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Dyesol, global leader in the development and commercialization of Perovskite Solar Cells (PSC), has announced that it has appointed VDL Enabling Technologies Group to assist in the development of a Major Area Demonstration Prototype.

The 1st Phase contract involves a specialist engineering study resulting in the preparation of a Feasibility & Functional Specification for Perovskite Major Area Demonstrator development. This phase will be conducted over a 4 month period commencing immediately. It is expected that upon the successful completion of the initial study, a 2nd Phase of design and development will follow, and the 3rd Phase will be Realization. The 3 phase project is expected to be completed in the 1st half of 2017.

In November 2015, Dyesol announced its plan to raise up to AUD 10 million (USD 7.25 million/EUR 6.8 million) by selling shares to shareholders and investors. Now, the company announce that it has successfully completed a capital raising of $8.1 million ($5.85 million USD).

Dyesol, the Australia-based renewable energy supplier and leader in Perovskite Solar Cell technology, announced that a research team at the Ecole Polytechnique Fédérale de Lausanne (EPFL) has established a remarkable efficiency for its Perovskite Solar Cells (PSC), with a conversion efficiency of 21.02%.

This conversion efficiency was certified at the laboratories of Newport Corporation in Bozeman, Montana USA. This new conversion efficiency eclipses the previous record of 20.1%.

Dyesol, the Australia-based Perovskite Solar Cell (PSC) technology developer, aims to raise up to AUD 10 million (USD 7.25 million/EUR 6.8 million) by selling shares to shareholders and investors.

A share purchase plan (SPP) opened on November 19, allowing existing shareholders from Australia or New Zealand to subscribe to new shares priced at AUD 0.26 a piece. The SPP targets AUD 6 million in proceeds, to support Dyesol's Technology Development and Business Activity plans and working capital. The SPP is expected to close on December 4.

Australia-based Dyesol has been awarded a $449,000 grant from the Australian Renewable Energy Agency (ARENA) to commercialize an innovative, very high efficiency perovskite solar cell.

ARENA has stated that the funding would enable Dyesol to create a roadmap setting out the steps needed to take its perovskite solar cell technology from the lab to a commercially available product. Dyesol will map out the techniques and requirements for working towards scalable manufacturing of high-quality, uniform perovskite cells that achieve efficiency, durability and stability targets.