GSL 0.00% 17.0¢ greatcell solar limited

"The joint steel roofing BIPV manufacturing project between...

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    "The joint steel roofing BIPV manufacturing project between Dyesol UK and steel producer Corus is making progress as per the plans.

    The project, which is focusing on commercial manufacturing of dye solar cells (DSC) on steel, is moving towards the completion of production development. This process is scheduled to be complete by May 2010. The initiative is supported by the Welsh Assembly Government (WAG) with a total of £5 million.

    Going forward, there are plans to conduct extensive production trials which will be undertaken on the pilot production line at Shotton and the product manufactured will be subjected to acceptance testing and placement on demonstration sites.

    In addition to the DSC technology design for the project, Dyesol is also the exclusive supplier of DSC materials to Corus. The companies will jointly commercialise the products worldwide.

    Based on the existing coated steel market of over 1 billion square metres per annum, the annual addressable market is forecast to be over 200 million square metres of photovoltaic product, according to Dyesol. The advantages of DSC in this market are: lower cost of manufacturing plant, lower production cost, better performance in normal solar conditions and a range of natural colours. Dyesol says its technology can be directly incorporated into buildings by replacing conventional glass panels or metal sheets rather than taking up roof or extra land area."



    Juk ,the addressable market alone for this product is 200 million square metres ,and Dyesol predict a $70 square metre revenue.

    Thats a lot of cash ,and is for one product from one company ,Corus .
    Dyesol would only need 1% of that kind of production for it to command a market cap over $1bn

    Then there is the solar glass they say is potentially much bigger than the steel roofing market.

    Then there is a multitude of products that can also be manufactured with this process .

    Dyesol is at the cutting edge for commercialisation of DSSC ,and is about to catch the massive wave of low carbon emmission ,renewable energy sentiment building up .
    Global chemical company Merck dont bother with cottage industry companies .Its not worth their while .
    Merck know this will be a big growth area .Even the multinational oil and gas co Petronas is buying Dye and equipment from Dyesol .
    Multinational companies arent showing interest in a little Australian company for no reason .

    Dysol works in any light level ,has much lower energy inputs to make the panels than silicone ,and will be cheaper .
    DSSC will take off like a rocket once production commences ,and so will DYE if it doesnt get taken out .





 
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