Breaking News: China Sunergy, REC dispute investigated

Representing China Sunergy, William Xiaohong discusses with PV-Tech the company's side of a legal wrangle that became public in September 2009 over a long-term take-or-pay solar wafer supply contract with REC Group. In the interview, which took place during the EU PVSEC event in Hamburg, Xiaohong questioned whether the move by REC to access existing time-limited bank guarantees to protect its interests was the right way to deal with a customer. REC has currently declined to publically comment on the remarks made in the video interview and wishes to keep the dispute out of the media and deal with the Norwegian courts and the customer directly to end the dispute.

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