An Australian photovoltaics company has managed to achieve a 9% energy conversion rate in a dye solar panel.

The success was due to an undisclosed new material used in the firm's solid-state strip cells. These are made at its manufacturing site in New South Wales. Dyesol believes that further improvement can produce units with a 12% efficiency yield at a commercially viable price.
Among the areas Dyesol has worked on are more effective blocking area materials and high stability hole transport layers.
Dyesol is also investigating methods for high-speed throughput and industrial scale deposition techniques to bring the innovative cells to the domestic and a wider Asian market. It is reported to be in consultation with an Australian materials company to achieve this.
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