BioSolar, Inc. (BSRC.OB) is pleased to announce that earlier this week it filed a patent application to protect the unique inventions and processes behind its proprietary bio-based backsheet. The extensive patent application is expected to provide BioSolar full protection of its new BioBacksheet™ technology. BioSolar’s backsheet, which is a protective covering placed on the back of photovoltaic solar cells, is made from renewable plant sources that reduce the cost per watt on solar cells. Most silicon-based solar-cell manufacturers today rely on costly traditional backsheets, like the Tedlar® by DuPont, that are petroleum-based.
“As the solar industry aims to make the world a greener place, the reality is that making solar cells currently relies on the use of petroleum based-products,” stated David Lee, CEO of BioSolar. “The goal of solar is to provide power while reducing our dependence on the world’s petroleum supply and the use of petro-based chemicals in the manufacturing process of green energy presents a fundamental contradiction. Plus, our technology will reduce the final cost per watt of solar electricity by allowing manufacturers to lower the cost of their finished product without being impacted by the volatile cost of petroleum.”
BioSolar has been on a mission to identify sustainable resources to create more cost-effective and environmentally-friendly photovoltaic backsheets. Over the last 18 months, the company was able to create an initial film made from cotton with additives and coatings. It then added a castor bean derived nylon material into the mixture to finally produce its unique backsheet film. The company’s gritty determination and focus has resulted in the submission of the patent application for its BioBacksheet™, a cellulosic plastic equivalent to the traditional films.
“We expect this breakthrough product to be rapidly accepted as the standard for the backsheet component of both traditional and certain thin-film photovoltaic modules,” stated Lee. “Patent filing and protection of our intellectual property is an important milestone as we continue our transition into full-scale production with our contract manufacturing partner, Rowland Technologies, Inc.”
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment