SolarWorld to appeal court ruling in $793 million dispute

first_imgSolarWorld to appeal court ruling in $793 million disputeA U.S. court has granted Hemlock’s hefty claim against the leading solar PV company, which remains confident that enforcement of the lawusuit will fail in Germany. July 27, 2016 pv magazine Manufacturing Markets Markets & Policy Share German PV giant SolarWorld AG said Wednesday that it would appeal a decision on Tuesday by a U.S. judge to grant Hemlock Semiconductor Corp.’s claim for damages amounting to $793 million in the first instance.The legal dispute between Hemlock and SolarWorld subsidiary SolarWorld Industries Sachsen GmbH stems from a silicon supply deal that went south after silicon prices plummeted.SolarWorld said the unit would appeal the judgment at the U.S. Intermediate Court of Appeals, adding that it expected proceedings to last about a year.“Inspite of this judgment in the first instance, SolarWorld AG continues to assume that Hemlock will not be able to enforce any claims in Germany,” the company said.SolarWorld maintains that there are anti-trust concerns under EU law “regarding the effectiveness of the underlying supply contracts.”Popular content ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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