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, announced today the introduction of a bright-white BioBacksheet in response to demand from its prospective customers.
“While meeting with PV module manufacturers in recent months, we encountered an overwhelming preference for a bright-white colored BioBacksheet in lieu of the existing translucent design. For cosmetic reasons, as well as for its high-reflectivity which improves cell efficiency, manufacturers prefer a bright-white colored backsheet”
“While meeting with PV module manufacturers in recent months, we encountered an overwhelming preference for a bright-white colored BioBacksheet in lieu of the existing translucent design. For cosmetic reasons, as well as for its high-reflectivity which improves cell efficiency, manufacturers prefer a bright-white colored backsheet,” said Dr. David Lee, BioSolar’s Chief Executive Officer. “We have successfully modified our product formulation to meet this request without compromising our industry-leading product characteristics. Subsequent testing demonstrated that the improved product meets all industry standards, as well as customer and BioSolar internal product requirements. The new bright-white BioBacksheet opens up a wider pool of potential customers and will be sold as a standard product.”
The original translucent BioBacksheet has proven to be extremely durable in all categories of short-term, as well as long-term durability tests. For example, while only 1,000 hours of damp heat oven exposure (85 degree C at 85% relative humidity) is required to test a typical new backsheet, the translucent BioBacksheet endured more than 3,000 hours.
“Based on the test results completed to date, it appears that the bright-white BioBacksheet will be as durable as the original design,” said Dr. Stanley Levy, BioSolar’s Chief Technology Officer. “Testing of the new bright-white model not only involves examination of the physical characteristics of the product itself, but also the material of which it is made. This is especially important when a new formulation will be used as an integral component of a PV panel. Once these tests are finalized, our prospective customers will submit their specific PV modules with the new bright-white BioBacksheet for UL (or IEC) certification or recertification.”
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According to Dr. Lee, BioSolar currently has commitments from select PV module manufacturers willing to move forward with recertification of their existing PV panels upon completion of the remaining tests. This is a necessary step before making quantity purchase commitments.
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.
