First Solar Strengthens Patent Holdings and Investigates Potential Infringement
TEMPE, Ariz. - In a recent press release, First Solar, Inc. (NASDAQ: FSLR), a leading American solar technology company, announced its ownership of patents related to the manufacturing of Tunnel Oxide Passivated Contact (TOPCon) crystalline-silicon (c-Si) photovoltaic (PV) solar cells. These patents were acquired through the company’s purchase of TetraSun, Inc. (TetraSun), a provider of high-performance solar cells and modules.
The acquisition of TetraSun and the subsequent ownership of TOPCon technology patents solidify First Solar’s position as an industry leader in solar energy research and development. TOPCon technology is known for its ability to enhance c-Si PV solar cells, increasing their efficiency and performance. This advancement signifies a significant breakthrough for First Solar, enabling them to offer cutting-edge solar solutions that surpass traditional limits.
First Solar wasted no time in protecting its newly acquired patents and has initiated an investigation into several c-Si solar manufacturers for potential infringement. The company is determined to safeguard its intellectual property and ensure fair competition within the solar energy sector. This move showcases First Solar’s commitment to promoting innovation and advancing sustainable energy solutions.
This latest development comes on the heels of another significant achievement for First Solar. The company recently announced a partnership with MN8 Energy LLC (MN8), also known as Goldman Sachs Renewable Power, for the delivery of advanced thin film solar modules. MN8 has placed orders for a total of 457 megawatts (MW) of solar modules, including 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules. These modules will power various projects in the northeastern and southern regions of the United States.
MN8’s decision to choose First Solar as its solar module provider further solidifies First Solar’s credibility and expertise in the industry. With a 3.2 gigawatt (GW) portfolio, MN8 is a reputable player in the renewable energy field, and their partnership with First Solar speaks volumes about the company’s trust in its technology.
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