First Solar sues Adani Group firm over alleged patent infringement
Author: PPD Team Date: August 14, 2025
Author: PPD Team Date: August 14, 2025
US solar cell manufacturer First Solar has filed a lawsuit against Adani Group’s Mundra Solar PV Ltd (MSPVL) in a Delaware court, alleging infringement of two patented solar panel manufacturing technologies. The company has sought compensation but has not disclosed the amount.
According to Mint, First Solar contacted the Adani Group on April 1, claiming the technologies had been copied. MSPVL denied the allegations and, on April 15, asked the court to rule that it had not violated patent laws. The firm argued that its production process is different from First Solar’s, citing variations such as heat treatment methods.
On August 1, First Solar reaffirmed its claims. The US company has also pursued similar patent cases against several Chinese solar manufacturers.
The dispute comes as the US market accounts for about half of MSPVL’s business. The case also follows unrelated legal action by the US Securities and Exchange Commission and Department of Justice against Gautam Adani and Sagar Adani over alleged bribery, which the group has denied.
Author: PPD Team Date: December 12, 2024 Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion. The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the company’s voting rights and has offered to buy ReNew’s shares at $7.07 each. The offer represents an 11.5% premium on ReNew’s closing price of $6.34 on December 10, 2024. Following…
Author: PPD Team Date: December 31, 2024 Denmark’s Vestas has secured an order to supply 21 V236-15.0 MW turbines for the 315 MW Oga Katagami Akita Offshore Wind Project in Japan’s Akita Prefecture. The deal includes a long-term service agreement to optimise turbine performance. This marks Vestas’ first firm order for its V236-15.0 MW turbine in the Asia-Pacific region and its first project under Japan’s offshore wind auctions based on the Renewable Energy Sea Area…
Author: PPD Team Date: September 24, 2025 Waaree Power Private Limited, a subsidiary of Waaree Energies Limited, has approved the acquisition of a 76 per cent equity stake in Racemosa Energy (India) Private Limited. The deal is subject to definitive agreements, regulatory clearances, and standard closing conditions. Racemosa Energy, incorporated in 2018 in Maharashtra, manufactures smart meters. Waaree Energies stated that the acquisition will help integrate smart metering into its portfolio and broaden its presence…
Author: PPD Team Date: January 12, 2026 Saatvik Green Energy Limited has informed the stock exchanges that its subsidiaries have received and accepted two new domestic orders covering engineering, procurement, and construction services and solar module supply. In the first order, the company’s wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, has secured a turnkey engineering, procurement, and construction (EPC) contract valued at Rs 20.84 crore. A domestic solar developer has awarded the order and…
Author: PPD Team Date: December 19, 2024 Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia. The site, owned by Dominion Energy Virginia, was chosen after a global search for the location of the first commercial fusion plant. CFS has entered into a non-financial collaboration with Dominion Energy Virginia, which includes development support, technical expertise, and…
Author: PPD Team Date: November 14, 2024 esVolta has obtained a $110 million tax equity investment from Greenprint Capital Management to fund its 300 MWh Hummingbird battery energy storage project in San Jose, California. Set for completion in 2025, the project will provide Pacific Gas & Electric with resource adequacy capacity under a long-term contract and deliver fast-response energy and ancillary services to the California Independent System Operator (CAISO) market. These services are essential for…