commercialising dye solar cell (dsc ) technology colloboration... · dsc are a photoelectrochemical...

1

Copyright Dyesol 2011

Commercialising Dye Solar Cell (DSC )

TechnologySylvia Tulloch, Founder and Director, Dyesol Limited

2


Introduction

Elements of Commercialisation

• Technology readiness

• Market readiness

• Competitive pricing

• Route to Market

• All requiring adequate financing

3


3

PV Sector Background

First GenerationCrystalline Silicon

Second GenerationThin film Semiconductor

Third GenerationArtificial Photosynthesis

Nanotechnology

0

1

2

3

4

Ba

lan

ce

of

sy

ste

m

pa

yb

ac

k t

ime

(y

ea

rs)

Recent Anticipated

Energy Payback Comparison

Crystalline

Thin Film

DSC

Data from ECN, Holland

4


Challenge for Next Generation

• Solve issues not solved by 1st and 2nd Generation

• Meet longevity and price expectation

• Establish Route to Market

• Finance Market Entry

5


Introduction to DSC

• Dye Solar Cell (DSC) technology draws together two very important scientific concepts –nanotechnology and biomimicracy. Dyesol’s nanotechnology product is based on artificial photosynthesis, safe and plentiful raw materials.

• The DSC was conceived by its inventor Michael Graetzel as a solar cell with low embodied energy, manufactured using low temperatures and environmentally benign and plentiful raw materials. Thus the DSC will provide a solar cell which can be scaled up without the downside of increased Greenhouse gases during its manufacture.

• In 1995, the Australian government initiated and supported an industry led collaboration on DSC technology between Australian researchers and , Professor Michael Graetzel and the Swiss Federal Institute EPFL.

• Dyesol was formed in 2004 to commercialise the R&D

• DSC is 3rd generation solar technology, with products beginning to enter the market.

• Dyesol’s cllaboration with Korea is now in its 3rd year.

6


DSC - Artificial Photosynthesis

e-

e-

TiO2

Ef

Dye I3-/I-

Green Power

TC

TC

photon

7


Nanotechnology and Biomimicracy

Organometallic dye

DSC Schematic

8


8

DSC Unique Characteristics

• Can be deposited onto a range of substrates

• Stable maximum power point in all light conditions

• Proven technology stability for 25 years and good temperature stability

• Range of natural colours and optional transparency

• Easy to produce with low skill labour force

• Low cost production facilities

• Clean green materials of manufacture

• Lowest embodied energy

• LCOEs (Levelised Cost of Energy) simulation showed that a typical DSC design in high volume manufacture, would have a LCOE of $US 10.6 cents per KWhr.

9


Why is DSC Better in Low light?

� Different principles of operation

� Silicon solar cells are solid-state devices - based on charge transport through minority carriers where bulk electron-hole recombination significantly increases at lower light intensities.

� DSC are a photoelectrochemical system, where charge transport occurs through majority carriers and with reduced recombination mainly at the TiO2/dye/electrolyte interface. Recombination processes at low light levels have a much lower negative impact on performance. In addition surface modification and ‘interface engineering’ of nanosized TiO2 can further selectively suppress recombination.

� Maximum power point voltage of DSC devices (and thus fill factor) is thus significantly more stable regardless of the angle of incidence and light intensity. Mpp is virtually independent of light level.

10


Introduction to Dyesol

Founded • 2004 (technology developed over previous 14 years)

ASX listing date (DYE)

• 31st August 2005 (also trades on the German 3rd Market)

Headquarters • Queanbeyan NSW, Australia

Vision • “To be the leader in development and supply of 3rd generation solar cell technology.”

Business model • Material inputs, research and manufacturing solutions, provision of next generation technology

• Global partnering program

• Focus on key 5 market sectors:

Steel

Glass

Automotive

Built environment - indoors

Electronics

11


Test Cell

Cell Array/Tile

BIPV Panel

Net “Zero” Buildings and Cities

From Test Cell to Tera Watts…..

Dyesol Global Glass Business

12


• Partnered with Pilkington to create new company DyeTec Solar (DTS)

• Pilkington is a leader in the global Glass market

• Global Float Glass market - over 7 billion SqM p.a.

• Building consumption is ~70% = 4.2B SqM p.a.

• Add additional DSC coating to glass for PV functionality

• Initial Products - DSC based spandrel, atrium and view glass

• Opportunity if 20% of production converted = over 840M SqM/annum

*Note: examples only, does not reflect any specific product


13


•Incorporated in Ohio in 2010, based in Toledo “Glass City”

•Commencing Operations in April 2011

•Funded with an Ohio Third Frontier Grant

•Focused on penetrating the Global glass BIPV/BAPV and AIPV markets with long life product

•Leverages optimized Pilkington TCO glass and Dyesol DSC materials designed to work better together than apart

•Foundation underpinned by both parties extensive IP, and existing global routes to market

•DyeTec Products will be split between glass based Devices and volume manufacturing equipment sets for sale/license


14


DSC Solar Steel Roofing

• Coated Steel market - over 1 billion Sq M, growing at 7-8% pa

• Dyesol Partnered with Tata Steel Europe, plus interest from other steel coating companies to license from Tata/Dyesol

• Potential for Solar coated steel cladding 20% i.e. over 200 million sqm/annum

• Equivalent to over 10 Giga Watts installed per annum, compared to 2007 installations of 2.8 Giga WattsProject in 3rd year, going to engineering phase

• Supported by £5 million grant from the Welsh government

• Project now in its 4th year

• Dyesol’s role is as the Exclusive DSC material supplier, under agreement with Corus

Typical Coil Coating line

Corus Colourcoat – 100 million Sq M per annum Vast Colourcoat Roof

15


Key Strategic Partners

Partner Market Region Details

Steel / wall & roof applications

UK/Global • Fifth largest steel producer in the world

• Co-develop and commercialise DSC on coil-coated steel

• ₤10+ million joint-programme under the Welsh Assembly Government (WAG) contract

• Production and distribution forecast by FY 2013

Materials supply

Germany/ Global

• World leader in development and manufacture of ionic liquids and electrolytes

• Co-develop electrolytes for use in DSC

View and non-view

glass

applications

US/Global • Part of NSG Group, world’s 2nd largest manufacturers of glass and glazing products for building, automotive and specialty glass markets

• Commercialise DSC on view and non-view glass, utilising Pilkington’s TEC series of transparent conductive oxide (TCO) coated float glass and Dyesol’s DSC materials

• Ohio State Third Frontier Fund – US$ 1 million Development grant confirmed

Singapore

Aerospace

Manufacturing

(SAM)

Engineering and Process

Solutions

Singapore/ Global

• Co-develop proto-type manufacturing facilities for use by Dyesol applications partners

• Owned by Singapore Government

• Instrumental in controlling DSC “know-how”

TIMO

TECHNOLOGY

OLEDS/ consumer electronics

Korea/Global • Dyesol-Timo is 50/50 JV for development and commercialisation of DSC in Korea

• Timo Technologies is a listed electronics supplier to large MNCs such as LG

16


Recent Developments

• Dyesol-Tata meets important Beta (Scale-Up) phase milestone

• Welsh Assembly announces funding of Sustainable Product Engineering Centre for Innovative Functional Industrial Coating (SPECIFIC) and SBEC (Sustainable Building Envelop Centre)

• DyeTec Solar wins US$950K grant to commence Toledo based large panel glass project

• US National Renewable Energy Laboratory (NREL) provides co-chair with Dyesol for DSC-IC 2010 in Collarado.

• Dyesol works with key materials and equipment supply partners - SAM, Merck and moves to LOI with Umicore.

• Enters R&D collaboration with NIMS, Japan – world class materials research institute

Prototype roofing product

17


Dyesol Now

• Over 4000 Australian shareholders.(110 million shares)

• Also trading on German Stock Exchange – now over 30 Million shares

• Current Share Price ~ $.70 (IPO in 2005 was $0.20), Market Capitalisation ~ $100 million

• Australian DSC Materials factory official opening by AustralianGovernment Minister for Resources and Energy October 08, Dyesol/Corus PV Accelerator opened by First Minister of Wales, October08; Dyesol-Timo pilot facility opened by Minister,09

• Full-time team 75 scientists, engineers, business developers and support staff.

18


International Footprint

• Global headquarters

• Subsidiaries in Germany, Italy, Japan, Korea, Singapore, Switzerland, UK and USA

• Representatives, agents or contracts in Abu Dhabi, China, Malaysia, Taiwan and Turkey

Supplies products to more than 30 countries throughout the world

Australia

ChinaJapan

South Korea

Singapore

USA

UK

Germany

Switzerland

Italy

Malaysia

Abu Dhabi

TaiwanTurkey

FY09 Revenue

69%

1%

30%

Australia

Asia

Europe

19


Concluding Remarks

• DSC will create new markets for solar

• Carbon trading will escalate the already large market growth for solar product

• New scientific concepts - nanotechnology and biomimicracy – key to vital innovation

• International Collaboration is key

www.dyesol.com

commercialising dye solar cell (dsc ) technology colloboration... · dsc are a photoelectrochemical...

Documents