GreatCell - Page 3

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.

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.