BioSolar’s BioBacksheet™ May “Revolutionize the Solar Power Industry,” According to Media Reports
SANTA CLARITA, Calif.--(BUSINESS WIRE)--BioSolar, Inc. (OTCBB:BSRC) has introduced “a robust protective backing for solar cells derived from cotton and castor beans, which may possibly revolutionize the solar power industry as we know it today,” according to a June 3, 2009 article on Green Energy News.
“the primary initiator of this resilient bio-based plastic, which substantially reduces solar manufacturing costs and entirely ceases any need for petroleum exploitation.”
The article notes that BioSolar is “the primary initiator of this resilient bio-based plastic, which substantially reduces solar manufacturing costs and entirely ceases any need for petroleum exploitation.”
BioSolar’s line of proprietary BioBacksheet™ protective coverings are designed to replace expensive and hazardous petroleum-based film with a bio-based one derived from cotton and castor beans, creating a more environmentally-friendly and cost-effective solar panel component.
“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,” according to YESWECANSOLVEIT Blogspot.
Dr. David Lee, Chairman and CEO of BioSolar, recently announced that the BioBacksheetTM-C will be the company’s first product to be commercially available during the second half of 2009. The announcement follows BioSolar’s recent news that two of its products are currently in the preproduction stage and nearing qualification for full production.
About BioSolar, Inc.
BioSolar, Inc. has developed a breakthrough technology to produce bio-based materials from renewable plant sources that will reduce the cost per watt of solar cells. Most of the solar industry is focused on photovoltaic efficiency to reduce cost. BioSolar is the first company to introduce a new dimension of cost reduction by replacing petroleum-based plastic solar cell components with durable bio-based materials. To learn more about BioSolar, please visit our website at http://www.biosolar.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
