BioSolar, Inc. (OTC BB: BSRC) is currently developing a breakthrough technology to produce bio-based materials from renewable plant sources to reduce the cost per watt of solar cells. The company recently announced that it is preparing for pre-production of its anticipated BioBacksheet™, a protective covering for photovoltaic solar cells made from renewable plant sources, rather than the expensive petroleum-based film currently in use.
The pre-production announcement has fueled interest from solar cell manufacturers and the media, including California Energy Circuit and PV Tech. In fact, RenewableEnergyWorld.com recently released an article from Beacon Equity Research analyst Victor Sula that stated, “BioSolar’s material has durability characteristics similar to conventional petroleum-based plastics” and noted that previous attempts to make a backsheet with bio-plastics were unsuccessful due to the material’s “low melting temperature and fragile molecular structure.”
The chief executive officer of BioSolar, Inc., Dr. David Lee, commented, “BioSolar has significantly expanded its activity recently, and we are excited that our new developments and continued progress have not only generated interest from partners, manufacturers and analysts, but have brought our BioBacksheet™ to the forefront of the media’s attention as well.” Dr. Lee is scheduled to appear on Grok’s Science Radio Show on Wednesday, November 26, 2008 to discuss his company’s breakthrough technology.
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