Floating photo voltaic specialists Ocean Solar and Inseanergy have been concerned in a patent dispute over Ocean Solar’s floating photo voltaic construction since August 2022. The businesses immediately introduced a settlement, with “constructive outcomes ” for each events.
Norway-based floating photo voltaic developer Ocean Solar and Inseanergy have settled a patent dispute over Ocean Solar’s floating photo voltaic construction.
In August 2022, Ocean Solar initiated authorized proceedings in Norway in opposition to Inseanergy, claiming that the latter’s floating photo voltaic answer infringed patent rights. Inseanergy disputed the infringement declare and filed a counterclaim to revoke Ocean Solar’s patent. As well as, Inseanergy filed a discover of opposition with the European Patent Workplace in opposition to the validity of Ocean Solar’s European Patent.
The lawsuit is scheduled to be heard on the Oslo District Courtroom from March 13 to March 16. Nevertheless, based on an announcement from Ocean Solar, “the events have now reached a settlement settlement, after which the events entered right into a license settlement on business phrases.”
The settlement reportedly pertains to the patent in dispute in addition to different associated patents and patent functions. Ocean Solar stated the settlement covers all jurisdictions the place the patents are enforced or the place the applying has been submitted.
“Inseanergy acknowledges Ocean Solar’s patent rights, whereas the settlement additionally ensures Inseanergy’s full freedom to function,” the assertion learn.
Inseanergy additionally reportedly agreed to withdraw its discover of opposition to the European Patent Workplace as a part of the deal.
“Ocean Solar and Inseanergy are happy to have resolved this matter with a constructive consequence for each events and stay up for persevering with their respective efforts to develop floating solar energy,” the businesses stated.
Ocean Solar know-how has been deployed in varied floating photo voltaic initiatives, together with the biggest floating photo voltaic set up in Albania, which was just lately upgraded from 500 kW to 2 MW.
Inseanergy’s portfolio contains two aquaculture initiatives with a mixed capability of 450 kW, deploying what the corporate beforehand referred to as the SUB Photo voltaic system.
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