The partnership between Dyesol and Corus to develop and industrialise dye solar cells (DSC) on coil steel has achieved the seventh milestone of the joint programme under the Welsh Assembly Government (WAG) contract.
The project, supported by the WAG with more than £5 million, has now passed its seventh milestone and continues to be well ahead of schedule. At the Milestone 7 review held recently with WAG in the joint PV Accelerator at the Corus Shotton site, Dyesol and Corus showed the processes used to produce modules already manufactured on the pilot production line and demonstrated the long-term accelerated testing and outdoor weathering facilities that are now being used to evaluate the panels.
The Alpha Model programme, now in its third month, has completed two production runs for conformance testing on the roll-to-roll pilot line. During this phase over the next few months the processes are being refined and new tooling and automation are being introduced to enhance reproducibility and manufacturability of the roll-to-roll facility. The product being manufactured in each stage of the programme is then subjected to extensive testing at the in-house facilities to establish priorities for the subsequent production trials.
The Alpha Model production activities are being carried out in parallel to the Technical Enhancement programme led by Dr Tim English of Corus. Dyesol and Corus scientists have developed new materials, processes and designs for insulation, conductors, dye processing and sealing that both enhance performance and reduce design cost. The team has an active IP protection policy to ensure that Corus and Dyesol can each gain maximum commercial benefit from these inventions.
On completion of the Alpha Model, the partnership will move into the Beta Testing phase. Further details of this pre-production phase will be provided after the next milestone review. Dyesol and Corus corporate teams have recently met to scope out the next stage of our commercial collaboration. From the Dyesol perspective, a close collaboration with Corus based in Wales would entail further expansion of our facilities and capacity in Wales. We have been in concept planning discussions with the Single Investment Fund team at WAG for three months and Dr Andrew King, Director of Dyesol UK Limited has led the preparation of detailed plans that are now under formal consideration by the Dyesol board and WAG.
As previously reported, Dyesol and Corus are addressing a coated steel market of over 1 billion square metres per annum, in which the annual addressable market for DSC on steel is forecast to be over 200 million square metres of photovoltaic product (or up to 35GW of PV power). Hence, the plans for expansion of materials manufacture and sourcing by Dyesol must show a route to servicing our share of that potential market. We continue to be excited by the advantages of DSC in this market: lower cost of manufacturing plant, lower production cost, better performance in normal solar conditions and a range of natural colours. DSC on steel will address the principle value market for PV, fully integrated product in buildings – replacement of the existing skin by building products that produce power. This is the application area that is attracting most attention from regulators. While regulators continue to reduce support for solar farms (which compete at the wholesale level of electricity pricing), increased incentives are being provided for fully-integrated products that provide electricity at the usage point – with incentives up to 90% higher for these products – up to €0.58 per kWh. We are in the right marketplace.
For further information contact Viv Hardy at Callidus PR on +61 (0)2 9283 4113 or on +61 (0)411 208 951.
In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177 6058804
The Technology – DYE SOLAR CELLS
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 many times stronger than that found in natural photosynthesis in plants. 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.
The Company – DYESOL Limited
Dyesol is located in Queanbeyan NSW (near Canberra) and in August 2005 was listed on the Australian Stock Exchange (ASX Code ‘DYE’). Dyesol manufactures and supplies a range of dye solar cell products comprising equipment, chemicals, materials, components and related services to researchers and manufacturers of DSC. Dyesol has subsidiaries in UK, Italy, Switzerland, USA, Korea and Singapore plus representatives and agents in Turkey, Germany, Abu Dhabi, Malaysia, Taiwan and Japan. The Company is playing a key role in taking this third generation solar technology from development into commercial production.
Corus Group Plc is one of the world’s largest metal producers with annual turnover of £9 billion and major operating facilities in the U.K., the Netherlands, Germany, France, Norway, and Belgium. Corus’ four divisions comprising Strip Products, Long Products, Distribution & Building Systems and Aluminium provide innovative solutions to the construction, automotive, rail, general engineering and packaging markets worldwide. Corus has 41,100 employees in over 40 countries and sales offices and service centres worldwide. Combining international expertise with local customer service, the Corus brand represents quality and strength.
More detail about the company and the technology can be found at: http://www.dyesol.com
More details about the Corus Group can be found http://www.coruscolors.com.
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