Maxeon Photo voltaic Applied sciences and Tongwei have resolved a global patent conflict concerning shingled solar cell and module technologies, bringing an end to the litigation initiated by Maxeon in Germany in 2023.
Maxeon Photo voltaic Applied sciences has finalized a worldwide agreement with Tongwei, settling a patent contention regarding shingled solar cell and module technologies. Commencing November 30, 2024, this agreement concludes the legal proceedings that Maxeon launched in June 2023 in Germany’s Düsseldorf District Court, where it accused Tongwei of infringing upon European Patent No. EP3522045 B1. Maxeon employs this technology in its Performance Line solar modules, which were developed from intellectual property acquired during its 2020 separation from SunPower. This resolution signifies the end of the legal conflict between the rival solar enterprises.
Jingyuntong (JYT) announced that it has completed the primary framework construction of its 22GW high-efficiency monocrystalline silicon rod and wafer production project in Leshan, Sichuan Province. Core manufacturing equipment has been installed and is now operational. However, the company has indicated that the exact production timeline for the project remains uncertain due to ongoing market conditions and industry transformations. The company will evaluate the situation and modify the construction and production strategies as necessary.
Longi has laid out its intentions to decrease the costs of its BC (Back Contact) solar cell product by the year 2025. The company anticipates achieving cost reductions through three main approaches: enhancing cell conversion efficiency, increasing the production of HPBC2.0 cells, and advancing manufacturing processes. Currently, LONGi’s Hello-MO X10 utilizes HPBC2.0 cells with a production efficiency surpassing 26.6%. The company expects additional efficiency gains and cost reductions as it scales up production and embraces innovative strategies, including silver reduction and silver-free metallization.
Cloud Live Tech Group (CLTG) has signed a memorandum of agreement with the Jiangsu Provincial Power Design Institute to develop a 1 GW solar project in Yancheng, Jiangsu. Under the terms of the agreement, CLTG will be awarded project registration for the 1 GW solar farm, intending to implement it by the year 2025. According to the agreement’s terms, CLTG will prioritize Jiangsu Power Design Institute as the EPC contractor, and the institute has consented to supply CLTG’s solar modules for the project, provided that legal, market, and technical conditions are fulfilled.
Risen has unveiled plans to issue offshore bonds worth up to €500 million (or equivalent foreign currency) to finance its business expansion and diversify its funding sources. The bonds, having a term of no more than five years, have been authorized by the company’s board and will soon be presented for shareholder approval. This bond issuance is part of Risen’s strategy to bolster its capital foundation and support its growth in the global solar marketplace.
GCL New Energy, a subsidiary of GCL-Poly Energy, has agreed to divest its interest in eight photovoltaic facilities located in North Carolina to Wilson Solar for approximately HK$107 million. The facilities, with a combined capacity of about 83 MW, form part of GCL’s strategy to streamline its asset portfolio and focus on its primary operations. This transaction emphasizes the increasing international footprint of Chinese solar firms, as they progressively divest non-core assets to fortify their financial standings.
Golden Solar New Energy has stated its intention to reallocate the remaining proceeds from a placement made in 2022. The remaining funds amount to CNY 30.98 billion and will be utilized for general working capital, primarily for research and development expenses, business expansion, manufacturing overheads, as well as general and administrative costs. Golden Solar, which has been developing a cast-mono heterojunction photovoltaic cell and module manufacturing enterprise, aims to adopt an asset-light model, meaning a sales-based licensing of its intellectual property related to its hybrid passivation back contact (HBC) technology, which reportedly achieves a maximum conversion efficiency exceeding 27%. The company indicated that it already has a joint venture with LONGi Solar Technology and JP-Solar Power (Fujian) Company for HBC technology, alongside another collaboration with a “leading domestic photovoltaic” company. The organization noted that there are no material changes to its existing business and operations. It envisions the asset-light business model providing a “stable income source and higher profit margins compared to traditional manufacturing operations.”
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