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Stock impact report

Canadian Solar denies patent infringement claims filed by Maxeon [Reuters]

Maxeon Solar Technologies, Ltd. - Ordinary Shares (MAXN) 
Company Research Source: Reuters
patent infringement by Singapore-based Maxeon Solar (MAXN.O) , opens new tab related to TOPCon solar cell technology. Earlier this week, Maxeon filed a lawsuit against Canadian Solar in the Eastern District of Texas, alleging infringement of Maxeon's patents. Canadian Solar said its "preliminary assessment is that the claims in the complaint are entirely without merit." It added that it intended to defend itself against Maxeon's claims. Maxeon, which designs and manufactures solar panels, had filed two lawsuits against Aiko Energy (600732.SS) , opens new tab last year for infringement of two separate design patents. Maxeon did not immediately respond to a Reuters request for comment. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Reporting by Vallari Srivastava in Bengaluru; Editing by Shailesh Kuber Our Standards: The Thomson Reuters Trust Principles. , opens new tab Show less Read more
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