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ClearVue Technologies ( (AU:CPV) ) has shared an update.
ClearVue Technologies Limited has announced a substantial increase in its project pipeline and proposal rate, totaling over A$60 million, largely driven by partnerships in Africa, Asia, and Oceania. The new management team’s strategy to leverage partnerships has resulted in a 54% increase in the proposal rate, with 75% of new opportunities coming from partners. The company is conservatively expecting a close rate of 10%, which, despite potential delays in the construction industry, is expected to provide a significant revenue stream. This marks ClearVue’s strongest position towards commercializing its solar technology solutions.
More about ClearVue Technologies
ClearVue Technologies Limited is an Australian technology company specializing in integrating solar technology into building facades and rooftop surfaces. Their advanced, patented glass technology enables renewable energy generation while maintaining the transparency and aesthetics of glass. The company’s solutions, including vision glass, cladding, spandrel, balustrade, and skylight products, contribute significantly to reducing the operational carbon footprint of buildings, aligning with net-zero building goals.
Average Trading Volume: 355,663
Technical Sentiment Signal: Sell
Current Market Cap: A$50.42M
See more data about CPV stock on TipRanks’ Stock Analysis page.