THE next-gen solar cell outfit has market capitalisation of $120 million, yet management feels investors have not responded to announcements with suitable zeal.
Fair enough, but Dyesol's path to revenue has been slow.
Still, the next 12 months or so should be pivotal for the Queanbeyan outfit, which has pioneered dye-solar cell (DSC) technology. Instead of generating solar power from silicon panels, DSC does so by sandwiching active ingredients between steel or glass to create artificial photosynthesis.
Dyesol is in a joint venture with British steelmaker Corus to produce Colorbond-style roofing and fencing, which doubles as giant solar panels. DSC captures sunlight even in gloomy northern hemisphere conditions. Corus is planning commercial production from July next year.
Earlier this month, Dyesol announced a tie-up with US glassmaker Pilkington to produce glass flatpanels with the same energy-producing traits. And there's another collaboration in the offing, with a German carmaker (hint: there's a new subsidiary called Dyesol Automotive Bavaria). The emphasis here will be on a flexible plastic blind to recharge batteries on hybrid cars.