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Dyesol Confident on $3.5 Million Australian IPO Plan for Artificial Solar Photosynthesis Technology

Dyesol Limited has made plans for an $3.5 million Initial Public Offer on the Australian Stock Exchange. The company, addressing what it sees as a $5 billion dollar market, suggests that the dye in Dyesol’s solar cells mimics the photosynthesis process found in plants. The company says that its cells can be used on the walls or roofs of buildings and can provide power even on cloudy days.

Dyesol Chairman, Mr. Richard Caldwell, indicates that the technology is a major advance over silicon solar cells, “Dyesol is a world leader in dye solar cell (DSC) technology. Dye solar cells are a quantum leap in technology from the earlier silicon-based photovoltaic cells because they can operate in low light conditions, and will make a major contribution to the future supply of renewable energy. Our assessment is that there is no other company in the world that is as advanced as Dyesol and we are now at a point where our technology and its related production processes and applications can be commercialised on a global scale.”

The announcement follows on the heels of an announcement by Dyesol that it had entered into its first commercial agreement. That agreement is with Helios Inc., based in Canada, to determine the feasibility of a manufacturing plant in Canada.
 
aus der Diskussion: Greatcell Solar Ltd. (GSL) --- ehemalige Dyesol Ltd -- Solarwert an der Australischen Börse
Autor (Datum des Eintrages): ProMaiLer  (04.09.05 03:28:14)
Beitrag: 2 von 56,993 (ID:17779533)
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