An employee of a solar company based in western Sydney has been charged after allegedly stealing, and then selling, $1.2 million worth of solar panels.
Adani Green Energy Ltd has clarified that its directors, namely, Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with violations of the U.S. Foreign Corrupt Practices Act (FCPA) in the indictment by US prosecutors in an alleged solar-related bribery case.
The Adani Group has termed the US allegations of bribery for solar contracts ‘baseless’ and added that it will seek all possible legal recourse.
Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
India’s Directorate General of Trade Remedies (DGTR) has recommended an anti-dumping duty on solar glass imports from China and Vietnam after its investigation concluded that imports from these countries are undercutting the prices of the domestic industry. The landed value of the imports is below the selling price as well as the cost of the domestic industry.
In a stock exchange filing later today, Reliance Power said it will take all legal steps to challenge SECI’s action that bars the company from participation in future government tenders for three years.
The debarment follows the submission of a fake document by Reliance Power’s arm Maharashtra Energy Generation Ltd (the ‘bidder’), now known as Reliance NU BESS Ltd, in response to SECI’s tender for setting up 1 GW/2 GWh of standalone battery energy storage (BESS) projects.
The U.S. solar panel manufacturer has sent letters to Longi, Trina Solar, Jinko Solar, JA Solar and Canadian Solar saying it believes the companies are infringing on its patents.
Lawyers are doing brisk business as tunnel oxide passivated contact (TOPCon) solar technology moves into the mainstream. A series of patent infringement cases have been launched in the United States and Europe and their impacts are reverberating through the marketplace. How likely is it that winners will emerge?
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