According to Dyesol Industries Managing Director, Mrs Sylvia Tulloch, “inclusion in ASX’s All Ordinaries Index is a tremendous achievement and a clear demonstration that shareholders value the Dyesol business model for commercialising its solar technology.”
Further testament to the company’s “rising star” is its first sustainability report which highlights Dyesol’s SRI credentials including that its DSC technology is the lowest embodied energy solar technology and produced from environmental friendly materials. It also details the company’s inclusion in the Top 100 Low Carbon Pioneers of CNBC Europe in 2008, its Prime Rating from OEKOM Research, Munich and its inclusion in the Australian CleanTech Index©.
The report also examines the company’s programmes for energy and water efficiency, and its commitment to social responsibility.
Dyesol’s early achievements in 2009 further build on the company’s strong performance in 2008 when Dyesol Italia partnered with Italian utilities giant ERG Renew and the world’s leading façade company, Permasteelisa to develop and commercialise next generation solar panels for buildings.
In 2008 Dyesol also established a joint venture company with Timo Technology in Korea (called Dyesol-Timo) to commercialise DSC products in Seong Nam city in Gyeonggi province.
“There is no doubt that DSC is the technology for our times,” Mrs Tulloch says.
“As governments around the world legislate to meet the consequences of global warming, significant new opportunities and new applications are emerging as Dyesol continues to work with more organisations to develop new products including Defence and security applications, the 3Cs market and buildings facades,” she said.
For further information contact Viv Hardy at CallidusPR 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.
Note to editors
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. The Company is playing a key role in taking this third generation solar technology out of the laboratory and into the community.
More detail about the company and the technology can be found at: http://www.dyesol.com
