DyeTec Solar Fully Equipped

Dyesol Inc., a Delaware corporation with operations in Toledo, Ohio and California, announced that it has completed shipping and installing equipment for DyeTec Solar’s DSC (dye-sensitized solar cell) based BIPV (building integrated photovoltaics) program, which is funded by the Ohio Third Frontier Fund. This shipment successfully completes Dyesol’s Inc’s first key deliverable to the DyeTec Solar program.

In addition to providing Dyesol’s specialized DSC equipment to support DyeTec Solar’s product development efforts and meet program goals, Dyesol has also relocated staff with DSC expertise into Toledo. Key management and technical resources from Dyesol Inc.’s California office were relocated to Toledo in May and have successfully completed the first phase of the program, enabling DyeTec to begin building prototype panels. The larger size prototype panels represent a significant advance on historical DSC products and help open up the vast opportunity of the built environment.

DyeTec’s Solar’s technology utilizes optimized dye solar cell materials and transparent conductive oxide (TCO) glass manufactured by DyeTec’ shareholders, and enables downstream suppliers in the glazing and facade market to mass produce high performing DSC – TCO glass based products for use in BIPV, BAPV (building applied photovoltaics )and AIPV (automotive integrated photovoltaics) environments. Initial efforts will result in the development of prototype DSC-based BIPV glass products and related equipment sets, laying the foundation for future high volume manufacturing capability.

“Dyesol is committed to supporting DyeTec Solar and the Ohio Third Frontier Fund by providing equipment, technology and staff. We are focused on bringing together the very best resources to support our partners’ and customers’ long term goals in developing DSC based solutions for the built environment. DSC transforms ordinary glass and metal building products into solar panels, transforming buildings into power plants.” states Marc Thomas, CEO of Dyesol Inc.

The BIPV and BAPV marketplace represents the largest opportunity for DSC technology. Commercial and residential buildings consume a significant amount of energy. And of the energy consumed in buildings, 40% to 55% is in the form of electricity, which can be easily addressed by the installation of BIPV products. Dyesol’s glass based DSC technology is ideally suited to capture and convert the light on all sides of a building into electricity for immediate use within the building, and/or supply of electricity directly into the grid.

Richard Caldwell, executive Cchairman of Dyesol Limited, commented, “Bringing together Dyesol’s leading DSC expertise, with our partners’ 150+ years of glass processing technology and resources provides DyeTec with a significant head start in its development of DSC based BIPV products. Dyesol’s partnerships with industry leading metal and glass product manufacturers has opened up a significant market opportunity for energy producing glass and metal based products, all enabled by Dyesol’s DSC materials and technology.”