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First Solar Drops ITC Patent Case, Targets Rivals in Court

First Solar Drops ITC Patent Case, Targets Rivals in Court
First Solar drops ITC patent case, shifts focus to lawsuits against rivals · livemint.com

First Solar makes solar panels using cadmium telluride, while TOPCon is a different solar technology based on silicon.

First Solar owns patents related to TOPCon because it bought a company called TetraSun in 2013.

It had accused several solar companies of possibly using its patented technology without permission.

The company is now dropping that complaint at the U.S. International Trade Commission.

However, it still plans to pursue similar patent cases in federal court.

The cases involve companies connected to Canadian Solar, Jinko Solar, T1 Energy and Trina Solar.

First Solar said new U.S. trade measures helped lead to its decision.

T1 Energy welcomed the withdrawal and said it would defend itself against any remaining claims.

Investors reacted negatively, sending First Solar’s shares down about 5%.

Key facts

Company
First Solar, a Phoenix-based U.S. solar-panel maker.
Withdrawn action
A Section 337 patent-infringement complaint before the U.S. International Trade Commission.
Remaining litigation
Federal lawsuits against affiliates of Canadian Solar, Jinko Solar, T1 Energy and Trina Solar.
Technology
TOPCon, short for tunnel oxide passivated contact, a high-efficiency crystalline silicon solar-cell technology.
Patent origin
First Solar acquired the TOPCon patents through its 2013 purchase of TetraSun.
Company technology
First Solar makes cadmium telluride panels rather than silicon-based products.
Market reaction
First Solar shares fell about 5% and reached a roughly five-month low.

Quotes

Russell Gold

Spokesperson for T1 Energy

“We are pleased that First Solar voluntarily withdrew what we believe was a flawed Sec. 337 complaint that would have slowed needed energy production at a time when the United States needs all the affordable electricity we can produce.”
livemint.com
“T1 Energy is the only American company that both owns patents to high efficiency TOPCon solar and currently manufactures TOPCon solar modules.”
livemint.com

Sources

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