Benzinga | Sep 25, 2020 07:05AM EDT

Canadian Solar Issues Statement On ITC Complaint Filed By Solaria Corporation

From Co. PR:



GUELPH, ON, Sept. 25, 2020 /PRNewswire/ -- Canadian Solar Inc.(the "Company", or "Canadian Solar") (NASDAQ:CSIQ), today issued the following comment:

Over the past five months, Canadian Solar has been vigorously litigating a patent lawsuit filed by Solaria in April 2020 in the U.S. District Court in Oakland, California, entitled The Solaria Corporation v. Canadian Solar Inc., Case No. 4:20-cv-02169-JST (N.D. Cal.).Canadian Solar countersued with claims requesting that the Court declare, as Canadian Solar believes, that:

(1) none of the products at issue in the case infringe the Solaria patents;

(2) Solaria withheld key evidence from the U.S. Patent Office when seeking its patents; and

(3) this, among other reasons, renders the asserted claims both invalid and unenforceable.

In the face of Canadian Solar's countersuit, Solaria opted to file a new lawsuit with the U.S. International Trade Commission(ITC), entitled Certain Shingled Solar Modules, Components Thereof, and Methods for Manufacturing the Same, Section 337 Investigation Docket No. 3491. The ITC investigation is expected to be instituted next month.

Asserting the same family of patents against the same limited number of products (HiDM and HiDM5) in a different forum does not make Solaria's claims any less flawed.Canadian Solar will continue to vigorously defend these lawsuits, while the Company continues to focus its energy on developing superior product and bringing innovation to the market.