JinkoSolar and LONGi Green Energy Settle Patent Disputes, Paving the Way for Industry-Wide Innovation

As the photovoltaic industry shifts from price-driven competition to a high-quality growth fueled by technological innovation, leading enterprises JinkoSolar and LONGi Green Energy have reached a settlement agreement regarding ongoing patent disputes and related legal matters worldwide. This agreement marks a significant milestone in the industry, as both companies have agreed to terminate all ongoing patent-related legal proceedings worldwide and enter into a commercial arrangement that includes a cross-licensing agreement covering selected core patents owned by each party.

Key Takeaways:

  • JinkoSolar and LONGi Green Energy have reached a settlement agreement regarding ongoing patent disputes and related legal matters worldwide.
  • The agreement includes the termination of all ongoing patent-related legal proceedings worldwide and a cross-licensing agreement covering selected core patents owned by each party.
  • The agreement is expected to encourage greater investment in R&D across the PV sector, fostering a virtuous cycle of competition and building a healthy and orderly intellectual property ecosystem.
  • JinkoSolar has announced plans to invest in cutting-edge technologies, accelerate commercialization and practical applications, and explore opportunities for deeper cooperation with LONGi Green Energy.
  • The two companies have a shared commitment to respecting intellectual property and pursuing win-win cooperation, setting a benchmark for long-term, sustainable IP partnerships in the solar industry.
  • JinkoSolar has a global production capacity of 14 production bases in China, the United States, Malaysia, and Vietnam, with plans to reach 75.0 GW of mono wafer, 75.0 GW of solar cell, and 90.0 GW of solar module production capacity by the end of 2023.

Statistics:

  • JinkoSolar has served more than 3,000 customers in over 160 countries and regions around the world.
  • The company has ranked No.1 in global module shipments from 2016 to 2019.
  • JinkoSolar has a total of 1,000 R&D and technical employees.
  • The company has won many honors such as "National Enterprise Technology Center", "National Technology Innovation Demonstration Enterprise", and "Champion of Manufacturing".
  • JinkoSolar has formulated many international and domestic industry standards such as IEC.

Sources:

  • JinkoSolar Holding Company Limited (Original Press Release)
  • [Note: No additional sources cited; all information is based on the original press release provided.]