ABB_id1481
in News Departments > New & Noteworthy
print the content item

Thin-film PV manufacturer Solyndra, which went through a highly publicized bankruptcy more than a year ago, has filed suit against Suntech Power Holdings Co.

According to Bloomberg, Solyndra is seeking compensation from Suntech - as well as from China's energy administration, Chinese banks and Chinese polysilicon manufacturers - for what it believes are losses caused by the Chinese companies' "illegal cartel."

Chinese solar manufacturers Trina and Yingli are also named in the complaint for allegedly raising money from U.S. investors while harming their American competitors.

In the suit, Solyndra says that the Chinese companies destroyed Solyndra's business by flooding the U.S. solar market with low-cost modules, thus causing the industry-wide drop in module prices. Suntech, its raw materials suppliers and its lenders are accused of conspiring with each other to harm U.S. solar manufacturers.

These claims are not unprecedented: During the ongoing Congressional investigations into Solyndra's controversial $535 million loan guarantee from the U.S. Department of Energy (DOE), several witnesses - including DOE officials - cited low-cost solar products from China as the key cause of Solyndra's demise.

The U.S. Department of Commerce ruled earlier this week to apply anti-dumping tariffs to PV cells produced in China, following an extensive investigation into whether Suntech, Trina, Yingli and other Chinese manufacturers dumped solar products in the U.S. The investigation originated from a complaint filed by SolarWorld and its coalition partners.





Hybrid Energy Innovations 2015

Latest Top Stories

U.S. ITC Votes To Uphold Anti-Dumping Finding Against China And Taiwan

Although not unexpected, the decision to uphold a preliminary finding will lead to tariffs on PV products imported into the U.S.


Solar And Wind Drove New Clean Energy Investment Up 12% In 2014

Despite a reduction in Europe's major renewable energy market subsidies and very competitive natural gas prices in the U.S., investment in the global clean energy sector for 2014 registered its first annual increase since 2011.


Study Finds U.S. Solar Jobs Have Grown 86% In Four Years

Despite a leveling out in the cost of photovoltaic power, solar jobs continue to climb in the U.S. far above other sectors.


Xcel's Community Solar Program Creates 'Bite-Sized' Utility Projects

Launched last month, Xcel Energy's Solar*Rewards Community program promises to help build a new segment of the solar market. Project developers and builders near and far are adjusting their business models accordingly.


Utility Commission Order Bolsters N.C.'s Status As A Rising Solar Power

A year-end decision by North Carolina regulators has upheld the state's effective standard order power purchase agreement while codifying a methodology for utilities to use when calculating avoided cost rates.

2015 Buyer's Guide Register
Solectria_id1450
Hybrid Energy Innovations 2015
PV America_id1480