SANTA CLARITA, Calif.--(BUSINESS WIRE)--BioSolar, Inc. (OTCBB:BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, continues to sustain media attention for its cost-saving and environmentally-friendly BioBacksheet™ solar module component.
BioSolar "is ushering in the inherent benefits of biomass by leading a pioneering effort to reduce the costs of solar modules by replacing petroleum-based solar panel components with durable biomass-based materials," according to a web exclusive article posted December 10, 2008 on the website of BioMass Magazine and the January 9 edition of Energy Weekly News.
“With the new administration ready to push for legislation requiring the use of more alternative energy, solar energy companies, finishing a year of record growth in 2008, are expected to gain even more momentum,” said Dr. David Lee, CEO of BioSolar. “Companies like BioSolar are uniquely poised for growth in this climate.”
With growth and investment in the solar industry, manufacturers are constantly looking for ways to reduce solar module costs and increase efficiencies. Currently being readied for production, the BioBacksheet is expected to cost less than its petroleum-based counterpart used in solar panels. In addition, BioSolar recently developed a new material configuration and manufacturing technique to produce another patent-pending version of BioBacksheet that can potentially deliver a dramatic reduction in cost in the future.
Monday, January 26, 2009
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