Solaria has entered into a strategic cooperation agreement with Jiangsu Seraphim Solar. Pursuant to the agreement, both companies will work together to develop advanced photovoltaic manufacturing technologies and implement these technologies for mass production.
“Key energy industry players recognize the technology advancements that Solaria has commercialized with its high performance PowerXT module series and its solar shingling products,” said Solaria CEO Suvi Sharma. “Seraphim is the ideal partner for the joint development of new solar technologies and helping us realize those technologies into mass production. Through economies of scale, we expect to not only bring down the overall cost of the module itself, but also enhance the performance and profitability of solar power systems.”
“Seraphim is thrilled to reach such collaboration agreement with Solaria, which will further strengthen Seraphim’s leadership position for high-efficiency modules globally,” said Polaris Li, CEO of Jiangsu Seraphim Solar. “This agreement is a strong commitment from both parties to bring shingling technology to full mass production and make it a mainstream technology for the solar industry.”
Just last year, Solaria sued Seraphim Solar for misappropriation of Solaria’s trade secrets regarding its high-efficiency solar panel technology. Solaria claimed that Seraphim used Solaria’s technology to make Seraphim-branded modules without Solaria’s consent.
Now the two companies are working together.