GreatCell Solar, the Australia-based materials company formerly called Dyesol, has been awarded a AUS$6m (around $4.75 million USD) grant from the Australian Renewable Energy Agency (ARENA) for the Perovskite Solar Cell Technology - Large Area Module Development Project.

The company has also set out to raise around $5 million AUS ($4 million USD) as part of the project funding. This should enable Greatcell to accelerate the scale-up and prototyping activities to commercialize the company's technology.

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