DGAP-News: Dyesol Limited: Industrialisation Target Confirmed - Grid Parity Competitive

DGAP-News: Dyesol Limited: Industrialisation Target Confirmed - Grid Parity Competitive

ID: 90475

(firmenpresse) - DGAP-News: Dyesol Limited / Key word(s): Miscellaneous/Miscellaneous
Dyesol Limited: Industrialisation Target Confirmed - Grid Parity
Competitive

23.11.2011 / 05:47

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Tata Steel and Dyesol have been undertaking an exciting stage of
industrialisation of DSC on steel at the PV Accelerator in Shotton, North
Wales, since the completion in July of the Welsh Government supported
project.

The challenge has been to create the Biggest and the Best DSC modules
utilising the pilot production line and the team will achieve these goals
in under four months.

The team has been constructing a DSC 20 m2 roof array that will be
demonstrated and monitored at the Sustainable Building Envelope Centre
(SBEC) test bed facility on the Shotton site.

This demonstrates the capability of the processes, developed during the
industrial development phase, to manufacture a module that can be
integrated and installed as an operational array. This has also required
the accelerated development of the product finishing steps.

In parallel, the team has more than doubled the power output while
eliminating costly silver conductors.

The major drive now is to bring forward by more than one year the
Technology Road Map delivery of high performance, matched by lower cost
materials that will enable grid parity to be achieved with DSC arrays
integrated into steel roofing.

This would make the Tata/Dyesol products independent of the need for
Feed-in Tariffs.

To date, traditional solar products from China that come closest to
achieving grid parity can only perform well in high solar flux solar farms
and do not perform adequately as building products, leaving this rapidly
growing market sector open for significant exploitation by Tata/Dyesol DSC




technology.

--Ends--

For media queries in Australia contact Viv Hardy, Callidus PR on +61 (0)2
9283 4113 or +61 (0)411 208 951.
In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177
605 8804.
In the Americas contact Josh Seidenfeld, Antenna Group,
Dyesol(at)antennagroup.com,+1 415 977 1953.
At Dyesol headquarters contact Angela Geary, Dyesol Brand Manager on +61
(0)2 6299 1592.

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, a global company headquartered in Australia, was founded to
commercialize and supply 3rd generation solar technology - Dye Solar Cells
(DSC). DSC uses a form of artificial photosynthesis to capture energy like
a leaf, using a dye analogous to chlorophyll. Dyesol provides photovoltaic
functionality to mainstream products, by developing and supplying materials
and technology to global partners which have routes to market for solar
enabled components, including building products such as glass and steel for
facades and roofs. The company is listed on the Australian Stock Exchange
(DYE), the German Open Market, and is trading on the OTCBB (DYSOY) through
its depositary BNY Mellon. More details about the company and the
technology can be found at: http://www.dyesol.com


End of Corporate News

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23.11.2011 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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147390 23.11.2011


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Bereitgestellt von Benutzer: EquityStory
Datum: 23.11.2011 - 05:47 Uhr
Sprache: Deutsch
News-ID 90475
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