SolarWorld and Hemlock to hold mediation conference to explore ‘settlement’ possibilities

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
A mediation conference involving both companies will now be held later this month lasting for at least two hours with the primary aim to “explore possibilities for settlement”. Credit: Hemlock

SolarWorld and Hemlock are set to hold a mediation conference on 19 September following SolarWorld being ordered to pay Hemlock damages amounting US$793 million plus costs and interest in July.

The case, relating to breach of take-or-pay polysilicon contracts with Hemlock Semiconductor, had already been running for more than three years, but, following the ruling, SolarWorld said it would appeal the judgement in the US, adding that any claim in the US will not be enforceable in Germany. That appeal has now been launched.

A mediation conference involving both companies will now be held later this month lasting for at least two hours with the primary aim to “explore possibilities for settlement”, according to a letter sent by the Office of the Circuit Mediators, in the United States Court of Appeals.

The conference will not only investigate possible means by which to resolve the case, but will also attempt to prevent unnecessary delays by addressing procedural issues in the appeal. It will also identify the main disputes in the appeal.

Read Next

January 24, 2022
Polysilicon producer Daqo New Energy is expecting a five-fold increase in net profit from its Xinjiang subsidiary as it continues to progress expansion plans.
January 10, 2022
Upstream solar major Tongwei has forecasted for profits to more-than-double in its 2021 financial year on the back of increased material and cell prices experienced last year.
PV Tech Premium
January 10, 2022
After a 2021 which saw price volatility dominate the solar industry’s new, the sector started anew last week. How has the downstream started the year with regards manufacturing and pricing?
January 7, 2022
The solar PV industry produced more than 190GW of modules during 2021, as the industry went through its first major production-led supply cycle, Finlay Colville reveals in exclusive analysis for PV Tech.
Sponsored
January 6, 2022
PV Tech speaks to Philipp Matter, president for Europe at GCL System Integration, to discuss last year's supply chain crises, targeting growth in Europe and the prospects for competing new solar technologies.
January 4, 2022
Daqo New Energy has provided a RMB10 billion (US$1.6 billion) capital injection to a subsidiary which is to advance on future polysilicon production projects in Inner Mongolia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany