Dyesol Wins Prestigious Solar Technology Grant From Japanese Government

NSW, Australia ( June 3, 2011

Dyesol Wins Prestigious Solar Technology Grant From Japanese Government

Dyesol Wins Prestigious Solar Technology Grant From Japanese Government

Australian solar technology company Dyesol has won a prestigious research and development subsidy from the Japanese Government, one of only a handful of foreign companies to do so.

Dyesol, whose innovative cells mimic photosynthesis to produce power, will share in a ¥2.5 billion (A$29 million) pool of grant money awarded to five international firms by Japan’s Ministry of Trade (METI).

This groundbreaking alternative method of solar power generation being developed by Queanbeyan company Dyesol Ltd can be layered directly onto existing materials such as glass panels or steel roof cladding, effectively turning them into solar cells.

Dyesol’s third-generation dye solar cell (DSC) technology is a form of photovoltaic cell that uses artificial photosynthesis to mimic the processes used by plants to generate energy.

“Because it is a layer technology, you can layer it onto most substrate materials,” says Dyesol director Sylvia Tulloch. “It can go on to glass, it can go on to a car, or it can go on to parts of a mobile phone or a laptop, in a way that first generation cells cannot.”

Dyesol will use the money to establish a new R&D centre and promote links with other research centres within Japan.

The grant will also boost its profile locally, helping it pursue collaborative projects with major Japanese corporations in industries such as consumer electronics.

Dyesol  Executive Chairman Richard Caldwell said demand for renewable energy was building in Japan.

“Dyesol expects the METI offer to translate into multiple commercial opportunities – closer collaboration with world-class materials research companies and increased exposure to applications innovation being the most obvious,” Mr Caldwell said.

“More than ever, Japan is looking to grow its renewable energy production and DSC (dye-sensitive solar cell technology) is clearly on the agenda for both government and the leading companies.”

Austrade officials have met regularly with Dyesol staff since the company first arrived in Japan three years ago, providing advice, referrals and other assistance.

Read more about Dyesol’s international success here.

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