Dyesol reveals ruthenium-based dye solar cell collaboration 1st July 2010

Dyesol has announced a new collaboration to develop higher-performing ruthenium-based dye solar cell (DSC) technology, it emerged yesterday (30th June).

The company has signed a two-year agreement with CSIRO's Australian Growth Partnership (AGP) programme to create new intellectual property (IP) in the DSC photovoltaic market.

DSCs make use of nano-particulate titania, ruthenium dyes and an electrolyte, sandwiched between appropriate substrates, to capture light and convert it into energy electrochemically.

"This project builds on the foundations of Dyesol's commercialisation strategy, providing us both with access to valuable IP in higher-performing materials as well as powerful access to high value markets," said David Bundy, Dyesol Austrialia's Acting Chief Executive.

The deal will see in-kind contributions from Dyesol and CSIRO's Energy Transformed Flagship, with CSIRO also purchasing a Dyesol laboratory solution and directly investing in its partner through the AGP programme.

CSIRO is expected to provide an investment of up to $1.17 million to help Dyesol maintain its position at the forefront of the DSC photovoltaic industry.

Ruthenium is often used in platinum and palladium alloys to make wear-resistant electrical contacts, mainly due to its ability to harden the two metals.

Source:

Dyesol and CSIRO Collaborate On Higher Performing Materials (30/06/10)

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