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International expo gives BioSolar’s BioBacksheet global audience

Posted: April 7, 2009 6:35 p.m.
Updated: April 7, 2009 3:40 p.m.
 
BioSolar, Inc. (OTC BB: BSRC) announced today that it will exhibit its BioBacksheetTM 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 BioBacksheetTM 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 BioBacksheetTM 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 BioBacksheetTM is a highly water resistant and high dielectric strength bio-based material combined with cellulosic film. Ongoing expansion of the patent-pending BioBacksheetTM 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."

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.

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