US-based solar module technology firm Solaria Corporation, which filed suit against GCL Solar Energy, Inc., a subsidiary of GCL-Poly Energy Holdings as well as Seraphim Solar System Co. Ltd due to claims of IP theft and breaches of Non-Disclosure Agreements has settled the litigation with GCL-Poly.
GCL-Poly said in a statement that the litigation, which started in September, 2016 had been resolved on mutually agreeable terms but the details of the agreement would remain confidential.
The case against China-based Seraphim Solar System, which was claimed to have gained access to Solaria’s technology via a third party from GCL-Poly does not yet seem to have been resolved.
Both GCL and Seraphim had publically launched new modules in the last two years that were claimed to have used Solaria’s technology.
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