According to documents reviewed by Handelblatt, “it is likely that U.S. silicon supplier Hemlock will win a case it brought against Solarworld for allegedly not fulfilling a contract and claiming up to $770 million in damages.” SolarWorld recently reiterated their position that the probability of losing this case was ‘low.’ In earlier quarterly statements SolarWorld has also said that a victory by Hemlock is seen as, “possibly even threatening the continued existence of the company.” The verdict is expected on June 9, 2016. expand full story
SolarWorld Stories May 24, 2016
SolarWorld Stories April 21, 2016
We have been covering a lot of departures from Tesla’s executive team lately. Tesla’s Vice President of Regulatory Affairs and Deputy General Counsel, James Chen, left the automaker earlier this month. Chen left after two other VPs did the same just a few weeks before, VP of Finance and Worldwide Controller, Michael Zanoni, and Ricardo Reyes, Tesla’s VP of Global Communications.
But now we change the pace as we learn that Ardes Johnson, a long-time former GE sales executive and more recently SolarWorld’s Vice-President of Sales in the US, joined the automaker to lead the new sales team in its ‘Tesla Energy’ division. expand full story