In a significant advancement for the graphene industry, First Graphene Limited has entered into an exclusive agreement with Halocell Australia. This collaboration focuses on the development, production, marketing, and sale of graphene-enhanced carbon paste. The implications of this partnership are profound, particularly for applications in flexible electronics and energy systems.
The agreement grants First Graphene worldwide rights to manufacture and sell products containing PureGRAPH®, a product that has already demonstrated its efficacy in Halocell’s perovskite solar cells.
Table of Contents:
Transforming solar technology with graphene
The recently established 12-month license agreement empowers First Graphene to leverage its innovative graphene technology in the rapidly growing carbon paste market. Halocell will receive a 10% royalty on sales, while also utilizing the carbon paste in its production of commercially viable perovskite solar cells, which are already achieving remarkable efficiency.
This partnership builds on previous agreements, including a Joint Development Agreement and a Cooperative Research Centre Project (CRC-P) Partners Agreement, signed in June and August. These foundational collaborations have paved the way for the integration of graphene into carbon paste formulations, optimizing their performance and cost-effectiveness.
Advantages of graphene-enhanced carbon paste
Halocell’s perovskite solar cells have reported an impressive increase in efficiency, now exceeding 30%, thanks to the incorporation of graphene into their manufacturing process. Utilizing a roll-to-roll (R2R) deposition technique, Halocell has significantly reduced production costs while enhancing the overall performance of these solar cells.
Unlike traditional conductors like gold, the graphene carbon paste offers substantial savings on materials and production expenses without compromising output quality. This makes it a highly desirable alternative for various applications, particularly in the electronics sector.
Expanding applications across industries
The market for graphene-enhanced carbon paste is poised for exponential growth, projected to exceed $2.8 billion by 2032. Beyond solar technologies, there are numerous potential applications across sectors such as aerospace, Internet of Things (IoT), and renewable energy. In fact, Halocell has identified 44 additional devices that could leverage this advanced technology to improve performance and efficiency.
Collaborations with companies like V-Tol Aerospace and Li-S (ASX:LIS) are already underway, focusing on developing lightweight power solutions that include next-generation solar panels and batteries. These advancements aim to extend the operational duration of electric-powered drones, showcasing the versatility of graphene’s applications.
Future developments and manufacturing processes
First Graphene plans to initiate manufacturing of the graphene-enhanced carbon paste at its facility in Henderson within the coming month. This step marks a crucial phase in bringing their innovative products to the global market.
The Managing Director and CEO of First Graphene, Michael Bell, expressed enthusiasm about the collaboration, stating that the partnership with Halocell is strengthening their market position and accelerating advancements in solar technology. The ability to utilize existing intellectual property will facilitate the introduction of these products to meet the rising demand for perovskite solar cells.
The agreement grants First Graphene worldwide rights to manufacture and sell products containing PureGRAPH®, a product that has already demonstrated its efficacy in Halocell’s perovskite solar cells.0
