Yingli Green Energy Holding Company Limited, the global vertically integrated photovoltaic manufacturer, commented on Energy Conversion Devices Liquidation Trust's filing of an antitrust and unfair trade practice lawsuit in the U.S. District Court for the Eastern District of Michigan.
"We are still reviewing the filing, but at first glance these are baseless claims that seem similar to the Solyndra antitrust case. In both instances, the companies are bankrupt and appear to be blaming others for their own failed thin-film technology and flawed business models. We will continue to aggressively defend ourselves and expect that Yingli will prevail in both cases," said Robert Petrina, Managing Director, Yingli Green Energy Americas.