Comprehensive Analysis on Dye-Sensitized Solar Cell (DSC) Technology, page-4

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13 Oct 2014

Finally Dyesol Ltd. (ASX: DYE) continues to inch ever closer to its plan to market its dye solar cell technology to the global marketplace after inking an agreement with Tata Steel UK on Friday.

The agreement gives Dyesol the right of first refusal to distribute its steel-substrate photovoltaic technologies through Tata’s extensive product distribution channel.

Assuming dye solar cell tech lives up to the greater efficiency and lower cost information released to the market, distribution agreements like this one will underpin the company’s eventual earnings capacity and it is pleasing to see Dyesol continue to develop its global partnerships.

Although Dyesol is not expected to begin full-scale manufacturing until 2018, the lead-up to production will be vital and key agreements such as this one will be vital to the company’s success.