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

Production of Zirconium Carbide Nanoparticles at Low Temperature without Thermal Operations July 5th, 2015

A 'movie' of ultrafast rotating molecules at a hundred billion per second: A quantum wave-like nature was successfully observed in rotating nitrogen molecules July 4th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Nanometrics to Participate in 7th Annual CEO Investor Summit 2015: Investor Event Held Concurrently With SEMICON West in San Francisco June 25th, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Announces 1,000 Qubit Processor and is Discussed in the Economist June 23rd, 2015

Nanowire LED Innovator Aledia Completes $31 Million Series B Financing June 18th, 2015

Announcements

Production of Zirconium Carbide Nanoparticles at Low Temperature without Thermal Operations July 5th, 2015

A 'movie' of ultrafast rotating molecules at a hundred billion per second: A quantum wave-like nature was successfully observed in rotating nitrogen molecules July 4th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Energy

New technology using silver may hold key to electronics advances July 2nd, 2015

Visible Light-Sensitive Photocatalysts Used for Purification of Contaminated Water in Iran June 30th, 2015

June 29th, 2015

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Solar/Photovoltaic

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Spain nanotechnology featured at NANO KOREA 2015 June 26th, 2015

Stanford researchers stretch a thin crystal to get better solar cells June 25th, 2015

Toward tiny, solar-powered sensors: New ultralow-power circuit improves efficiency of energy harvesting to more than 80 percent June 23rd, 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