DGAP-News: Dyesol Limited: Dyesol and CSIRO collaboration moves forward with successful completion of First Milestone
(firmenpresse) - DGAP-News: Dyesol Limited / Key word(s): Miscellaneous/Miscellaneous
Dyesol Limited: Dyesol and CSIRO collaboration moves forward with
successful completion of First Milestone
23.12.2010 / 05:22
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December 22 2010 The first stage milestone meeting of the collaborative
project between CSIRO and Dyesol (ASX: DYE) was held at the CSIRO Energy
Centre in Newcastle on 16 December. The two year project aims to develop
higher performing dyes for dye solar cells (DSC), funded by an investment
of up to $1.17 million from CSIRO's Australian Growth Partnership (AGP).
Dyesol and CSIRO presented the achievements of the past 6 months, jointly
announcing successful completion of the first stage of the project. The
project leverages Dyesol's knowledge and experience developing DSC
technology, in particular ruthenium based dyes, with CSIRO's extensive
modelling and research capability. This initial stage of the program
included the establishment of a research-scale assembly and testing
facility manufactured by Dyesol and installed at CSIRO in Newcastle, which
will be used to further the dye development project.
The joint steering committee unanimously approved the milestone delivery
report, bringing Stage 1 of the project to a close and noting the project
is ahead of its performance schedule and within budget. The team is now
ready to commence Stage 2 of the project in the new year, with several
promising avenues to be explored.
Ruthenium based dyes, otherwise known as organo-metallic dyes, are one of
the key enabling components in DSC technology, ensuring high power
conversion efficiencies in DSC. In recent years, considerable developments
have been made in the engineering of novel dye structures in order to
enhance the performance of the system.
Dyesol's Director of Technology, Dr Gavin Tulloch, noted, 'the advances in
DSC materials technology developed within this project complement the other
partnerships Dyesol has fostered with commercial development companies
around the world.
'Through this world-class partnership we are able to access high value
markets, as well as valuable IP in higher performing materials. This
provides an excellent addition to our projects already in place, bringing
us closer to commericalisation of dye solar cell products for the world
market.'
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.
About the Commonwealth Scientific and Industrial Research Organisation and
AGP
The Commonwealth Scientific and Industrial Research Organisation, CSIRO, is
Australia's premier research organisation which provides scientific
solutions to industry, governments and communities around the world. The
CSIRO's role is to deliver great science and innovative solutions for
industry, society and the environment. The organisation works on new ways
to improve quality of life, as well as the economic and social performance
of a number of industry sectors through research and development.
Australian Growth Partnerships (AGP) is a competitive, merit-based pilot
funding program managed by CSIRO. CSIRO has been allocated funds by the
Commonwealth Government to provide funding to high potential,
technology-receptive small and medium enterprises in order that they can
access CSIRO research and development capability and intellectual property.
The Company - DYESOL Limited
Dyesol is a global company 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.
The Company is playing a key role in taking this third generation solar
technology out of the laboratory and into the community.
More detail about the company and the technology can be found at:
http://www.dyesol.com
For more information, visit the CSIRO (AGP) website.
DISCLAIMER
CSIRO does not take responsibility for this announcement nor can it make
any representation or warranty as to the accuracy or completeness of any
statement contained in it.
End of Corporate News
23.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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107487 23.12.2010
Datum: 23.12.2010 - 05:22 Uhr
Sprache: Deutsch
News-ID 32925
Anzahl Zeichen: 0
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Kategorie:
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