First Solar, CubicPV Enter into US Patent Licensing Agreement
Business Wire•29/10/2026•16:01 ET
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Key Highlights
- ➤First Solar (FSLR) signs non-exclusive US patent license with CubicPV
- ➤Agreement grants access to CubicPV’s issued and pending perovskite patents
- ➤First Solar’s Ohio perovskite pilot line expected operational in first half of 2027
- ➤First Solar expects approximately 17 GW of US module capacity by 2027
- ➤First Solar expects over $5 billion invested in US manufacturing and R&D by end-2026
Expert Statements
Mark Widmar, Chief executive officer, First Solar
“Commercializing the next generation of PV takes two things. It takes the technology development and manufacturing scaling work our R&D teams are focused on, and it takes freedom to operate, which is what this agreement helps secure,”
Mark Widmar, Chief executive officer, First Solar
“We’ve always believed intellectual property rights should be respected, and this is consistent with that. This is a new semiconductor technology with real disruptive potential, and we want to get it right.”
Tim McCaffery, Chief executive officer, CubicPV
“Access to intellectual property is vital as the industry begins commercializing perovskite and tandem technologies. First Solar’s decision to license our IP is evidence of that shift and shows the relevance of our IP portfolio to the perovskite ecosystem.”
First Solar, CubicPV Enter into US Patent Licensing Agreement
Agreement expands First Solar's freedom to operate as it progresses perovskite device development
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