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Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced that it has initiated a patent infringement lawsuit in the Eastern District of Texas against REC Solar Holdings AS, alleging its infringement of Maxeon patents relating to TOPCon (Tunnel Oxide Passivated Contact) solar cell technology.
Maxeon has a global patent portfolio of over 1,650 granted patents and more than 330 pending patent applications protecting the innovations underpinning its IBC (Interdigitated Back Contact), Shingled Hypercell, and TOPCon technologies.
"Intellectual property infringement sits alongside injurious dumping and subsidy-driven excess global production capacity as an unfair trade practice that distorts markets and tilts what should be a level playing field for global solar manufacturing," said Marc Robinson, Maxeon's Associate General Counsel. "Maxeon strongly supports fair competition and will continue to vigorously enforce the Company's patent rights in the United States and its other markets."
Posted In: MAXN
