AJ Greentech Holdings, Ltd. (OTCQB: AJGH), a leading developer, manufacturer and distributor of green energy, announced today that it will move forward on novel technology involving dye-sensitized solar cells. Scientific results were published in PNAS, the Proceedings for the National Academy of Sciences, a highly regarded journal in the scientific community. AJGH plans to further develop this technology as well as the construction of a new R&D facility.
Dye-sensitized solar cells (DSSCs) are a class of thin film solar cells. They have many advantages, such as low-cost, low-density, and an anode-electrolyte system that leads to favorable differential kinetics. There has been much development going on regarding these solar cells to improve their efficiency and mass-marketability. Our published article concluded that there is visible light generation by the iodine-bond oxidation of several novel ruthenium-based compounds and that the regeneration process of these cells could be enhanced.
CEO Chu Li An stated, "This is an important step forward for our company. To have scientific results such as this published in a widely regarded scientific journal is only the first step. We plan to expand on these results and develop them in an R&D facility that we will be constructing. We believe that dye-sensitized solar cells have widespread application in many different kinds of technology and to improve their efficiency is to improve the quality of renewable energy. At the same time, we will be further investigating other solar cell technologies to further bolster our repertoire to make our company a force in the field of renewable energy."
Link to PNAS Article: http://www.pnas.org/content/early/2012/04/30/1118340109
About AJ Greentech Holdings: AJGreentech Holdings is a full-service environmental technologies and R&D firm dedicated to providing innovative solutions to communities, industry and governments addressing issues of green energy, environmental protection and sustainability. It offers innovative solutions for Green Transportation, Green Energy and Sustainability. It integrates its own native advanced technologies along with third-party technologies and systems to provide its customers with the most effective and economical solutions. Additional information about the company is available at: www.ajgreentech.com.
Forward-Looking Statements: This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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SOURCE: American Jianye Greentech Holdings, Ltd.