Flexible Electronics News

Greatcell Solar Raises $5.3 Million

MAD project has already raised a conditional $6 million offer from the Australian Renewable Energy Agency.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Greatcell Solar Limited (formerly Dyesol Limited), has raised $5.3 million from shareholders. The funds will provide vital working capital as it enters an important phase of its technology development focused on its Major Area Demonstration (MAD) prototyping project.   The technology scale-up project has already attracted a conditional $6 million offer from the Australian Renewable Energy Agency (ARENA) and the raising is targeted at meeting the requirement of raising $5 million in new capital...

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