BioSolar, Inc.

BioSolar Backed Solar Panels Debut at GovGreen Conference

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Source: BioSolar, Inc.

Higher Durability and Lower Cost of BioBacksheet Represent Highly Attractive Features for Solar Manufacturers

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 (PV) solar modules, today reported that the company will present BioBacksheet integrated PV panels at the GovGreen Conference held in Washington DC later this week. The panels were produced by four PV manufacturers that are currently considering commercial use of BioBacksheet.

GovGreen (http://www.govgreen.org) is the marketplace for government purchase decision makers looking for green solutions. BioBacksheet is currently the only USDA certified PV backsheet for preferred purchasing by federal government agencies.

“BioSolar’s highest priority right now is assisting its prospective PV panel manufacturing customers to integrate BioBacksheet into their panels for full panel UL certification,” said Dr. Stanley Levy, the company’s Chief Technology Officer. “Another important priority is helping those solar panel manufacturers who seek additional evidence that BioBacksheet will remain intact after prolonged exposure to various harmful environmental effects such as ionizing UV radiation.”

Consistent with BioSolar’s much better than average industry test results, a recent UV exposure test has revealed that the resilience of BioBacksheet in the presence of destructive UV radiation is markedly better than traditional multi-layer laminated backsheets currently used by the PV industry today.

BioBacksheet was exposed to testing that is equivalent to 10 years of solar exposure and displayed no detectable changes. In direct contrast, competing multi-layer backsheet laminates usually experience degradation in the adhesives used to hold the layers together, increasing the risk of inter-layer delamination that can lead to the loss of solar panel’s hermetic seal against moisture. Should the seal fail, solar PV panel manufacturers might be faced with the time, expense and inconvenience of replacing panels under warranty.

Dr. David Lee, the company’s CEO, commented, “PV panel manufacturers are quickly learning that BioBacksheet is more robust than traditional multi-layer backsheets, as well as being a truly green product. BioBacksheet presents a highly attractive proposition to those PV panel manufacturers seeking ways to improve their products and reduce costs.”

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.

 

 

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