The three year agreement gives Dyesol access to the world's best processing equipment and expertise suited to the commercialisation of its revolutionary Perovskite Solar Cell (PSC) technology on steel.

Queanbeyan, 17 June 2015 - Dyesol Limited (ASX: DYE), world leader in the industrialisation of Perovskite Solar Cell (PSC) technology, and Solliance are pleased to announce they have signed an agreement formalising Dyesol's entry as an Industrial Partner to Solliance, a world-class solar energy consortium situated in Eindhoven, The Netherlands.

Solliance is a partnership of major Belgian, Dutch and German companies, research institutes and universities working in thin film photovoltaic solar energy. Solliance provides state of the art laboratories and pilot production lines which are jointly used for dedicated research programmes. The three year agreement gives Dyesol access to the world's best processing equipment and expertise suited to the commercialisation of its revolutionary Perovskite Solar Cell (PSC) technology on steel.

Solliance's capability in the roll-to-roll processing of flexible PV enabled substrates, together with Dyesol's expertise in PSC processing, device design and materials will enable both parties to accelerate the readiness of a commercially viable PSC based steel product for supply to the very substantial global cladding and roofing markets where attractive margins will be achievable. This partnership will create the industry's most technically capable and commercially focused effort to roll out this next generation technology.

The agreement gives Dyesol access to the foreground and background IP of its Solliance R&D partners related to the R&D programme, while protecting Dyesol's background IP.

"We are excited that Dyesol has joined our Solliance Perovskite research programme. This commitment of Dyesol is a confirmation of the excellence, know-how and infrastructure that Solliance combines via its research partners" says Huib van den Heuvel, Director Solliance.

"Utilisation of Solliance's laboratories and pilot production lines will enable Dyesol to reduce its steel related capital expenditure and increase internal focus on its core PSC technology development", says Richard Caldwell, Dyesol's Managing Director. "The Solliance activities will be supervised from Dyesol UK and will complement Dyesol's participation in its other collaborations, including SPECIFIC where it will continue to benefit from close collaboration".

For more information on Solliance please see www.solliance.eu