North Coast Solar Stocks

April 6, 2009

BioSolar’s BioBacksheet Gets Global Audience at International Green Energy EXPO Korea 2009

Filed under: BSRC — Tags: , , , — Jason @ 6:05 am

Company’s BioBacksheet™ Replaces Petroleum with Renewable Materials to Create More Cost-Effective and Earth-Friendly Solar Panel Backing

Monday April 6, 2009, 6:05 am EDT

SANTA CLARITA, Calif.–(BUSINESS WIRE)–BioSolar, Inc. (BSRC) announced today that it will exhibit its BioBacksheet™ solar cell technology at the International Green Energy Expo, and event organized by EXCO, The Korea Energy News, expected to draw more than 30,000 visitors from over 17 countries April 8-10 at the Daegu Exhibition & Convention Center in Korea. The company’s BioBacksheet™ protective covering for photovoltaic solar cells replaces expensive and potentially hazardous petroleum-based film with renewable biobased materials, creating a more environmentally-friendly and cost-effective solar panel component expected to be instrumental in driving down the cost per watt of photovoltaic solar power.

“We have successfully demonstrated that functional photovoltaic backsheets can be produced from sustainable resources. Our bio-based materials – both individually and in combination – meet or exceed the characteristics of various testing and performance standards for the photovoltaic industry,” said David Lee, BioSolar’s chairman and CEO.

“The BioBacksheet™ will not only reduce the costs associated with photovoltaic modules, but also make a global contribution to a source of true green energy,” said K. M. Suh, president of Shin Ha, Inc., BioSolar’s new Korean marketing partner. “BioSolar’s innovative use of sustainable and recyclable natural resources will undoubtedly be adopted into PV modules by leading manufacturers throughout Korea and globally.”

Designed to replace existing petroleum-based backsheets for silicon (c-Si) photovoltaic solar panels, the first commercially available BioBacksheet™ is a highly water resistant and high dielectric strength bio-based material combined with cellulosic film. Ongoing expansion of the patent-pending BioBacksheet™ technology is also expected to accommodate copper-indium-gallium-selenide (CIGS) and cadmium telluride (CdTe) thin-film photovoltaic panels.

“Solar power produces clean energy, but in order for it to be considered truly sustainable, we need to ensure we are environmentally sensitive in the production and disposal process as well,” said Lee. “Whether solar cells are produced using crystalline silicon, amorphous silicon or other solar technologies, BioSolar can help reduce the cost per watt through the use of its lower cost bio-based materials by removing petroleum from solar cells, making solar energy a true green source of energy.”

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