ITC Accepts Ampt’s Complaint to Investigate Importation of Infringing SolarEdge Products

Rhea-AI Summary

Ampt LLC announced that the U.S. International Trade Commission (ITC) has launched an investigation into SolarEdge Technologies (NASDAQ: SEDG) based on allegations of patent infringement. The investigation stems from Ampt's complaint requesting a ban on the import and sale of SolarEdge's power systems and components that violate Ampt’s patents. The involved products include power optimizers and inverters. Ampt aims for a decision by the end of 2023. Additionally, Ampt filed a patent infringement lawsuit in Delaware, seeking substantial damages and an injunction.

Positive

• ITC investigation could lead to a favorable ruling for Ampt, enhancing their market position.
• Potential ban on SolarEdge's infringing products may benefit Ampt's competitive edge in the market.

Negative

• SolarEdge may face supply chain disruptions if the ITC rules against them.
• The ongoing legal battles could divert resources and focus away from business expansion for SolarEdge.

FORT COLLINS, Colo.--(BUSINESS WIRE)-- Ampt LLC, the world’s leading provider of power optimizers for large-scale photovoltaic (“PV”) systems, today welcomed the announcement that the U.S. International Trade Commission (“ITC”) has instituted an investigation into SolarEdge Technologies, Inc. (NASDAQ: SEDG). The ITC’s decision is based on a complaint filed by Ampt requesting that the ITC ban the import of SolarEdge power systems and components that infringe two of Ampt’s patents. Ampt also seeks a ban on the sale of infringing products in the U.S. after they are imported.

The ITC is an independent federal agency that protects U.S. companies and industries from unfair trade practices and violation of intellectual property rights.

According to the complaint, the infringing products include SolarEdge power optimizers for solar panels, inverters for solar power systems and solar power systems using both. Ampt anticipates that the ITC investigation will proceed during the coming months and expects a decision in 2023.

“We appreciate the Commission’s decision to investigate SolarEdge’s unlawful use of our proprietary technology without asking our permission or compensating us,” said Levent Gun, Ampt’s Chief Executive Officer. “Today marks the first step towards ensuring fair competition in the United States, and stopping SolarEdge from violating our hard-earned, patented technology.”

In addition to the complaint filed with the ITC, Ampt simultaneously filed a similar patent infringement action involving claims from eight of Ampt’s US patents in the U.S. District Court in Delaware against SolarEdge seeking a finding of patent infringement, substantial monetary damages and an injunction.

Ampt is represented by Scott Bornstein, Nick Brown, Vivian Kuo and Cyrus Frelinghuysen of Greenberg Traurig, LLP.

About Ampt

Ampt delivers innovative power conversion and communication technology that is used to lower the cost and improve performance of new PV systems, repower existing systems, and enable lower cost DC coupled storage. With installations and experience serving markets around the world, Ampt is the number one power optimizer company for large-scale systems. The company is headquartered in Fort Collins, Colorado and has sales and support locations in North America, Europe, and Japan, as well as representation in Asia, Australia, and the Middle East. For more information, visit www.ampt.com and follow Ampt@LinkedIn.

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FGS Global

Ampt-FGS@fgsglobal.com

Source: Ampt LLC

FAQ

What is the current status of the ITC investigation involving SolarEdge Technologies?

The ITC has initiated an investigation into SolarEdge based on Ampt LLC's complaint regarding patent infringement.

What products are included in Ampt's complaint against SolarEdge?

Ampt's complaint against SolarEdge includes power optimizers, inverters, and solar power systems that are allegedly infringing their patents.

What are the potential outcomes of the ITC investigation for SolarEdge?

If the ITC rules against SolarEdge, it may lead to a ban on importing and selling infringing products in the U.S.

When does Ampt expect a decision from the ITC investigation?

Ampt anticipates a decision from the ITC investigation by the end of 2023.

What legal actions has Ampt taken against SolarEdge aside from the ITC investigation?

Ampt has filed a patent infringement lawsuit against SolarEdge in the U.S. District Court in Delaware, seeking monetary damages and an injunction.