NTU and Dyesol to advance low-cost solar cell technologies

Published on : 26-Apr-2012

Singapore’s Nanyang Technological University (NTU) will partner with Australian renewable energy firm, Dyesol Limited, to research and develop low-cost Dye Solar Cell (DSC) technology.

Dye Solar Cell (DSC), a nanotechnology that mimics photosynthesis to turn light into electricity under real world solar conditions, was invented by renowned photo-chemist Professor Michael Grätzel, chairman of both the Energy Research Institute at NTU’s (ERI@N) International Advisory Board and Dyesol’s Technical Advisory Board.

The DSC’s applications and its related technological advancements will be the focus of this two-year collaboration between Dyesol and ERI@N.

"This agreement between ERI@N and Dyesol will unite the impressive technology base and experience of these two institutions and result in a powerful synergistic thrust, fostering new scientific breakthroughs and commercial applications," said Professor Michael Grätzel.

Executive Director of ERI@N, Professor Subodh Mhaisalkar, said the collaboration with global DSC leader Dyesol demonstrates NTU’s continued efforts and commitment in clean energy as part of NTU’s research focus in sustainability, one of NTU’s Five Peaks of Excellence for which the university aims to make its global mark.

“With efficiencies already exceeding 12 per cent, DSC offers a viable alternative for cost-competitive energy harvesting solutions which may be readily integrated into buildings and consumer applications. We look forward to partnering with Dyesol and Professor Grätzel’s research teams to develop high-efficiency and reliable solutions that will promote widespread adoption of these solar cells.” Professor Mhaisalkar said.

In addition to leading the mass-market commercialisation of DSC technology through collaborations with multinational manufacturers seeking to embed photovoltaic capability into their products, Dyesol is also working with leading universities and research institutes to advance DSC performance, capabilities and evaluate potential applications. 

“Collaborating with Singapore’s NTU on DSC research will deliver significant benefits to Dyesol, including expanding expertise in ‘Solid State DSC’ and allowing both parties to leverage their expertise in a technology supportive environment,” said Dyesol Director, Gordon Thompson.

ERI@N is a global research and development centre that tackles issues and challenging questions on sustainable energies and energy efficiency.

Supported by the Singapore Economic Development Board and other industry agencies, ERI@N’s applied and translational research activities are supported by over 250 researchers from various backgrounds working in areas of wind/marine renewables, batteries, fuel cells, green building technologies, solar cells fuels, maritime clean energy, and electro-mobility.

NTU has sealed important partnerships with several leading industry players such as Gamesa, Rolls-Royce Singapore, Robert Bosch GmbH (Bosch), Det Norske Veritas (DNV), Singapore Technologies Kinetics (STK), and Vestas Technology R&D Singapore (Vestas) in addition to collaborating with renowned universities such as the University of Cambridge, University of California Berkeley, École Polytechnique Fédérale de Lausanne (EPFL) Switzerland and Imperial College London.

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Media & Investor Relations Contacts:

Australia                         Viv Hardy, Callidus PR   Tel:  +61 (0)2 9283 4113 or +61 (0)411 208 951
Dyesol Headquarters       Angela Geary, Dyesol Brand Manager  Tel:  +61 (0)2 6299 1592,  ageary@dyesol.com  
USA & the Americas        Josh Seidenfeld, Antenna Group   Tel:  +1 415 977 1953,   dyesol@antennagroup.com  
Germany & Europe         Eva Reuter, DR Reuter Investor Relations   Tel:  +49 177 605 8804

Media contact for Singapore:

Lester Kok
Assistant Manager
Corporate Communications Office
Nanyang Technological University
Tel: 6790 6804
Email: lesterkok@ntu.edu.sg

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.

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