SolarWorld to appeal US court's ruling to pay $793M damages

German solar panel-maker SolarWorld says it is appealing a U.S. court's ruling ordering it to pay $793 million in damages to Michigan-based supplier Hemlock Semiconductor Corp.

SolarWorld says it expects the appeal against Tuesday's ruling to take about one year.

The company said in a statement Wednesday that it doesn't believe the first ruling can be enforced in Germany anyway, citing European Union anti-trust rules.

Hemlock sued SolarWorld in a dispute over a long-term contract to supply the German firm with silicon that was agreed at a time when global prices for the material were high.


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Citation: SolarWorld to appeal US court's ruling to pay $793M damages (2016, July 27) retrieved 22 January 2021 from https://phys.org/news/2016-07-solarworld-appeal-court-793m.html
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