Dyesol Exceeds Stringent PV Durability Test by 400 per cent
May 28 2013 - 6:21PM
Business Wire
Australian “clean-tech” company and Dye Solar Cell industry
leader, Dyesol Limited (ASX:DYE) (OTCQX:DYSOY) (FWB:D5I), today
announced its solar-enabling technology has exceeded a key
international photovoltaic industry standard test for long-term
durability by 400 per cent.
Speaking at the European Materials Research Society Conference
in Strasbourg, France, Dyesol Chief Scientist, Dr Hans Desilvestro,
explained that the “gold-standard” of novel photovoltaic device
development is certification by an international standard such as
IEC 61646, where one of the harsher tests requires product
stability at a constant temperature of 85 °C for over 1000
hours.
Today, Dr Desilvestro announced: “Dyesol has tested its
industrially scalable Dye Solar Cell materials and the material set
maintained over 90% of initial performance after an extremely
stressful test of 5000 hours at a constant temperature of
85°C.”
“Our Dye Solar Cell technology has exceeded the time required
under one of the most stringent IEC durability tests by 400 per
cent!”
This is another significant result for Dyesol, following the
recently announced major breakthrough in solid state DSC energy
output efficiency performance (visit Dyesol website to read
corporate news: “Dyesol Achieves Technical Breakthrough in Solid
State DSC” for more information).
Today’s announcement relates to the liquid-based DSC system and
the Company is also moving forward with similar evaluations for the
solid state DSC system. Dyesol and its R&D collaboration
partners will continue to develop liquid-based and solid-state
technologies in parallel to suit applications most relevant to
their specific attributes.
Dye Solar Cell technology is a third generation photovoltaic and
nanotechnology which is printed onto glass, metal or plastic
substrates in a series of very thin layers – many times thinner
than a human hair. The technology can be transparent or opaque, and
a number of colour options are possible. On glass, Dye Solar Cell
technology can appear like a modern stained glass window – the
value-add being it produces clean energy right at the point of
consumption.
Key markets for Dye Solar Cell technology include: Building
Integrated Photovoltaics (BIPV), consumer electronics, and remote
sensors.
The European Materials Research Society Spring 2013 Conference
is an important scientific and industry event and opportune venue
for Dyesol to present these exciting long-term durability
results.
About Dyesol Limited
Dyesol is a global supplier of Dye Solar Cell (DSC) materials,
technology and know-how. DSC is a photovoltaic technology enabling
metal, glass and polymeric based products in the building,
transport and electronics sectors to generate energy and improve
energy efficiency. Dyesol partners with leading multinational
companies who possess significant market share and established
routes-to-market. The company is listed on the Australian Stock
Exchange (DYE), the German Open Market (D5I.F), and is trading on
the OTCQX (DYSOY) through its depositary BNY Mellon. Learn more and
subscribe to our mailing list: www.dyesol.com
About Dye Solar Cell Technology
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. The term "mesoscopic solar cells" may also be
substituted to reflect further advances in the technology,
particularly where a perovskite is substituted for dye as a
sensitiser. 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.
Dyesol (ASX:DYE)
Historical Stock Chart
From Apr 2024 to May 2024
Dyesol (ASX:DYE)
Historical Stock Chart
From May 2023 to May 2024