EVSO: Scientific Breakthrough Aims to Drastically Reduce Solar Costs

Management of Evolution Solar Corp. (PinkSheets: EVSO) was pleased to learn that engineers at Princeton University have developed a new technique for producing electricity-conducting plastics which could significantly reduce the costs of manufacturing solar panels. University Professor Yueh-Lin Loo has invented a new plasticizing process that she hopes will obsolete the use of rare and expensive indium-tin-oxide (ITO) in solar cells.

The technique can be adapted immediately to substitute for the ITO used in solar cells, according to Professor Loo.

The researchers successfully overcame the pre-existing technical hurdles to produce plastics that are translucent, malleable and able to conduct electricity, which could lead to a broader use of the materials in a wide range of electrical devices.

“As technology advances and competition flourishes, we expect to see the cost of solar power to continually drop going forward,” stated Robert Hines, President of EVSO. “As time goes forward, we see solar power becoming more and more financially attainable for everyone.”

Funding for the Princeton University project was provided by the National Science Foundation, the W.M. Keck Foundation and the Arnold and Mabel Beckman Foundation.

Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be located at the University’s Houston Campus. The project should help Evolution Solar acquire new projects in a sector that is growing to compete in the energy industry, which contains Chevron (NYSE: CVX), BP (NYSE: BP), Valero Energy Corporation (NYSE: VLO) and Exxon Mobil Corp. (NYSE: XOM).

About Evolution Solar Corporation

Evolution Solar Corporation, (EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.

For more information, visit http://www.evolutionsolar.com.

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