Greatcell Energy - Page 5

Dyesol, the Australian company developing Perovskite Solar Cell (PSC) technology, has decided to change its name and logo to Greatcell Solar.

The decision has been reached at a general meeting of shareholders on June 9, and it expects the new name to be registered by the Australian Securities and Investments Commission around June 21, while the name and ticker change on the stock exchange should follow shortly thereafter.

Dyesol has announced that it has been awarded a grant of 2.5 miilion AUD (almost $2 million USD) under the Cooperative Research Centre Projects (CRC-P) programme. The grant, administered by the Australian Department of Industry, is for an 18 month project titled, "Large Area Perovskite Photovoltaic Material Coating on Glass Substrate" and complements Dyesol's Major Area Demonstration (MAD) prototype development activities.

Dyesol will lead the project and other partners are CSR Building Products, and its subsidiary, CSR Viridian, and CSIRO. This activity aims to advance the goal of commercializing Perovskite Solar Cell (PSC) photovoltaic technology on glass substrates.

Australia-based Dyesol has announced the signing of a letter of intent (LOI) to collaborate with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in the development of perovskite solar cells (PSC).

The LOI creates a non-binding framework for collaboration and coordination between the two organizations. The collaboration aims to be a step towards the development of commercially viable PSC technology. CSIRO is currently the 4th largest shareholder in Dyesol. The two have worked together in the past, collaborating in 2010 on materials for dye sensitized solar cells. Since then, Dyesol has shifted to focus on PSC development.

Dyesol recently secured a £800,000 ($1.05 million) grant by the U.K.'s Engineering and Physical Sciences Research Council (EPSRC) for the continued research in the optimization of charge carrier mobility in nanoporous metal oxide films and will enable the Australian organic cell developer to better understand the impact of halide modified titania on Perovskite cell performance.

The EPSRC is the U.K.'s main agency for funding research in engineering and the physical sciences, and this grant will be delivered specifically to Dyesol UK, Cristal and the University of York. The grant monies will, Dyesol said, help support better understanding of the chemistry of the improved electron capture and transport technique.

Dyesol's UK branch has joined the GOTsolar project, part of the Horizon 2020 program. GOTsolar is a new project which started in January 2106, and Dyesol will be cooperating with partners in Portugal, Switzerland and Poland, as one of seven members of the GOTSolar consortium.

High efficiency perovskite-based solar devices will be fabricated and hermetically encapsulated using a new laser-assisted encapsulation process to enable high durability. These devices will be tested under accelerated aging conditions to validate the new process and to demonstrate the scalability of technologies developed as part of the project. This, according to the company, forms a key aspect of Dyesol's roadmap for metal based flexible modules with 20 years of lifetime.