SolarEdge Files Patent Infringement Lawsuit Against Huawei and Distributor in Germany
June 18 2018 - 8:00AM
Business Wire
SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a
global leader in smart energy, announced today that it has filed a
lawsuit for patent infringement against Huawei Technologies Co.,
Ltd., a Chinese entity, Huawei Technologies Düsseldorf GmbH, a
German entity, and WATTKRAFT Solar GmbH, a German distributor for
Huawei.
The lawsuit, filed in the Regional Court of Mannheim in Germany,
one of the most pre-eminent German patent courts, asserts
unauthorized use of patented technology, which is prohibited by
law, and is intended to protect SolarEdge’s significant investment
in its innovative DC optimized inverter technology. Seeking
monetary damages, an injunction, and recall of infringing Huawei
inverters from the German market, the lawsuit is intended to
prevent the defendants from selling any multi-level inverters
infringing upon SolarEdge’s PV inverter technology protected in the
asserted patent in Germany.
“The success of the entire PV industry has been and continues to
be driven by innovative technology that makes PV energy more
affordable and ubiquitous. Such innovation requires significant
financial investment and years of dedication and hard work from
skilled R&D engineers. The PV industry cannot sustain such
efforts under the constant threat of, in our view, illegal use of
proprietary technology and we will not remain silent as our
intellectual property is exploited," stated Guy Sella, CEO,
Chairman, and Founder of SolarEdge. “SolarEdge’s patents and other
intellectual property are the result of our relentless pursuit of
innovation and commitment towards worldwide PV proliferation. In
order to protect our intellectual property, we are taking legal
action against Huawei and its distributor.”
As a global leader in smart energy technology with world-class
engineering capabilities, SolarEdge holds 126 awarded patents, 169
additional patent applications worldwide, and other extensive
intellectual property covering smart energy technology.
About SolarEdge:
SolarEdge is a global leader in smart energy technology. By
leveraging world-class engineering capabilities and with a
relentless focus on innovation, SolarEdge creates smart energy
solutions that power our lives and drive future progress. SolarEdge
developed an intelligent inverter solution that changed the way
power is harvested and managed in photovoltaic (PV) systems. The
SolarEdge DC optimized inverter seeks to maximize power generation
while lowering the cost of energy produced by the PV system.
Continuing to advance smart energy, SolarEdge addresses a broad
range of energy market segments through its PV, storage, EV
charging, UPS, and grid services solutions. SolarEdge is online at
http://www.solaredge.com
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SolarEdge TechnologiesDanya Golan, +972-52-6263348Senior
Director of Marketingdanya.golan@solaredge.comorSapphire Investor
Relations, LLCErica Mannion or Michael Funari+1
617-542-6180investors@solaredge.com
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