Monday March 23, 6:05 am ET
Company’s Cost-Saving Bio-Based Materials for Global Solar Market Poised to Make Solar Power Cost-Competitive and Decrease Industry’s Dependence on Oil
SANTA CLARITA, Calif.–(BUSINESS WIRE)–BioSolar, Inc. (BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, “is challenging (DuPontTM) Tedlar® with a new lower-cost solar panel backsheet made entirely of biomaterials,” according to the February 2009 edition of Plastics Technology.
According to The Residential Solar Power Contractors blog, CaliFinder, BioSolar’s “BioBacksheetTM is not only manufactured with renewable natural resources making it a green product, it’s also cheaper to produce than traditional solar panels and is extremely effective and durable…This new innovation will also help to reduce the cost per watt of solar cells, making solar power a more cost effective initiative.”
BioSolar recently announced plans to expand the company’s BioBacksheet™ technology to accommodate copper-indium-gallium-selenide (CIGS) and cadmium telluride (CdTe) thin-film modules, as reported on Nanowerk News. In addition, emerging energy news provider, Energy Current, recently reported that the company has “concluded successful testing on BioBacksheetTM samples from its first pre-production runs.”
Designed to replace petroleum-based components with renewable plant sources, BioBacksheet™ is a premium-grade backsheet consisting of a cellulosic film combined with a highly water resistant and high dielectric strength nylon film made from castor beans. The patent-pending BioBacksheet™ technology for crystalline silicon (C-Si) photovoltaic solar cells is in the pre-production phase.
“By removing petroleum from photovoltaic solar modules, BioSolar makes solar energy a true green source of energy,” said Dr. David Lee, BioSolar chairman and CEO. “Whether solar cells are produced using crystalline silicon, thin film or other solar technologies, BioSolar can help reduce the cost per watt through the use of its lower cost bio-based materials.”
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DuPont forecasts US$1 billion in photovoltaic sales
3/18/2009 12:34:51 PM
NEW YORK: DuPont (DD) expects to nearly triple its annual photovoltaic sales to more than US$1 billion in 2012 based on strong fundamentals for long-term revenue growth in the photovoltaic solar energy market, combined with the company’s ability to deliver new technologies to the industry.
“Through investments in materials, technology development and manufacturing, DuPont is accelerating its ability to deliver innovations that will improve the lifetime and efficiency of photovoltaic modules,” David B. Miller, group vice president, DuPont Electronic and Communication Technologies, said today at the Jefferies 7th Global Clean Technology Conference. “Photovoltaic technology is in its infancy and the opportunities in this market are extensive. DuPont is uniquely positioned to bring new, advanced technologies for future growth in traditional crystalline silicon and emerging thin film photovoltaic segments. We also are investing in greater production capability to help keep pace with the fast rising global demand.”
DuPont anticipates that the photovoltaic market will grow by double digits over the next several years, driving demand for existing and new materials that are more cost effective. The market size today is about US$30 billion, and according to industry estimates, will increase to US$70 billion by 2013. Within the past year, DuPont has made significant investments in product development and capacity expansions for leading brands critical to photovoltaic module manufacturing, consistent with the rise in demand.
Further accelerating its capability to meet emerging materials requirements through new offerings in the thin film photovoltaic energy market also is critical for DuPont. The growth rate for thin film is projected to be about twice as high as demand for crystalline silicon, and DuPont expects this increase to drive specifications for both new and existing products that serve the thin film industry.
DuPont is a leading material and technology supplier to the photovoltaic industry with more than 25 years of experience in photovoltaic materials development and manufacturing.