DGAP-News: Dyesol Limited: Dyesol to Collaborate with Pilkington North America on BIPV
(firmenpresse) - Dyesol Limited / Miscellaneous/Miscellaneous
08.03.2010 04:38
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Dyesol Inc., a 100% subsidiary of Dyesol Industries Pty Limited, is
collaborating with Pilkington North America to develop opportunities in the
building integrated photovoltaic (BIPV) market place utilising Pilkington's
TEC series of transparent conductive oxide (TCO) coated float glass and
Dyesol's (ASX:DYE) dye solar cell (DSC) materials and technology.
The global market for flat glass is forecast to be approximately 6 billion
m2 for 2010 and growing at 5% per annum. Initially, the collaboration will
seek to address the non-view glass market, known as spandrel, which
accounts for 40% of the total flat glass market. Beyond spandrel,
addressing the larger view glass market is also a key objective and that is
expected to be supported by a number of other regional collaborations,
particularly programmes to introduce new dyes and DSC systems.
Dyesol has a clearly defined strategic objective to partner with
best-in-class commercialisation partners who have access to global markets
in the sectors of steel, glass, auto and electronics. The collaboration
with Pilkington is entirely consistent with this strategic objective.
'Pilkington believes it is time to begin developing the next generation of
photovoltaic power,' says Pilkington's Stephen Weidner, senior vice
president of building products for North America. 'BIPV is an emerging
market segment with great opportunity for utilizing our TCO technology to
bring photovoltaic power into building design.'
'The collaboration with Dyesol has the potential to bring a significant
change in the value of architectural glass as we know it today. No longer
will glass be viewed solely for its insulation and aesthetic properties,
but for its power generating potential as well,' Weidner adds.
'Pilkington is the world leader in the production of TCO glass. In fact,
Dyesol and their customers have been utilizing Pilkington's TEC product for
many years. This collaboration presents an ideal platform for co-developing
and optimizing products that work together to improve DSC performance,'
says Marc M. Thomas, chief executive officer of Dyesol Inc. 'With at least
40 per cent of all electrical energy consumed in the U.S. used in the built
environment, the market opportunity is enormous.'
Dr. Gavin Tulloch, the global managing director and co-founder of Dyesol
Ltd. comments: 'DSC technology can best be described as 'artificial
photosynthesis'. It uses an electrolyte, a layer of titania semiconductor
(a pigment used in white paints and toothpaste) deposited on transparent
conductive oxide glass, metal or polymer substrates which is then soaked in
a ruthenium based organic dye. Light striking the dye excites electrons
which are injected into the titania to become an electric current many
times stronger than that found in natural photosynthesis in plants.
Dyesol's technology has lower cost and embodied energy in manufacture than
competing technologies, produces electricity more efficiently over the
normal light spectrum and the glass based products can be directly
incorporated into buildings by replacing conventional glass.'
Dyesol is making the current ASX release in response to an unscheduled
announcement about the confidential collaboration made by its collaboration
partner, Pilkington North America on Thursday, March 4 in a US trade
publication - please see solarglazingmag.com/?p=2709. Dyesol will make a
further ASX release when the current collaboration discussions are
concluded.
For further information contact Viv Hardy at Callidus PR on +61 (0)2 9283
4113 or on +61 (0)411 208 951.
In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177
6058804
Note to editors
The Technology - DYE SOLAR CELLS
DSC technology can best be described as 'artificial photosynthesis' using
an electrolyte, a layer of titania (a pigment used in white paints and
tooth paste) and ruthenium dye deposited on glass, metal or polymer
substrates. Light striking the dye excites electrons which are absorbed by
the titania to become an electric current many times stronger than that
found in natural photosynthesis in plants. Compared to conventional silicon
based photovoltaic technology, Dyesol's technology has lower cost and
embodied energy in manufacture, it produces electricity more efficiently
even in low light conditions and can be directly incorporated into
buildings by replacing conventional glass panels or metal sheets rather
than taking up roof or extra land area.
The Company - DYESOL Limited
Dyesol is located in Queanbeyan NSW (near Canberra) and in August 2005 was
listed on the Australian Stock Exchange (ASX Code 'DYE'). Dyesol
manufactures and supplies a range of dye solar cell products comprising
equipment, chemicals, materials, components and related services to
researchers and manufacturers of DSC. Dyesol has subsidiaries in UK, Italy,
Switzerland, USA, Korea and Singapore plus representatives and agents in
Turkey, Germany, Abu Dhabi, Malaysia, Taiwan and Japan. The Company is
playing a key role in taking this third generation solar technology from
development into commercial production.
About Pilkington
Pilkington is 100% owned by the NSG Group. The NSG Group is one of the
world's largest manufacturers of glass and glazing products for the
building, automotive and specialty glass markets. Employing around 31,400
people, it has manufacturing operations in 29 countries and sales in 130
countries. Geographically, approximately half its sales are in Europe, one
quarter in Japan and the rest primarily in the Americas, South East Asia
and China. The Group operates three world-wide business lines. Building
Products supplies glass for interior and exterior glazing in buildings and
for the growing Solar Energy sector. Automotive serves the original
equipment, replacement and specialised transport glazing markets. Specialty
glass products include very thin glass for displays, lenses and light
guides for printers and glass fibre, used in air filters and engine timing
belts.
More detail about the company and the technology can be found at:
http://www.dyesol.com
More detail about Pilkington can be found at:
http://www.pilkington.com
For further information contact Viv Hardy at Callidus PR on +61 (0)2 9283
4113 or on +61 (0)411 208 951.
In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177
6058804
08.03.2010 04:38 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
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Datum: 08.03.2010 - 04:38 Uhr
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