Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Dyesol Buys Back Convertible Notes

Abstract:
In light of its recent successful capital raising, Australian nanotechnology and clean energy pioneer, Dyesol Limited (ASX: DYE, OTCQX: DYSOY, FWB: D5I.F), has agreed with Bergen Global Opportunity Fund LP to buy back the remainder of the convertible notes Bergen holds.

Dyesol Buys Back Convertible Notes

Queanbeyan, Australia | Posted on May 22nd, 2012

Dyesol will pay a total of AUD $326,062, representing the face value of the notes plus a 10% premium.

"We believe this action will further relieve downwards pressure on the Company's share price and allow it to recover to a level that better reflects Dyesol's outstanding prospects." said Dyesol Chairman Richard Caldwell.

"While there has been unprecedented turmoil in global markets, Dyesol's strategy of commercialising DSC for the global Building Integrated Photovoltaic market remains sound - as does the quality of our Dye Solar Cell (DSC) technology, especially in relation to its comparative performance against Gen 1 and Gen 2 products in key markets in Europe, North America and Asia." Mr. Caldwell continued.

Dyesol's third generation Dye Solar Cell (DSC) technology has lower embodied energy in manufacture than traditional silicon solar cells and produces electricity well in low light, real world conditions such as cloudy days, hazy or polluted days, dawn and dusk - not just at peak sun at noon on a sunny day.

"DSC is great technology and a truly sustainable choice for the renewable energy sector." Mr. Caldwell said.

"For those wanting to reduce the energy footprint of their buildings, DSC enabled steel roofing or windows will be an excellent choice."

####

About Dyesol Ltd
Dyesol is a global supplier of Dye Solar Cell (DSC) materials, technology and know-how. DSC is a photovoltaic technology enabling metal, glass and polymeric based products in the building, transport and electronics sectors to generate energy and improve energy efficiency. Dyesol partners with leading multinational companies who possess significant market share and established routes-to-market. The company is listed on the Australian Stock Exchange (DYE), the German Open Market (D5I), and is trading on the OTCBB (DYSOY) through its depositary BNY Mellon. Learn more: www.dyesol.com Subscribe to Mailing List and eNewsletter here.

The Technology - DYE SOLAR CELLS

DSC technology can best be described as 'artificial photosynthesis' using an electrolyte, a layer of titania (a pigment used in white paints and tooth paste) and ruthenium dye deposited on glass, metal or polymer substrates. Light striking the dye excites electrons which are absorbed by the titania to become an electric current. Compared to conventional silicon based photovoltaic technology, Dyesol's technology has lower cost and embodied energy in manufacture, it produces electricity more efficiently even in low light conditions and can be directly incorporated into buildings by replacing conventional glass panels or metal sheets rather than taking up roof or extra land area.

For more information, please click here

Contacts:
Media & Investor Relations Contacts:
Australia
Viv Hardy
Callidus PR
Tel: +61 (2) 9283 4113
or +61 (0)411 208 951

Germany & Europe
Eva Reuter
DR Reuter
Investor Relations
Tel: +49 177 605 8804

USA & the Americas
Josh Seidenfeld
Antenna Group
Tel: +1 415 977 1953


Dyesol Headquarters
Angela Geary
Dyesol Brand Manager
Tel: +61 (0)2 6299 1592

Copyright © Dyesol Ltd

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

How to maximize the superconducting critical temperature in a molecular superconductor: International team led by Tohoku University opens new route for discovering high Tc superconductors April 19th, 2015

Engineer improves rechargeable batteries with MoS2 nano 'sandwich' April 18th, 2015

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Investments/IPO's/Splits

Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015

Graphenea embarks on a new era April 16th, 2015

Harris & Harris Group Portfolio Company OpGen Files Amended Registration Statement for Proposed Public Offering April 8th, 2015

Harris & Harris Group Reports Financial Statements as of December 31, 2014 and Posts Annual Letter to Shareholders on Website March 17th, 2015

Announcements

How to maximize the superconducting critical temperature in a molecular superconductor: International team led by Tohoku University opens new route for discovering high Tc superconductors April 19th, 2015

Iranian Foodstuff, Agricultural Industries Welcome Nanotechnology Packaging Bags April 18th, 2015

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Energy

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Major advance in artificial photosynthesis poses win/win for the environment: Berkeley Lab researchers perform solar-powered green chemistry with captured CO2 April 16th, 2015

Newly-Developed Nanocatalysts Increase Performance of Fuel Cells April 16th, 2015

Graphenea embarks on a new era April 16th, 2015

Solar/Photovoltaic

The microscopic topography of ink on paper: Researchers have analyzed the varying thickness of printed toner in unprecedented 3-D detail, yielding insights that could lead to higher quality, less expensive and more environmentally-friendly glossy and non-glossy papers April 14th, 2015

Graphene pushes the speed limit of light-to-electricity conversion: Researchers from ICFO, MIT and UC Riverside have been able to develop a graphene-based photodetector capable of converting absorbed light into an electrical voltage at ultrafast timescales April 14th, 2015

Iranian Scientists Use Ultrasound Waves to Produce Fullerene April 9th, 2015

Wrapping carbon nanotubes in polymers enhances their performance: Scientists at Japan's Kyushu University say polymer-wrapped carbon nanotubes hold much promise in biotechnology and energy applications March 30th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE