How is ClearVue Technologies Expanding its Presence in the United States through a New Distribution Agreement?
Leading smart building materials company aims to revolutionize the solar integrated glass market
ClearVue Technologies Limited (ASX:CPV) has taken a significant stride towards expanding its reach in the United States by appointing 8G Solutions as its new distributor. This strategic move paves the way for ClearVue to share its world-leading solar integrated glass technology with key regions such as Colorado, Missouri, and Arizona.
A Game-Changing Agreement
Under the five-year agreement, 8G Solutions secures non-exclusive distribution rights for ClearVue's revolutionary ClearVuePV solar integrated glass units (IGUs). With this partnership, ClearVue aims to tap into the immense potential of the US market for sustainable construction and building solutions. Furthermore, the agreement holds the promise of evolving into an exclusive distribution arrangement based on 8G Solutions' performance.
Partnering with Visionaries
8G Solutions, formerly known as JPI Glass LLC since its establishment in 1984, boasts a dedicated team of around 150 professionals operating across three states. The company specializes in a wide range of projects, including curtain walls/façades, window walls, storefronts, structural glass walls, and more.
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Their expertise will be combined with the manufacturing capabilities of AIT Group, previously appointed as a ClearVue IGU manufacturer for the United States.
A Sustainable Path Ahead
The appointment of 8G Solutions as ClearVue's US distributor coincides with the US Inflation Reduction Act, which incentivizes businesses to transition to low carbon construction. The Act aligns perfectly with ClearVue's goal of enabling businesses to embrace environmentally sustainable practices through its groundbreaking solar glazing technology. Not only does ClearVue's innovative solution help companies take advantage of the government incentives, but it also equips them with the means to comply with the increasing demands of sustainability regulations.
Martin Deil, the Global CEO of ClearVue, expressed his excitement about the agreement, stating, "This partnership amplifies our presence in the US, our primary market for growth, and builds on our existing network of manufacturers and distributors throughout the country. We are delighted to join forces with 8G Solutions alongside AIT Group and Graboyes to meet the surging demand for sustainable construction solutions in the US. "
With this move, ClearVue Technologies Limited secures its position as a pioneering force in the smart building materials industry, poised to revolutionize the solar integrated glass market in the United States.
About ClearVue Technologies Limited
ClearVue Technologies Limited (ASX:CPV) is a leading smart building materials company specializing in solar integrated glass. The company's cutting-edge ClearVuePV solar IGUs seamlessly blend transparency and power generation, enabling buildings to harness clean energy without compromising their aesthetic appeal. ClearVue aims to create sustainable, energy-efficient buildings around the world.
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