TEMPE, Ariz. - July 19, 2024 (Investorideas.com Newswire) First Solar, Inc. ("First Solar") (NASDAQ: FSLR) today announced its ownership of patents related to the manufacturing of Tunnel Oxide Passivated Contact ("TOPCon") crystalline-silicon ("c-Si") photovoltaic ("PV") solar cells. First Solar secured the U.S. patent and related international counterparts through its acquisition of TetraSun, Inc. ("TetraSun") and has initiated an investigation of several c-Si solar manufacturers for potential infringement of its patents. The patents include issued patents in the United States, Canada, Mexico, China, Malaysia, Vietnam, Japan, and Australia, among other jurisdictions, with validities extending to 2030. It also includes pending patent applications in the European Union and Japan. First Solar firmly believes in the value and strength of the patents and plans to conduct a thorough investigation of potentially infringing products.
First Solar acquired TetraSun and its intellectual property portfolio in 2013. Prior to its acquisition, the California-based startup had pioneered proprietary cell architecture and manufacturing processes for large-format crystalline silicon wafers.
"These patents are First Solar';s intellectual property, which we continue to leverage as part of ongoing efforts to develop the next generation of PV technologies," said Jason Dymbort, Executive Vice President, General Counsel and Secretary of First Solar. "While First Solar is a world leader in the development and commercialization of advanced thin film photovoltaics, our R&D and intellectual property portfolio spans several semiconductor platforms, including crystalline silicon, as we pursue multiple pathways towards our goal of developing the next transformative, disruptive solar technology."
Dymbort added, "We are investigating several leading crystalline silicon solar manufacturers for potential infringement of our patents. If infringement is discovered, we intend to challenge the ability of potential infringers to legally manufacture, assemble, and sell infringing TOPCon technology by pursuing enforcement, licensing, and/or other measures to safeguard our rights."
Press: Doreen Rietentiet, Tel: +4917621144095, dr@dwr-eco.com
About First Solar, Inc.
First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. Developed at R&D labs in California and Ohio, the company';s advanced thin film photovoltaic (PV) modulesrepresent the next generation of solar technologies, providing a competitive,high-performance, lower-carbon alternative to conventional crystalline siliconPV panels. From raw material sourcing and manufacturing through end-of-lifemodule recycling, First Solar';s approach to technology embodies sustainabilityand a responsibility towards people and the planet. For more information,please visit www.firstsolar.com.
Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking statementswhich are made pursuant to safe harbor provisions of the Private SecuritiesLitigation Reform Act of 1995. All statements in this release, other thanstatements of historical fact, are forward-looking statements. Theseforward-looking statements include, but are not limited to, statementsconcerning: our future plans and areas of focus in relation to patent rights, theperceived value of patent rights, our positioning to enforce patent rights, ourinvestigation of potential infringers, our intention to challenge the abilityof infringers to legally manufacture, assemble, and sell infringing TOPContechnology where our patent rights exist; and our intention to consider a rangeof options, including enforcement, licensing, and other potential means tosafeguard our rights. These forward-looking statements are oftencharacterized by the use of words such as "estimate," "expect," "anticipate,""project," "plan," "intend," "seek," "believe," "forecast," "foresee,""likely," "may," "should," "goal," "target," "might," "will," "could,""predict," "continue" and the negative or plural of these words and othercomparable terminology. Forward-looking statements are only predictions basedon our current expectations and projections about future events and thereforespeak only as of the date of this release. You should not place undue relianceon these forward-looking statements. We undertake no obligation to update anyof these forward-looking statements for any reason, whether as a result of newinformation, future developments or otherwise. These forward-looking statementsinvolve known and unknown risks, uncertainties, and other factors that maycause our actual results, levels of activity, performance, or achievements todiffer materially from those expressed or implied by these statements. Thesefactors include, but are not limited to, the results of our investigation ofpotential infringers, the costs and other impacts arising from any subsequentlitigation, the results of which are unpredictable; the validity and scope ofclaims relating to the patents; the potential for companies to develop andpatent technology designed to exclude our patented technology; and the mattersdiscussed under the captions "Risk Factors" and "Management';s Discussion andAnalysis of Financial Condition and Results of Operations" of First Solar';s mostrecent Annual Report on Form 10-K, as supplemented by First Solar';s otherfilings with the Securities and Exchange Commission.
More Info:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
