Courts accept AMSC lawsuits against Sinovel seeking $1.2bn

Wind turbine component maker AMSC seeks more than $1.2bn for contracted shipments and damages from Chinese manufacturer Sinovel, formerly its largest customer, through four lawsuits filed in Chinese courts.

AMSC alleges intellectual property (IP) infringement related to its software for low-voltage ride through (LVRT) technology, and breach of supply contracts.

AMSC chief executive Daniel McGahn says courts have accepted each of the civil cases. He expects proceedings to begin within a few months.

The US company filed for arbitration with the Beijing Arbitration Commission, seeking nearly $70m in compensation for past shipments and asking the courts to enforce contracts in place with Sinovel. “The value of the undelivered components under those existing contracts exceeds $700m,” McGahn says.

AMSC also filed two Log in to read complete article.

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?


Recharge 40 40 Magazine

Recharge Monthly Magazine

Recharge App

Download the Recharge Mobile App
Get the free Recharge subscriber app on your device running iOS or Android.
Read Recharge anytime and anywhere.
Recharge IOS App

Media pack 2014

Download the 2014 Media pack
Recharge is a must-read for anybody wanting to stay abreast of renewables and puts advertisers at the heart of current debate. Media pack 2014
Media Pack 2014