DGAP-News: Dyesol Limited / Key word(s): Miscellaneous/Miscellaneous Dyesol Limited: Dyesol and Tata Steel move to next phase in photovoltaics project 30.03.2011 / 11:41 --------------------------------------------------------------------- Dyesol and Tata Steel move to next phase in photovoltaics project Attached is a copy of a release made by Tata Steel Europe in relation to the expansion of the companies' joint photovoltaics development project based at the PV Accelerator Centre at the Tata Steel site at Shotton in North Wales. Tata Steel and Dyesol move to next phase in photovoltaics project Tata Steel and Dyesol have decided to expand their joint photovoltaics development project based at the PV Accelerator Centre at the Tata Steel site at Shotton in North Wales. The number of personnel working on the project will be increased from 30 to 50 and activity at the PV Accelerator Centre will be scaled up. The £11m project, whose initial development phase is due to be completed in June 2011, set out to develop the world's first continuously manufactured dye sensitised photovoltaic product on steel for building applications. Over this period the partners have been supported by a £5m technology grant from the Welsh Assembly Government. Peter Strikwerda, Managing Director of Tata Steel Colors, commented: 'This project forms a key part of the Tata Steel strategy to develop a new range of functional coated steel products based on renewable energy for use on the roofs and walls of buildings. The project has met the objectives originally set for this phase to determine the photovoltaic cell architecture on steel, the roof component designs, the manufacturing processes and the raw materials requirements. 'This expansion takes the project from its laboratory and pilot line phase into a pre-industrialisation phase. We will significantly accelerate technical progress with the objective of establishing a product, process and supply chain that can be successfully commercialised.' ENDS For further information, please call: Bob Jones: 0207 717 4532 or mobile 07764 710340 Additional Notes for Editors 1. Established in 1907 as India's first integrated steel company, Tata Steel Group is one of the world's top ten steel producers with annual crude steel capacity of more than 28 million tonnes. It is the world's second most geographically diverse steel producer, with operations in 26 countries and a commercial presence in more than 50. Tata Steel Group has over 80,000 employees across four continents and is a Fortune 500 company. 2. Tata Steel Europe Limited (formerly Corus) is Europe's second largest steel producer. With main steelmaking operations in the UK and the Netherlands, the company supplies steel and related services to the construction, automotive, packaging, material handling and other demanding markets worldwide. 3. Tata Steel Colors is a business within Tata Steel Europe engaged in the manufacture and sale of prefinished steel products to the construction, manufactured goods and domestic appliance sectors. The business has 6 sites in 4 countries, 3 of which are in the UK. The business headquarters and largest manufacturing site is at Shotton in Deeside, North Wales. 4. Dyesol Limited is a global solar technology company and in August 2005 was listed on the Australian Stock Exchange (ASX: 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 dye solar cells. 5. Dye solar cell (DSC) technology can best be described as 'artificial photosynthesis' using an electrolyte, a layer of titania (a pigment used in paint 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. DSC works well in all light conditions. For further information contact Mrs Sylvia Tulloch on +61 (0) 405 357 451. Notes to Editors The Technology â 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 â DYESOL Limited Dyesol is a global solar technology company and in August 2005 was listed on the Australian Stock Exchange (ASX: 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 details about the company and the technology can be found at: http://www.dyesol.com End of Corporate News --------------------------------------------------------------------- 30.03.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 117511 30.03.2011
DGAP-News: Dyesol Limited: Dyesol and Tata Steel move to next phase in photovoltaics project
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