Toledo Solar Inc. reached a settlement in the lawsuit First Solar filed against it in May 2023, pv magazine USA reported on October 2, 2023. First Solar had said Toledo Solar sold Malaysian-made First Solar modules under the Toledo name while claiming they were made in Ohio.
What First Solar alleged
- Toledo Solar falsely said it made the modules installed on the Ohio Governor’s mansion in Columbus.
- It falsely said those modules were made by Toledo Solar in Ohio.
- It advertised on social media that it made certain modules in Ohio.
The settlement
Terms are confidential. Toledo Solar named a new investor-led board, with lead investor Sean Fontenot as chairman and Tom Pratt as interim president. The company said it is recommitting to making thin-film cadmium telluride panels in Ohio.
“The recent First Solar complaint was a very concerning surprise.”
Sean Fontenot, Chairman, Toledo Solar
FAQ
What did First Solar claim?
That Toledo Solar sold Malaysian-made First Solar modules as its own Ohio-made panels.
Where were the panels installed?
Among other places, on the Ohio Governor’s mansion in Columbus.
What are the settlement terms?
They are confidential.
Source & credit
Source: pv magazine USA, October 2, 2023: “Toledo Solar and First Solar reach agreement in lawsuit”.