SolarWorld sales up despite $770M lawsuit

The solar manufacturer’s shipments grew 36% year-over-year in 2015, but the $770-million lawsuit with Hemlock Semiconductor Corp. still awaits resolution.

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SolarWorld, which has its Americas headquarters in Hillsboro, claimed there is little probability the lawsuit with Hemlock Semiconductor Corp. will have a negative outcome in its 2015 annual report. That judgment came the day after Hemlock attempted to get a faster resolution for the case.

That claim is counter to company statements from last March. As I wrote in November, last year’s annual report states that if the lawsuit is successful, it could threaten the company’s very existence.

(READ MORE: Portland Business Journal)

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