$6 Million ARENA Grant - Letter of Negotiation
1. Completion of all final project documents, including the ARENA Funding Agreement and Knowledge Sharing Agreement in a form and substance satisfactory to ARENA;
2. A minimum of $5.0 million (excluding GST) in new capital being raised, exclusive of ARENA's funding contribution.
The grant evaluation process involved advice from world-class 3rd generation solar photovoltaics (PV) experts and strongly validates the potential of our Perovskite Solar Cell (PSC) technology and development strategy. Further, it will enable Greatcell to accelerate our scale-up and prototyping activities that are absolutely critical to our commercialisation path objectives.
This grant clearly demonstrates the importance of ARENA in supporting the development of renewable energy technology in Australia.
About Greatcell Solar Limited
Greatcell Solar Limited (ASX:GSL) (OTCMKTS:DYSOY) is a global leader in the development and commercialisation of Perovskite Solar Cell (PSC) technology – 3rd Generation photovoltaic technology that can be applied to glass, metal, polymers or cement. Greatcell Solar Limited manufactures and supplies high performance materials and is focussed on the successful commercialisation of PSC photovoltaics. It is a publicly listed company: Australian Securities Exchange ASX (GSL) and German Open Market (D5I). Learn more at our website and subscribe to our mailing list in English and German.
Greatcell Solar Limited