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G24i Power Announces a World-First in Solar Energy

Cardiff, Wales – October 17, 2007 – G24i Power Limited (G24i), headquartered in Cardiff, Wales, has announced the production of the World’s first commercial grade Dye Sensitised Thin Film. The technology is expected to make solar energy a viable renewable energy option for the first time for a range of new industries and geographies.

G24i’s Dye Sensitised Thin Film represents a technological breakthrough that combines innovative material science and nanotechnology to generate renewable power in a process much like nature’s photosynthesis. The solar cells and products are extremely lightweight, durable and are unique in that the thin film produces electricity in both low light and indoor conditions. Because G24i’s advanced solar cells work under all real-world conditions – sunrise, sunset, rainy and cloudy days – the cells provide more electricity to the user than most of the highly efficient traditional solar cells, which produce at their high efficiency levels for only a few hours on a sunny day.

Since moving in in September 2006, G24i has completed development of its 23 acre 187,000 sq ft fabrication plant and has designed, engineered and installed two production lines with a minimum capacity equal to 30 Megawatts (MW) of traditional solar cells. The company’s proprietary “roll-to-roll” manufacturing process completes all manufacturing steps in an automated, continuous process and can transform a lightweight roll of metal foil into a half-mile one hundred pound roll of G24i’s Dye Sensitised Thin Film in less than three hours. G24i’s Dye Sensitised Thin Film is ideal for integration or embedding into a wide array of products such as mobile electronic devices, tenting systems, and indoor and outdoor building materials.

Clemens Betzel, President of G24i, comments: “Production of commercial grade Dye Sensitised Thin Film marks an important leap forward for G24i and for the solar energy industry as a whole. This technology will bring solar energy into the mainstream, opening up a wealth of new applications and opportunities and successfully navigating the barriers to mass production experienced by other solar technologies.”

“We have been working towards commercial grade production for the past year and DSFT technology has been in laboratory phase for over eighteen years.”

The dye sensitised solar cell, known as the “Graetzel Cell” was originally developed by Dr. Michael Graetzel, a member of the G24i Advisory Board, at the Swiss Federal Institute of Technology (EPFL). G24i holds a worldwide license to manufacture Dye Sensitized Thin Film.


Notes to Editors:

About G24i

G24i Power (G24i), a UK based company, is the world’s first to commercially manufacture next generation Dye-Sensitized Thin Film solar cells, an alternative to traditional silicon solar cells.

Dye-Sensitized Thin Film solar cells are unique in that they are extremely lightweight, durable, and produce electricity in low-light and indoor conditions. As a result, G24i’s advanced solar cells are perfect for powering mobile electronic devices such as mobile telephones, cameras, and portable LED lighting systems.

On a larger scale, G24i’s flexible thin film integrates effectively into clothing, tents, electronic advertising displays, and works well for indoor building integrated photovoltaic systems where local regulation requires on site generation or significant energy efficiency measures.

G24i’s proprietary high speed roll-to-roll manufacturing process allows for large volume production at our 23 acre, 187,000 square foot facility. Further information at: www.g24i.com.


For more information, please contact:

G24i Power:
Eliot Abel
+44 (0) 2920 837 340
eliot.abel@g24i.com

FD (PR):

Andy Field or Oliver Williams
+44 (0) 20 7831 3113
andy.field@fd.com
olly.williams@fd.com


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