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Dyesol and CSIRO sign letter of intent to collaborate on perovskite solar cells

The LOI allows for individual projects to be the subject of specific binding agreements and also establishes a framework for the parties to combine their technical and commercial expertise in seeking to access various government funding sources

21 Oct 2016 | Editor

Dyesol has announced that they have signed a Letter of Intent (LOI) with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to collaborate in the field of Perovskite Solar Cells (PSC).

The non-binding agreement provides a framework for collaboration, co-operation and co-ordination that provides the greatest opportunity for the development and commercialisation of this exciting and emerging 3rd generation technology of PSC to be undertaken in Australia creating significant national economic benefit.

The LOI allows for individual projects to be the subject of specific binding agreements and also establishes a framework for the parties to combine their technical and commercial expertise in seeking to access various government funding sources in the future, notably ARENA and the Department of Industry. This may result in deploying complementary skills in pursuit of successful Australian commercialisation opportunities which is an underlying tenet of Australian innovation policy.

Richard Caldwell, Managing Director at Dyesol, said, "Dyesol is leading the world in the scaling and commercialisation of the exciting new PV technology of Perovskite Solar Cells. We relish the opportunity to work even more closely with an eminent research organisation such as CSIRO which is rapidly developing an expertise in the field. We believe CSIRO, currently our 4th largest individual shareholder, is ideally positioned to explore opportunities to improve and enhance the technology as we plan and execute the launch of Perovskite Solar Cell PV products for commercialisation for years to come."

Perovskite Solar Cell (PSC) technology is a photovoltaic (PV) technology based on applying low cost materials in a series of ultrathin layers encapsulated by protective sealants. Dyesol’s technology has lower embodied energy in manufacture, produces stable electrical current, and has a strong competitive advantage in low light conditions relative to incumbent PV technologies. This technology can be directly integrated into the building envelope to achieve highly competitive building integrated photovoltaics (BIPV).

The key material layers include a hybrid organic-inorganic halide-based perovskite light absorber and nano-porous metal oxide of titanium oxide. Light striking the absorber promotes an electron into the excited state, followed by a rapid electron transfer and collection by the titania layer. Meanwhile, the remaining positive charge is transferred to the opposite electrode, thereby generating an electrical current.

Source: Dyesol

www.dyesol.com    www.csiro.au   


About Dyesol Ltd

Dyesol is a global leader in the development and commercialisation of Perovskite Solar Cell (PSC) technology – 3rd Generation photovoltaic technology that can be applied to glass, metal, polymers or cement. Dyesol manufactures and supplies high performance materials and is focussed on the successful commercialisation of PSC photovoltaics. It is a publicly listed company: Australian Securities Exchange ASX (DYE) and German Open Market (D5I).

Source: Dyesol Ltd

About CSIRO

At CSIRO, we do the extraordinary every day. We innovate for tomorrow and help improve today – for our customers, all Australians and the world.

Our value to the Australian economy is massive. Even just considering six CSIRO contributions, the Australian economy reaps $5 billion a year in benefits from the Australian Animal Health Laboratory, our work in cotton, our longwall mining technology, our Opticool energy control system, our Novacq prawn feed, and our water resource assessment work.

With more than 1,800 patents, we are Australia’s largest patent holder. This ever-increasing wealth of intellectual property is a vast source of commercial opportunity and has already resulted in more than 150 spin-off companies, with many more to come.

For around a century we have been pushing the boundaries of what is possible in science and technology. Our world-renowned successes include WiFi, the Hendra vaccine and polymer banknotes. But it’s tomorrow’s innovations that excite us – wearable technology that alerts a doctor when you are sick, diets based on your DNA and so much more.

With more than 5,000 experts based in 55 centres, extensive local and international networks, and a burning desire to get things done, we are Australia’s catalyst for innovation and a global force in transforming imagination into reality.

Source: CSIRO


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