Categories: CleanTech BitesSolar

ARENA to provide $449,000 for Dyesol’s perovskite cell research

Published by

The Australian Renewable Energy Agency says it will provide $449,000 to Australian listed company Dyesol to progress development of the perovskite solar cells, touted as a highly efficient and potentially cheaper solar cell to the one currently in the market.

Dyesol recently claimed a significant breakthrough in the development of perovskite solar cells, which are touted as the next big thing in solar because of their high efficiency rates, but they have yet to overcome significant stability and durability issues.

ARENA says perovskite solar technology is low cost, versatile, and can perform in low light conditions. However, it is an emerging technology that has not yet evolved into scaled applications or manufacturing techniques that will ensure product quality, performance and certification standards for operation can be met.

Acting ARENA CEO Ian Kay said the funding would enable NSW company Dyesol to create a roadmap setting out the steps needed to take its perovskite solar cell technology from the lab to a commercially available product.

“Perovskite cells have been demonstrated at laboratory scale but have never before been mass produced. Dyesol will map out the techniques and requirements for working towards scalable manufacturing of high-quality, uniform perovskite cells that achieve efficiency, durability and stability targets,” Kay said.

“Ultimately, we hope to see perovskite solar cells deliver a significant breakthrough in cost reduction in the manufacture of solar PV technology, in line with ARENA’s goal of reducing the cost of renewable energy and advancing innovative technologies.

He said Dyesol is initially aiming for a delivery cost benchmark of US 10 cents per kWh, putting perovskite solar PV cells on par with current benchmarks achieved by silicon solar PV.

“This would be a considerable achievement given silicon PV’s maturity as a technology, and provides further scope for reduction in the cost of energy as manufacturing volumes grow.”

Minister for the Environment Greg Hunt, whose portfolio now includes ARENA, said it was further proof that Australia is at the forefront of innovation in renewable technologies.

“Supporting early stage projects like this one is vital if we are to maintain and build on our world-leading competitive advantage in solar research and development and further bring down the cost of solar,” he said in a statement.

“What I’d like to see is more solar available for Australian families and businesses and, at the same time, be growing an innovative commercial solar industry on Australian shores.”

The Dyesol research facility is located in Queenbeyan, in the electorate of federal Member for Eden-Monaro, Dr Peter Hendy, who said that perovskite is abundant and cheaper than silicon. “This is a third generation solar technology,” he said.

 

Giles Parkinson is founder and editor-in-chief of Renew Economy, and founder and editor of its EV-focused sister site The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Giles Parkinson

Giles Parkinson is founder and editor-in-chief of Renew Economy, and founder and editor of its EV-focused sister site The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Share
Published by

Recent Posts

Game on: How major sporting events boost private jet travel, and transport emissions

If those traveling by private jet to major sporting events had taken commercial flights instead,…

8 July 2026

Renewables head off grid, but wind farms last longer than many mines, and that’s a problem

WA's shallow energy market leads some developers to look to miners to backstop demand, but…

8 July 2026

No more “bragawatts:” Some investors not convinced that bigger is better for wind projects

Fewer investors, more demand, and huge projects are changing how financiers grade different wind options…

8 July 2026

Struggling wind projects warned their unused capacity will be returned to future CIS tenders

Owners of wind projects struggling to get finance have been warned by the federal government…

8 July 2026

Why electricity networks need to understand people, not just poles and wires

More than a billion data points from the Electrify 2515 trial should help networks replace…

8 July 2026

CIS-winning wind farm finally starts construction, more than a decade after first unveiling

One of the first wind projects to win a CIS deal has finally begun construction,…

8 July 2026