Solyndra anti-trust lawsuit branded as "misguided"

On October 11, just one day after the U.S. Department of Commerce voted in favor of anti-dumping and countervailing duties for Chinese photovoltaic exports into the U.S., the bankrupt Solyndra filed an anti-trust lawsuit in San Francisco.

The U.S.-based company has accused Suntech Power Holdings Company Ltd, Trina Solar Ltd, Yingli Green Energy Holding Co., and others of "running an illegal cartel" and deliberately trying to destroy American competitors. As a result, it is seeking adequate compensation.

While the company is reviewing the complaint, Suntech’s American MD has branded the lawsuit as a "misguided effort by Solyndra to find scapegoats for its failure to commercialize its technology at a competitive price point." He told pv magazine, "Solyndra’s allegations are baseless and we intend to defend against these allegations vigorously."

Both Trina and Yingli also issued statement along the same lines. "The Company believes the lawsuit is without merit and will vigorously defend itself against the baseless allegations in the complaint. The Company is not in a position to evaluate the potential impact of this lawsuit on its business at this time," said Trina.

Meanwhile, Robert Petrina, MD of Yingli Green Energy Americas, stated, "We just received notice of this complaint, but from our initial review, these are unwarranted and misguided claims from a company that has a clear history of failed technology and achievements. We will vigorously defend ourselves with the expectation that Yingli will prevail."

pv magazine has still to reach representatives of Solyndra.