G LO B A L L E AD ER S I N D YE SO L A R CE L L T E CH NO L O G Y
Dyesol Ltd
ASX: DYE
FWB: D5I.F
OTCQX: DYSOY
Dyesol and Singapore’s NTU Sign Agreement
Queanbeyan, Australia and Singapore – 30 January 2013 – Australian renewable energy firm, Dyesol Limited, and
the Energy Research Institute at Nanyang Technological University (ERI@N) in Singapore have advanced their
international research collaboration plans with the formal signing of their Research Collaboration Agreement.
The two-year agreement will see a sharing of resources to create scalable and commercially feasible solid state Dye
Solar Cell technology (DSC) technology, a low-cost renewable energy technology that operates efficiently in variable
and low-light conditions.
“This collaboration is highly beneficial for both parties and leverages our complementary skill sets,” said Dyesol CEO
Gordon Thompson. “NTU will provide the innovation inspiration, and Dyesol will provide the development perspiration
by scaling-up and testing for durability the small-scale technology that NTU will develop.”
“It is a lot of work to go from a test cell to something
that is industrially scalable, in terms of performance,
durability, and cost, and that is where we spend more
time in Australia. By working together to create
scalable and commercially feasible solid state DSC
we will open up a huge range of applications where
we are currently limited with the materials we have,”
he added.
Under the agreement, NTU and Dyesol will share
Intellectual Property (IP) and Dyesol will have the
opportunity to take out commercialisation rights for
the new IP granted under this agreement.
Photo: DSC Inventor, Prof Michael Graetzel, at the Nanyang
Technological University (NTU) Centre for Nanostructured
Photosystems during the Research Collaboration Agreement
signing between Dyesol Ltd and NTU.
ERI@N Executive Director, Prof. Subodh Mhaisalkar
said the DSC is currently one of the most promising
technologies for achieving cost efficient solar cell
technologies based on earth abundant and low cost materials such as titanium dioxides.
“In the upcoming projects, we aim to optimise the solid state DSC devices, to high efficiency cells which are more
reliable and more amenable to scaling and manufacturing than conventional liquid electrolyte based solar cells.
Partnering with the DSC industry leader, Dyesol, is an important synergy for ERI@N as we are making significant
impact in the area of solar energy capture and storage.”
Nanyang Technological University, a fast rising global university, has many important industry partnerships with
prestigious multinational industrial leaders and academic institutions. Dyesol is a key research partner in the
university’s drive to tackle the important global issue of sustainable energy production for real-world applications.
The project will be overseen by the inventor of Dye Solar Cell technology, celebrated photo-chemist Professor Michael
Graetzel, who is Chairman of both the Energy Research Institute at NTU’s (ERI@N) Scientific Advisory Board and
Dyesol’s Technical Advisory Board.
Market Release, 30 January 2012: Dyesol and Singapore’s NTU Sign Agreement
Dyesol Ltd | www.dyesol.com
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G LO B A L L E AD ER S I N D YE SO L A R CE L L T E CH NO L O G Y
Dyesol Ltd
ASX: DYE
FWB: D5I.F
OTCQX: DYSOY
"The potential applications for solid state DSC will expand the opportunities for taking DSC out of the laboratory and
into the global economy," said Professor Michael Graetzel.
DSC photovoltaic technology has the ability to be readily integrated into a number building-product, consumer and
industrial applications.
About Nanyang Technological University
A research-intensive university, NTU has 33,000 undergraduate and postgraduate students in the four colleges of Engineering, Business, Science,
and Humanities, Arts & Social Sciences. The largest campus in Singapore, NTU is also home to four world-class autonomous institutes – the S
Rajaratnam School of International Studies, the National Institute of Education, the Earth Observatory of Singapore and the Singapore Centre on
Environmental Life Sciences Engineering, and many leading research centres such as the Nanyang Environment & Water Research Institute
(NEWRI) and Energy Research Institute @ NTU (ERI@N). A fast-growing university with an international outlook, NTU is putting its global stamp
on Five Peaks of Excellence – Sustainable Earth, Future Healthcare, New Media, New Silk Road and Innovation Asia. In 2013, NTU will set up the
Lee Kong Chian School of Medicine in Singapore jointly with Imperial College London. For more information, visit www.ntu.edu.sg
About Dyesol Limited
Dyesol is a global supplier of Dye Solar Cell (DSC) materials, technology and know-how. DSC is a photovoltaic technology enabling metal, glass
and polymeric based products in the building, transport and electronics sectors to generate energy and improve energy efficiency. Dyesol partners
with leading multinational companies who possess significant market share and established routes-to-market. The company is listed on the
Australian Stock Exchange (DYE), the German Open Market (D5I), and is traded in the United States on the OTCQX (DYSOY) through its
depositary BNY Mellon. Learn more: www.dyesol.com Subscribe to Mailing List and eNewsletter here.
About Dye Solar Cell (DSC) Technology
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. 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.
- Ends Media & Investor Relations Contacts:
Australia
Dyesol Headquarters
Germany & Europe
Louise Nealon, Callidus PR Tel: +61 (0)2 9283 4114 or +61 (0)403 569 177
Angela Geary, Dyesol Brand Manager Tel: +61 (0)2 6299 1592, ageary@dyesol.com
Eva Reuter, DR Reuter Investor Relations Tel: +49 177 605 8804
Market Release, 30 January 2012: Dyesol and Singapore’s NTU Sign Agreement
Dyesol Ltd | www.dyesol.com
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