The world leader commercialising DSC (dye solar cell) technology and products,
Queanbeyan headquartered Dyesol
Limited (ASX:DYE)(PINK:DYSOF) has won the ACT Chief Minister's 2009 Export
Award for the Small to Medium Manufacturer's Category.
Winners of the State and Territory Export Awards are automatically entered
into the Australian National Export Awards. The national program, the Australian
Export Awards, select winners from 12 categories - recognising the best of the
best Australian exporters. And one of these winners receives the highest accolade,
selected to be the Prime Minister's Australian Exporter of the Year.
Established in 2004, Dyesol fast-tracked development of DSC in 2005 partnering
with industrial giants in key markets, forming alliances with global giants
in the energy and construction materials sectors including partnering with Corus
(the company which used to be called British Steel, which is now part of the
Tata conglomerate) to develop and commercialise DSC on strip steel produced
on coil coating line.
In Italy, Dyesol formed Dyesol Italia to collaborate through a consortium involving
ERG (Italian petroleum and renewable energy company) and Permasteelisa. The
total market in this area exceeds $100 Billion/annum.
Dyesol is now represented or has subsidiaries in 17 countries and regions with
major initiatives being in Europe and the Asian regions of Korea, Taiwan, Japan,
Singapore and Malaysia. However, Australia remains the centre for new technology
development and initial scale up studies, while products and materials will
be manufactured wherever the market demand is strong.
In addition, Dyesol recently announced that it had commenced operations in
The CEO of Dyesol Australia Mr Ross MacDiarmid stated "winning the Chief
Minister's 2009 Export Award is enormously satisfying.
"Our success can be attributed to many things, not least of all the support
and commitment of the Dyesol team, the support of federal, state and territory
governments and importantly, our sheer determination to continue to be the world
leader in the commercialisation of DSC technology."
Unlike other photovoltaic cells that require direct sunlight, Dyesol's DSC
nanotechnology works in all light levels, does not have to directly face the
sun for photosynthesis to operate, and can operate in the shade.
Because it mimics the photosynthesis process, it can be used in many applications
that would be impossible for conventional photovoltaic technology meaning the
voltage is virtually independent of light levels.
Compared with conventional silicon-based photovoltaic technology, DSC uses
cheaper raw materials and manufacturing equipment, produces electricity more
effectively, and can be directly incorporated into buildings by replacing conventional
glass panels or metal sheets.
Dyesol does not manufacture solar panels but develops, manufactures and supplies
the input materials (dyes, nanoparticulate pastes, electrolytes and catalysts)
and partners with manufacturers to incorporate its DSC technology into their
products to produce energy from the sun at lower costs than consumers currently
Importantly, Dyesol's 'green' credentials are impeccable. Dyesol was included
in the Top 100 Low Carbon Pioneers of CNBC Europe in 2008; received Prime Rating
from OEKOM Research, Munich; is included in the Australian CleanTech Index and
was an invited participant in G8 Climate change workshops.