Feb 10 (Renewables Now) - Dyesol Ltd (ASX:DYE) has been awarded a AUD-2.5-million (USD 1.9m/EUR 1.8m) grant by the Australian Department of Industry (DoI) to support its development of perovskite solar cell technology.
The grant is for an 18-month project -- Large Area Perovskite Photovoltaic Material Coating on Glass Substrate. The company said that in line with this timeframe, it plans to move from prototype development into pilot mass production in Australia.
The funding support complements Dyesol's activities to develop a Major Area Demonstration (MAD) prototype, the firm noted.
It is partnering on the DoI-backed project with CSR Building Products and its subsidiary, CSR Viridian, and the Commonwealth Scientific and Industrial Research Organisation (CSIRO), a team Dyesol says is the best available in Australia to help it with its efforts to commercialise perovskite technology on glass substrates.
The company expects the project to yield "valuable inputs" and facilitate other funding opportunities.
The grant is under the CooperativeResearch Centre Projects (CRC-P) programme.
(AUD 1.0 = USD 0.760/EUR 0.714)