ClearVue signs Viridian - expands into New Zealand market
| Stock | Clearvue Technologies Ltd (CPV.ASX) |
|---|---|
| Release Time | 12 May 2025, 9:25 a.m. |
| Price Sensitive | Yes |
ClearVue expands into New Zealand market
- Signed manufacturing and distribution agreement with Viridian Glass, New Zealand's largest glass manufacturer
- Granted exclusive rights to manufacture ClearVue's solar-integrated glazing products in New Zealand
- Secured distribution rights for ClearVue's products and services across New Zealand
ClearVue Technologies Limited (ASX:CPV) has expanded into the New Zealand market by signing a Manufacturing and Distribution Agreement with Viridian Glass Limited Partnership (Viridian Glass), the leading glass processing company in New Zealand. This agreement marks ClearVue's formal entry into the New Zealand market, strengthening its presence in the Asia-Pacific region. Under the five-year agreement, Viridian Glass has secured exclusive rights to manufacture ClearVue's solar-integrated glazing products within New Zealand and distribution rights for ClearVue's products and associated services across New Zealand. Viridian Glass is New Zealand's largest glass processor, supplying high-performance glazing solutions to commercial and residential markets. With this partnership, ClearVue's advanced solar PV glazing technology will be available locally, enabling New Zealand architects, developers, and builders to integrate energy-generating windows and building envelope integrated photovoltaics into projects seeking carbon reduction and enhanced energy efficiency. The agreement is part of ClearVue's broader growth strategy to expand its manufacturing and distribution footprint globally, with Viridian Glass joining its growing list of licensed manufacturers and distributors.
ClearVue continues to build its network of strategic partners worldwide, with Viridian Glass joining its growing list of licensed manufacturers and distributors, including recently appointed Sinrok Solar Energy in South Korea. This partnership aligns with New Zealand's strong commitment to sustainability and net-zero energy building initiatives, and presents a significant opportunity for ClearVue's technology to contribute towards sustainable urban development and a greener future.