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

Global Nano-Enabled Packaging Market For Food and Beverages Will Reach $15.0 billion in 2020 May 26th, 2015

Dr.Theivasanthi Slashes the Price of Graphene Heavily: World first & lowest price – Nano-price (30 USD / kg) of graphene by nanotechnologist May 26th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Investments/IPO's/Splits

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

Nanometrics Announces Live Webcast of Upcoming Investor and Analyst Day May 20th, 2015

PEN Inc. Announces First Quarter Financial Results: Investor Webcast and Business Update Set for May 21, 1 pm EDT May 13th, 2015

Harris & Harris Group Portfolio Company OpGen Raises $17.1 Million in Initial Public Offering May 6th, 2015

Announcements

Global Nano-Enabled Packaging Market For Food and Beverages Will Reach $15.0 billion in 2020 May 26th, 2015

Dr.Theivasanthi Slashes the Price of Graphene Heavily: World first & lowest price – Nano-price (30 USD / kg) of graphene by nanotechnologist May 26th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Energy

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Visualizing How Radiation Bombardment Boosts Superconductivity: Atomic-level flyovers show how impact sites of high-energy ions pin potentially disruptive vortices to keep high-current superconductivity flowing May 23rd, 2015

Conversion of Greenhouse Gases to Syngas in Presence of Nanocatalysts in Iran May 22nd, 2015

Solar/Photovoltaic

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

Efficiency record for black silicon solar cells jumps to 22.1 percent: Aalto University's researchers improved their previous record by over 3 absolute percents in cooperation with Universitat Politècnica de Catalunya May 18th, 2015

Wearables may get boost from boron-infused graphene: Rice U. researchers flex muscle of laser-written microsupercapacitors May 18th, 2015

Random nanowire configurations increase conductivity over heavily ordered configurations May 16th, 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