Dyesol ships DSC equipment to DyeTec Solar program

Dyesol Inc. completed shipping and installing equipment for DyeTec Solar’s dye-sensitized solar cell (DSSC) BIPV program, funded by the Ohio Third Frontier Fund.

August 11, 2011 — Dyesol Inc. completed shipping and installing equipment for DyeTec Solar’s dye-sensitized solar cell (DSC or DSSC) building integrated photovoltaics (BIPV) program, funded by the Ohio Third Frontier Fund.

This shipment successfully completes Dyesol’s first key deliverable to the DyeTec Solar program.

Dyesol staff have relocated to the Toledo operations to man the DSC line, and have begun building prototype panels. The prototypes are larger than conventional DSC products, using optimized DSC materials and transparent conductive oxide (TCO) glass manufactured by DyeTec shareholders.

Ohio Third Frontier Fund is an economic development and jobs program that Ohio voters have issued bonds twice, most recently in May 2010 for US$700 million. In February 2011, Dyesol received a US$1 million Ohio Third Frontier Commission grant to develop technology for mass manufacture of glass-based BIPV, building-applied PV (BAPV) and automotive-integrated PV (AIPV) products.

Through this program, Ohio’s investment in technology, innovation and entrepreneurs has resulted in the formation of more than 500 new companies, the expansion of existing companies, and more than 48,000 new jobs for Ohioans.

Dyesol Inc. is a wholly owned subsidiary of Dyesol Ltd and the headquarters for the company?s Global Glass Business Group.  Dyesol Limited (ASX:DYE) commercializes dye solar cells (DSC). Learn more at http://www.dyesol.com

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