DGAP-News: Dyesol Limited: DyeTec wins Ohio State Development Grant
(firmenpresse) - DGAP-News: Dyesol Limited / Key word(s): Miscellaneous/Miscellaneous
Dyesol Limited: DyeTec wins Ohio State Development Grant
31.01.2011 / 05:39
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DyeTec Solar Inc., a joint venture involving Dyesol Inc. (DYE), a wholly
owned subsidiary of Dyesol Ltd. announced today that it will receive a US$1
million Ohio Third Frontier Commission grant to develop technology for mass
manufacture of glass based BIPV (Building Integrated Photovoltaic's), BAPV
(Building Applied Photovoltaic's) and AIPV (Automotive Integrated
Photovoltaic's) products.
DyeTec's technology is designed to utilise optimised Transparent Conductive
Oxide (TCO) glass and Dye Solar Cell (DSC) materials manufactured by the JV
partners, and enables downstream suppliers in the glass market to mass
produce high performing DSC - TCO glass based products for use in BIPV,
BAPV and AIPV environments. Initial DyeTec efforts will result in the
development of prototype DSC based BIPV glass panels and related equipment
sets, laying the foundation for future high volume manufacturing
capability.
'DyeTec is fortunate to be able to leverage Toledo's rich history in glass
processing and solar technology as well as a talented workforce. And with
strong government and shareholder support, Ohio represents an ideal
environment for DyeTec Solar to grow its R&D and manufacturing centres'
states Marc Thomas, CEO of Dyesol Inc., and President of DyeTec Solar.
BIPV and BAPV represent the single largest markets for both DSC and TEC
technology. With commercial and residential building consuming over 70% of
all the energy used in the US today, and of that 70%, over 25% is in the
form of electricity. This 25% equates to a demand of approximately 820 GW
in the built environment, and by contrast, in 2008, total PV deployment in
the US was .6 GW. DyeTec's glass based DSC technology is ideally suited to
capture and convert the light on all sides of a building into electricity
for immediate use within the building, and/or supply electricity directly
into the grid.
Richard Caldwell, Executive Chairman of Dyesol Limited, and Director of
DyeTec Solar notes 'Dyesol is poised to respond to this extraordinary
opportunity. Here we bring together the very best possible partners to
assist in providing an energy solution for the global market place. Glass
based DSC products have the ability to the transform the utility of any
light absorbing surface and their commercial potential is very
considerable'.
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
In the Americas contact Marc Thomas, 415-279-1407
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 a global solar technology company and in August 2005 was listed
on the Australian Stock Exchange (ASX: 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
End of Corporate News
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110418 31.01.2011
Datum: 31.01.2011 - 05:39 Uhr
Sprache: Deutsch
News-ID 33077
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