New Energy Micro News learned that recently, Trina Solar and its South Korean rival Hanwha Qcells have reached a settlement over a patent dispute filed by a Chinese module maker in January.
In addition, the two companies said in a joint statement that they had reached a patent license and transfer agreement on intellectual property rights. The agreement allows the two companies to use each other's solar patents and waive all pending cases between them, and will continue to provide and support their products in various markets to meet customer needs, the statement said. In late October
2022, Hanwha Solutions filed an application for a preliminary injunction claiming that Trina Solar (Germany) improperly sold solar modules in the German market. Said Trina Solar's panels infringed on a patent for its proprietary Q. ANTUM passivation technology, which is said to play a key role in improving the performance of silicon-based solar cells. In December
2022, a German court issued a preliminary injunction ordering Trina Solar to stop selling its Honey and Vertex X solar modules in Germany because of alleged infringement of Hanwha Qcells' patented passivation technology. In January
2023, as a countermeasure, Trina Solar launched a patent infringement lawsuit against Hanwha Qcells'Chinese subsidiary Hanhua New Energy (Qidong) Co., Ltd. It said the South Korean company's illegal export and sale of solar modules violated patents granted to Chinese manufacturers by China's State Intellectual Property Office in 2016. The alleged infringing products include Q. PEAK DUO BLK M-G11a +, Q. PEAK DUO M-G11 and other key products produced in China and sold globally, involving commonly used core battery technology.
If Trina Solar succeeds in proving its claims in China, Hanwha Qcells could be banned from manufacturing and selling infringing products in China and other countries, and could face significant damages for past production and sales. In less than
a month, Han Hua has given up his response and fight.
Trina Solar is steadily exploring overseas markets
, and the farce of Hanwha has not disrupted Trina Solar's layout in overseas markets. According to the New Energy Micro News, after the German court issued a preliminary injunction, Trina Solar has suspended the shipment of components using "PERC batteries" in Germany, and is making every effort to increase the production of TOPCon products and deliver replacements to avoid the impact of litigation.
Data show that Trina Solar's products have covered more than 100 countries and regions around the world . The company has regional headquarters in Zurich, Switzerland, Fremont, Miami, Dubai, United Arab Emirates, Singapore and Tokyo, Japan, and global marketing and service centers in Australia, Korea, India, United Arab Emirates, Turkey, Italy, Germany, Spain, the United Kingdom, South Africa, Brazil, Chile, Colombia and Mexico.
At this stage, Trina Solar's cell production capacity is located in Thailand and Vietnam, totaling more than 6GW; module production capacity is located in Thailand and Vietnam, totaling more than 6GW, of which Vietnam's production capacity is as high as 5GW . The landing of the
silicon wafer factory will directly help it achieve vertical integration in Vietnam and further benefit Trina Solar's overseas exports .
Industry professionals say that Trina Solar's move to build a silicon wafer factory in Vietnam may be aimed at future changes in overseas double-negative policies.
In 2021, for example, the U.S. market brought 4.689 billion yuan to Trina Solar, accounting for 10.54% of Trina Solar's total revenue.
On February 24 , Trina Solar also disclosed its annual performance report for 2022, with a total annual operating income of 85.248 billion yuan . Year-on-year growth of 91.65% .
Trina Solar said that under the guidance of the global and domestic "carbon neutrality" policy, the company continued to play a global brand and channel advantages, and the business of photovoltaic products developed rapidly.
In addition, the Company's ability to cope with the complex environment was further strengthened. Through effective control of comprehensive costs such as raw material costs and shipping costs , the market demand and profitability of the Company's photovoltaic products were further enhanced.
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