The companies agreed to end “all ongoing patent-related legal proceedings worldwide”, and enter into a “commercial arrangement that includes a cross-licensing agreement covering selected core patents owned by each party.”While neither company provided more details on this licensing agreement, such arrangements have become increasingly common this year. In February, US cell manufacturer Talon PV signed a licensing agreement with First Solar, while Chinese giant Trinasolar signed a TOPCon licensing agreement with French startup Holosolis to permit the latter to use its cell technology to support a new European module manufacturing line. “This settlement and patent licensing underscore both companies’ commitment to respecting intellectual property and pursuing win-win cooperation, setting a benchmark for long-term, sustainable IP partnerships in the solar industry,” Jinko and LONGi said in their statement. The news follows the publication of the financial results of many leading Chinese companies, which made for ominous reading. Jinko and LONGi, alongside Trina Solar and JA Solar, collectively posted losses of nearly US$1.54 billion in the first half of the year, two and a half times worse losses than were endured in the first half of 2024.