DGAP-News: Dyesol Limited: Dyesol and NIMS, Japan Collaborate on Higher Performing Dyes

Dyesol Limited  / Key word(s): Miscellaneous/Miscellaneous

26.11.2010 07:15
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Dyesol (ASX: DYE) and the National Institute for Materials Science (NIMS)
Japan, today formalised a joint collaboration agreement for a three year
program, the objective of which is to deliver the next generation of highly
efficient dye solar cell (DSC) materials and technology that will feed
directly into Dyesol's commercial partner projects, including Tata Steel
Europe & Pilkington North America - our two key partners addressing the
US$400 Billion per annum building envelope market.
 
The work will be undertaken at the NIMS research facility in Tsukuba (Near
Tokyo) and will be directed by Dr Liyuan Han of NIMS, a renowned and
respected leader in DSC research worldwide and Dyesol's Dr Gavin Tulloch.
Dr Han, former Principle Researcher (1993 - 2008) of the Advanced Energy
Laboratories, Sharp Corporation, Japan, holds the certified world record
for DSC efficiency of 11.1%.
 
Dr Tulloch, Director of Technology, Dyesol, stated 'this presents a unique
opportunity for Dyesol to extend the boundaries of DSC efficiencies through
a concerted effort in materials development with a world-leading
institution, led by a recognised expert in the field.'
 
'This project seeks to extend the boundaries beyond the efficiency levels
achievable with thin film PV devices based on CIGS (copper indium gallium
diselenide) or CdTe (cadmium telluride). In contrast to these technologies,
DSC does not rely on significant quantities of toxic materials (such as
cadmium) or rare materials (such as indium, gallium, tellurium) and offers
the shortest energy payback rates because DSC uses significantly less
energy in manufacture, can operate in any light conditions and because DSC
emulates photosynthesis, so it works all day every day', Dr Tulloch stated.
 
 
For further information contact Viv Hardy at Callidus PR on +61 (0)2 9283
4113 or on +61 (0)411 208 951.
In Japan, contact Miho Kanamori, Dyesol Japan on +81 (0) 90 8342 3084.
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.

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.

NIMS
Our world is made up of various 'substances' and in these 'materials' the
basis of our everyday lives can be found. Materials fall into two major
categories such as organic/polymeric materials and inorganic materials, the
latter in turn being divided into metals and ceramics.  From the Stone Ages
- by way of the Industrial Revolution - up to today, the advance in
materials has contributed to the development of humankind and now it is
being focused upon as offering a solution for global problems.

NIMS specialises in carrying out research concerning these materials. Our
materials research is managed with the next generation in perspective, in
line with our theme, 'Materials research for creating tomorrow'.
 
 
More detail about the company and the technology can be found at:
http://www.dyesol.com
More information about NIMS can be found at the NIMS website
(http://www.nims.go.jp/eng/).

For further information contact Viv Hardy at Callidus PR on +61 (0)2 9283
4113 or on +61 (0)411 208 951.
In Japan, contact Miho Kanamori, Dyesol Japan on +81 (0) 90 8342 3084.
In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177
6058804.




26.11.2010 Dissemination of a Corporate News, transmitted by DGAP - 
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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