DGAP-News: Dyesol Limited: Dyesol Achieves Technical Breakthrough In Solid State DSC
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Dyesol Limited: Dyesol Achieves Technical Breakthrough In Solid State
DSC
08.05.2013 / 08:40
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Dyesol Achieves Technical Breakthrough In Solid-State DSC
Sydney, Australia, 8 May 2013 - Dyesol, the world leader in the
commercialisation of Dye Solar Cell (DSC) technology, has achieved a 'game
changing' technical breakthrough by achieving a solid-state DSC efficiency
of 11.3% at full sun.
The breakthrough comes as the technology transitions from liquid-based to
solid-state systems to meet the demands of product life and mass
manufacture. The variation in technology, known as mesoscopic solar cells,
meets the technical challenges of mass manufacturing Building Integrated
Photovoltaic (BIPV) products and will allow Dyesol and its multi-national
commercialisation partners to confidently address the multi-billion dollar
global market.
In 2010, solid-state DSC performance was at a mere 5%, significantly
lagging the performance of liquid based systems. However, the subsequent
technical advancement has been nothing short of revolutionary. Dyesol,
through the work of its scientist Dr Peng Qin, based at theÉcole
Polytechnique Fédérale de Lausanne (EPFL) in Switzerland, has achieved
solid-state DSC laboratory efficiency of 11.3%. Dyesol is also confident
of achieving industrial efficiencies greater than 10% because of the added
simplicity of working with solid-state systems. At this level of module
performance the technology will be grid competitive - the 'holy grail' for
renewable energy technologies.
This achievement is particularly important in solar markets where light
conditions are sub-optimal, such as Europe, North America and North-East
Asia, where Dyesol technology has a considerable advantage over 1st and 2nd
generation photovoltaic technologies.
Chairman Richard Caldwell said: 'The business case for solar remains
compelling, however there is every reason to question which technologies
will emerge from the current solar industry maelstrom as winners. Today's
announcement represents a quantum leap for Dyesol and its'
commercialisation partners and we look forward to a rapid transition from
the laboratory to the production line'.
Dyesol has been working closely with R&D partner, the EPFL, and is
confident of announcing further improvements in solid-state performance in
the near term. Remarkably, solid-state performance is confidently expected
to outperform all hitherto known and published liquid-based efficiencies.
DSC inventor and EPFL Professor, Michael Graetzel, is speaking at the HOPV
Conference in Seville, Spain this week where he will be discussing some of
the latest technological developments.
About Dyesol Limited
Dyesol is a global supplier of Dye Solar Cell (DSC) materials, technology
and know-how. DSC is a photovoltaic technology enabling metal, glass and
polymeric based products in the building, transport and electronics sectors
to generate energy and improve energy efficiency. Dyesol partners with
leading multinational companies who possess significant market share and
established routes-to-market. The company is listed on the Australian Stock
Exchange (DYE), the German Open Market (D5I.F), and is trading on the OTCQX
(DYSOY) through its depositary BNY Mellon. Learn more and subscribeto our
mailing list: www.dyesol.com
About Dye Solar Cell Technology
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. The term mesoscopic has been introduced to reflect further
advances in the technology, particularly where a perovskite is substituted
for dye as a sensitiser. Light striking the sensitiser excites electrons
which are absorbed by the titania to become an electric current. 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.
- Ends -
Media&Investor Relations Contacts:
Dyesol Headquarters Angela Geary, Dyesol Brand Manager Tel: +61 (0)2 6299
1592, ageary(at)dyesol.com
Australia Viv Hardy, Callidus PR Tel: +61(0)2 9283 4113 or +61 (0)411 208
951
Germany&Europe Eva Reuter, DR Reuter Investor Relations Tel: +49 177 605
8804, e.reuter(at)dr-reuter.eu
End of Corporate News
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210230 08.05.2013
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Datum: 08.05.2013 - 08:40 Uhr
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