GreatCell manufactured and supplied PSC materials and was dedicated to the successful commercialization of PSC photovoltaics. It is mainly focused on:
- Developing (and continuously advancing) a suite of thoroughly tested PSC chemicals, components and equipment used in the manufacture of PSC cells, modules and panels to researchers and industrialists;
- Providing turn-key and custom fabrication facilities for research, development and production of PSC photovoltaic devices; and
- Providing specialist training, consulting and engineering solutions for the application of PSC photovoltaic technology
One of GreatCell's main activities was the development and supply of photoactive materials, mostly for R&D. The company started offering perovskite materials around 2013.
GreatCell's main goal, however, was to develop perovksite-based solar panels. One example was the company's intensive research into steel substrates for solar panels. GreatCell was working on flexible steel-integrated panels (as part of SOLLIANCE) which had the potential to find a huge market in the warehouses and industrial buildings across Europe. In addition, GreatCell developed glass-based perovskite. The company aimed to establish Joint Ventures with solar panel makers for the creation of commercial production lines.
The latest GreatCell news:
GreatCell Solar, developer of solar technologies, was awarded 700,000 euro (about $825 million USD) in a European Union Horizon 2020 project known as Apolo. The grant to Greatcell's application has occurred through its 100% Italian subsidiary, Greatcell Solar Italy located in Rome, that aims to commercialize perovskite solar technology.
Much of the work involved will investigate advanced technology for higher efficiencies, longer life, and improved encapsulation of PSC-enabled flexible substrates, such as metals and polymers. These are all critical in the successful translation of the 3rd generation PSC photovoltaic (PV) technology from the laboratory to the factory and satisfying PV industry accreditation (IEC 61215).
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.
GreatCell Solar (formerly Dyesol), has announced a $5 million AUD (almost $4 million USD) share purchase plan to raise funds to continue work on technology scale-up, testing and accreditation, equipment procurement and facilities fit-out, as well as for general working capital purposes.
Greatcell is offering eligible shareholders the opportunity to purchase fully paid ordinary shares (New Shares) at an issue price of $0.18 per New Share, which is a discount of approximately 13.5% to the volume weighted average price of Greatcell's shares on the ASX during the 5 trading days immediately prior to today. All New Shares will be quoted on ASX and will rank equally with other fully paid ordinary shares on issue.
The Australia-based Greatcell (formerly known as Dyesol), has signed a non-exclusive Memorandum of Understanding (MOU) with JinkoSolar, according to which the Chinese headquartered solar PV manufacturer will be given access to the company's developmental perovskite solar cells (PSC), with a long term goal to establish a formal agreement to commercialize the technology and commence large scale manufacturing.
Greatcell said that the relationship had formed over months of discussion and with the close support of Nanyang Technology University (NTU), its academic research collaboration partner in Singapore.
Dyesol, the Australian company developing Perovskite Solar Cell (PSC) technology, has decided to change its name and logo to Greatcell Solar.
The decision has been reached at a general meeting of shareholders on June 9, and it expects the new name to be registered by the Australian Securities and Investments Commission around June 21, while the name and ticker change on the stock exchange should follow shortly thereafter.