News Turkey Ratifies Dyesol Agreement Sunday 19th of Feb 06 10:11:46 am For immediate release : 16 February 2006 TURKEY RATIFIES AGREEMENT WITH DYESOL Following Dyesol’s recent Conference “Industrialisation of DSC – from Research to Product” the memorandum of understanding (MOU) between Dyesol and Turkish company NESLI was ratified. Dyesol will now conduct the Phase 1. Feasibility Study for NESLI in Turkey. The feasibility study will examine all aspects of setting up a manufacturing facility for Dye Solar Cells in Turkey. A positive report will lead to the creation of a Project to construct a Turnkey manufacturing facility to produce Dyesol’s Technology in Turkey. At the world’s first DSC Conference recently held in Canberra, world leaders in Dye Solar Cell research shared knowledge with industrialists, entrepreneurs and architects relevant to progressing the 3rd generation solar cells from the laboratory out into manufacture for use in the community. DSC technology has the potential to turn every building into its own electricity generation plant by replacing conventional glazing with Dye Solar Cell panels. The glass panels can be made using different colours to suit designers and, by replacing regular glazing, will be more economically viable than conventional solar panels. They can produce electricity even in low light conditions, effectively all day every day, and do not rely on direct bright sunlight. Contact: Mrs Sylvia Tulloch 02 6299 1250 or Sue Whittaker 0408 628 525 New Appointment Prof. Michael Graetzel Sunday 19th of Feb 06 10:01:28 am For immediate release : 14 February 2006 Professor Michael Graetzel accepts Dyesol appointment Professor Michael Graetzel, widely known as the inventor of the Graetzel Cell, now known as the Dye Solar Cell, has been appointed as the founding Chairman of the Technology Advisory Board formed by Dyesol Limited, Queanbeyan-based Australian leaders in the Dye Solar Cell industry. Following the company’s organisation of the successful world’s first Dye Solar Cell Conference held in Canberra last week, Mrs Sylvia Tulloch, Managing Director of Dyesol, has welcomed Professor Graetzel’s participation in the company’s future. Michael Graetzel joins Dr Gavin Tulloch, acknowledged leader in DSC development and industrialisation, and Professor John Bell from QUT who has been extensively involved with the Australian DSC program for over 10 years. Mrs Tulloch said the Technology Advisory Board would assist in developing the global technological strategy to bring DSC into broad usage. Further members will be named in the very near future. “Professor Graetzel’s dream for this technology is to create a clean and healthy built environment on this planet and Dyesol is ideally positioned to play an important role in achieving this through creating clean, green renewable energy sources,” she said. “There is growing public and political pressure on governments around the world to commit to renewable energy production on a large scale. DSC technology is now thoroughly researched and is showing many advantages over older style solar cells including low embodied energy, ready availability of raw materials, proven performance even in low light situations and colours and transparency which make it an ideal architectural product.” At last week’s Conference (Industrialisation of DSC – from Research to Product) world leaders in DSC research, policy making, architecture and industry shared information and experience to further progress Dye Solar Cell knowledge and profile, and to take it further along the path towards large scale manufacture. Speakers included Professor Graetzel (Switzerland), Prof David Officer and Dr Hans Desilvestro (NZ), Dr Anders Hagfeldt (Sweden), Dr Polycarpos Falaras (Greece), Prof Kongjia Wang (China) and Dr Gavin Tulloch and Prof John Bell (Australia). Contact: Mrs Sylvia Tulloch 02 6299 1250 or Sue Whittaker 0408 628 525 $3m Deal in Greece Sunday 19th of Feb 06 09:31:43 am For immediate release : 13 December 2005 $3 MILLION SOLAR ENERGY DEAL IN GREECE Australian renewable energy company, Dyesol Limited, has broken into the global solar energy market with a A$3.15 million contract to supply the technology and materials for Europe’s first manufacturing plant for dye solar cells in Greece. Dyesol, which listed on the Australian Stock Exchange (ASX code ‘DYE’) four months ago, has launched its European market development in Athens by signing a contract with the Greek company, Solar Technologies AE. It is a major advance for Dyesol’s technology in a world market for solar energy products estimated at US$5 billion (A$6.6 billion) a year. Dyesol’s leading edge technology produces electricity by mimicking photosynthesis in Nature. Described as “third generation” solar technology, dye solar cells leapfrog the earlier silicon-based photovoltaic cells because they can produce electricity in low light conditions, even on overcast days (see following background note on technology). Solar Technologies’ production plant will have the capacity to manufacture over 5,000 m2 of Dyesol’s solar cells and showcase the Australian company’s technology to a potentially large European market. The plant, to be built in Ioannina, in northern Greece, is planned by Solar Technologies to be the forerunner of a volume manufacturing facility. Dyesol Managing Director, Mrs Sylvia Tulloch, said the Greek agreement was a major step forward for the Company, and coincides with growing public and political pressure on governments around the world to respond to climate change. The contract signature was the culmination of over 18 months collaboration between Dr Gavin Tulloch of Dyesol and Dr Spiros Karakostas CEO of Solar Technologies and his technical and marketing team. Dr Karakostas said that they were excited about this new phase of their business development, and especially look forward to manufacturing and marketing the Dyesol 3rd generation solar panels and continuing in technical collaboration for future product development. “Solar Technologies’ manufacturing facility will be a world first for dye solar cells and signals a strong vote of confidence in the future of this exciting technology,” Mrs Tulloch said from Athens. “As climate change continues to haunt the world, people are increasingly looking for clean energy sources and dye solar cells are set to play a key role in future electricity supplies,” she said. In cooperation with its representative in Europe, Greatcell Solar S.A., Dyesol will provide a complete design and operating package, a so-called “turn key” solution, under the deal with Solar Technologies AE. The Queanbeyan-based company will design the plant, provide equipment and materials – such as the dyes used to make the solar panels – and an operating system. Mrs Tulloch said the first phase of the contract, covering construction of the facility, extends for nearly two years, and is expected to be followed by significant, on-going contracts for the supply of Dyesol materials when manufacturing commences. Dyesol’s business plan focuses on delivering technology and materials to manufacturers rather than large scale, capital-intensive production of solar cells in its own right. Across the Atlantic, Dyesol has completed a feasibility study to establish a similar manufacturing facility in Canada. Since listing Dyesol has achieved a number of other developments including: New patents: Dyesol has lodged two patents in key overseas markets to further protect its intellectual property. One patent covers the design features that make its photovoltaic panels more cost effective, robust and durable than competing products. The second application seeks to protect the high energy efficiency and storage capability of its dye solar cell panels. Quality assurance: Dyesol has appointed a consultant to develop its submission for ISO9000 certification – the International Standards Organisation benchmark for quality assurance in business management. Trademarks: Dyesol has been granted trademarks over its name and logo, which features the sun in the word Dyesol. The trademark will be an important feature of the company’s campaign to develop an internationally recognisable brand name around the world |