across the ClearVue platform. The company's Global CEO, Martin Deil, stated that the R&D tax rebate validates ClearVue's ongoing commitment to innovation and excellence in solar-integrated building envelope solutions, and that the Australian Government's R&D tax incentive program provides valuable support for companies like ClearVue that are building sustainable technologies of the future.