Maxeon Photo voltaic Applied sciences and Tongwei have settled a worldwide patent dispute over shingled photo voltaic cell and module applied sciences, ending litigation initiated by Maxeon in Germany in 2023.
Maxeon Photo voltaic Applied sciences has reached a worldwide settlement with Tongwei, resolving a patent dispute over shingled photo voltaic cell and module applied sciences. Efficient Nov. 30, 2024, the settlement ends June 2023 litigation that Maxeon initiated in Germany’s Düsseldorf District Court docket, the place it accused Tongwei of infringing European Patent No. EP3522045 B1. Maxeon makes use of the expertise in its Efficiency Line photo voltaic modules, developed from mental property acquired throughout its 2020 spinoff from SunPower. The settlement concludes the authorized battle between the photo voltaic business rivals.
Jingyuntong (JYT) introduced that it has accomplished the principle framework development of its 22GW high-efficiency monocrystalline silicon rod and wafer manufacturing venture in Leshan, Sichuan Province. Core manufacturing gear has been put in and is now operational. Nevertheless, the corporate has indicated that the precise manufacturing schedule for the venture stays unsure because of ongoing market situations and business shifts. The corporate will assess the scenario and regulate the development and manufacturing plans accordingly.
Longi has outlined its plans to cut back the prices of its BC (Again Contact) photo voltaic cell product by 2025. The corporate expects to attain price reductions via three key methods: bettering cell conversion effectivity, scaling up the manufacturing of HPBC2.0 cells, and advancing manufacturing processes. Presently, LONGi’s Hello-MO X10 makes use of HPBC2.0 cells with a manufacturing effectivity exceeding 26.6%. The corporate anticipates additional effectivity beneficial properties and price reductions because it ramps up manufacturing and adopts revolutionary methods, akin to silver discount and silver-free metallization.
Cloud Reside Tech Group (CLTG) has signed a memorandum of understanding with the Jiangsu Provincial Energy Design Institute to develop a 1 GW photo voltaic venture in Yancheng, Jiangsu. As a part of the settlement, CLTG will probably be granted venture registration for the 1 GW photo voltaic farm, with plans to implement it by 2025. Underneath the phrases of the settlement, CLTG will prioritize Jiangsu Energy Design Institute because the EPC contractor, and the institute has agreed to supply CLTG’s photo voltaic modules for the venture, offered authorized, market, and technical situations are met.
Risen has introduced plans to situation offshore bonds price as much as €500 million (or equal overseas foreign money) to fund its enterprise enlargement and diversify its financing channels. The bonds, with a time period of not more than 5 years, have been accredited by the corporate’s board and can quickly be submitted for approval by its shareholders. This bond issuance is a part of Risen’s technique to strengthen its capital base and assist its development within the world photo voltaic market.
GCL New Vitality, a subsidiary of GCL-Poly Vitality, has agreed to promote its stake in eight photovoltaic services situated in North Carolina to Wilson Photo voltaic for roughly HK$107 million. The services, with a mixed capability of about 83 MW, symbolize a part of GCL’s technique to streamline its asset portfolio and concentrate on its core operations. This transaction highlights the rising worldwide presence of Chinese language photo voltaic corporations, as they more and more divest non-core belongings to strengthen their monetary positions.
Golden Photo voltaic New Vitality has stated that it’s going to reallocate the remaining proceeds from a placement in 2022. The remaining quantity is CNY 30.98 billion for use normal working capital, primarily for analysis and improvement bills, enterprise enlargement, manufacturing overheads, in addition to normal and administrative bills. Golden Photo voltaic, which been creating a cast-mono heterojunction photovoltaic cell and module manufacturing enterprise, plans to an asset mild mannequin, that’s, a sales-based licensing of its mental property associated to its hybrid passivation again contact (HBC) expertise, which reportedly has a most conversion effectivity exceeding 27%. It famous that it already has a three way partnership with LONGi Photo voltaic Expertise and JP-Photo voltaic Energy (Fujian) Firm for HBC expertise and one different cooperation with a “main home photovoltaic” firm. The group stated that there is no such thing as a materials change to the prevailing enterprise and operation. It sees the asset mild enterprise mannequin offering a “secure earnings supply and better revenue margins in comparison with conventional manufacturing operations.”
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