First Graphene Limited (ASX:FGR; “First Graphene” or “the Company”) has secured an agreement with Halocell Energy to supply graphene for the manufacture of perovskite solar cells. The initial two-year agreement will result in the Company providing its leading PureGRAPH®to the New South Wales-based manufacturer for use as a high-performing coating for perovskite solar cells (see Figure One).By incorporating PureGRAPH® into its products, Halocell Energy can expedite its manufacturing process and enhance light absorbing performance, which will enable the company to scale up commercial production to meet demand.

These graphene enhanced modules are up to five times more efficient than conventional silicon solar cells. They are also more cost-effective, with Halocell Energy demonstrating graphene can reduce manufacturing and materials costs by over 80% as the need for high-cost conductor materials such as gold and silver are eliminated. By delivering cost-effective perovskite solar cells, First Graphene and Halocell Energy could help drive down renewable energy costs and accelerate the rate of uptake around Australia. The graphene formulations will also allow the use of roll-to-roll dispersion, which is a rapid, scalable, and low-cost production technique used to create the perovskite solar cells. Combined with First Graphene’s materials, this technique will pave the way forward for Australia to become a cost-competitive manufacturer of this in-demand renewable energy technology.

First Graphene Managing Director and Chief Executive Officer Michael Bell said the agreement with Halocell Energy is a significant milestone for the company as it officially enters the commercial perovskite solar cell industry.

“These locally manufactured products will change the way Australians leverage solar power in their home and improve Australia’s renewable energy performance as a whole,” Bell said.

“Importantly, the agreement opens a door further for First Graphene to showcase the benefits of leveraging the unique properties of graphene to improve renewable energy technology.”

Halocell Energy Chief Executive Officer Paul Moonie said the manufacturing supply agreement is pivotal and marks a significant step forward for Halocell in developing cutting-edge perovskite solar cells.

“By leveraging First Graphene’s advanced graphene formulations, we can optimise particle size and surface chemistry, enhancing the efficiency and scalability of our solar cells,” Moonie said.

“The integration of these locally supplied materials into our roll-to-roll production process enables cost-effective, rapid manufacturing, which will be a gamechanger for the solar industry in Australia,” Moonie said.

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