Solar manufacturer Trina Solar and Qcells parent Hanwha Solutions have reached a patent licensing and transfer agreement with each other over their respective intellectual property and settled their patent dispute, they said in a joint statement.
Qcells has heightened its commitment to the global solar supply chain as its parent company, Hanwha Solutions, increases investment in clean raw materials.
Hanwha Solutions is reportedly considering expanding its investment into US solar production if the newly agreed upon Inflation Reduction Act (IRA) is passed.
Hanwha Qcells’ power plant division Q ENERGY Europe has teamed up with newly rebranded Q ENERGY France to establish umbrella company Q ENERGY Solutions SE as it seeks to deepen its ties to the European market where it has a 12GW development portfolio.
Hanwha Solutions has an “ambitious plan” to revitalise US solar manufacturing increasing its stake in polysilicon producer REC Silicon, although it has called on the US to pass the Solar Energy Manufacturing Act (SEMA) to help support this.
Aker Horizons ASA has agreed to sell its remaining shares in Norwegian polysilicon REC Silicon to South Korean chemical company Hanwha Solutions Corporation in what Aker has said is a “major step in rebuilding the US solar supply chain”.
Renewables developer RES is targeting global growth for its development arm after completing the sale of its development and construction business in France to Hanwha Solutions.
Q CELLS is set to double its clean energy project pipeline in Europe to around 10GW as its parent company secures a deal to acquire a French renewables development and construction business owned by the RES Group.
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
