North Coast Solar Stocks

September 21, 2009

Intense Media Focus on Cleantech Industry Expands Market Opportunities for BioSolar and Other Green Companies

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

Monday September 21, 2009, 6:05 am EDT

SANTA CLARITA, Calif.–(BUSINESS WIRE)–Dr. David Lee, CEO of BioSolar (BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, says that intense media coverage of cleantech innovations across energy sectors is helping to fuel market opportunities for green companies across the nation.

“As a company on the cusp of emerging from the research and development stage to commercialization, sustained media penetration has been essential in building BioSolar’s profile prior to production,” said Lee. “In today’s tough economic environment, companies across green segments are competing to increase visibility among key audiences, and we are pleased that we have been able to leverage our technological leadership to create a groundswell of media attention around our technological advances and commercialization plans.”

Hailed as a technology that “will reduce the cost of solar cells,” in a recent Printed Electronics World article, BioSolar recently filed a new patent application for its proprietary BioBacksheetTM-A, a bio-based backsheet featuring an absolute moisture barrier for the thin-film photovoltaic cell market, as reported in Semiconductor Today.

In a two-part Question and Answer with Energy Boom, Lee explains, “With the market for solar power already in explosive growth mode, BioSolar is singularly positioned to lead the development of truly sustainable and cost-effective solar technology.”

BioSolar’s backsheets are expected to cost significantly less than petroleum-based films currently in use by most solar module manufacturers. The BioBacksheetTM-C, designed for the traditional C-Si PV modules, will be the company’s first commercial product.

“Despite current economic conditions, the media is tapping into the growing public and investor interest in alternative energy technologies and helping innovative startups in the green energy space. Companies, like BioSolar, are rapidly coming to market with cost-efficient and environmentally friendly products that will fundamentally change the world.”

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