Sinovel

Sinovel Wind Group Company (Chinese: 华锐风电) is a Chinese wind turbine manufacturer headquartered in Beijing. It is the largest wind turbine manufacturer in China and by 2011 market share the second largest in the world.[1]

Sinovel Wind (Group) Co., Ltd.
Native name
华锐风电科技(集团)股份有限公司
Limited company
Traded asSSE: 601558
ISINCNE100000YW9 
IndustryWind power
Founded2004 (2004) (Beijing)
HeadquartersBeijing, People's Republic of China
ProductsWind turbines
WebsiteOfficial Website (in English)

The company aims to be the largest turbine maker by 2015 with half of sales for foreign markets.[2]

Donghai Bridge Wind Farm, the first offshore wind farm in China, began operation in July 2010 using 34 3 MW Sinovel turbines.

In December 2010, the Massachusetts Water Resources Authority ordered a 1.5 MW wind turbine to power a wastewater pumping station in Charlestown, Boston.[2]

Controversies

The firm was accused and found guilty of stealing software from AMSC and was embroiled in a lawsuit with that firm.[3][4] On 27 June 2013, the United States Department of Justice declared Sinovel and three Individuals were charged with theft of trade secrets.[5] On 24 January 2018 a U.S. federal jury in Madison, Wisconsin found Sinovel guilty of stealing trade secrets from AMSC causing the American company to lose over US$800 million. Prosecutors stated that Sinovel stole trade secrets and copyrighted information with the intention of building its own versions of AMSC systems and retrofit previously built wind turbines so it could avoid having to pay AMSC for its technology.[6] The federal judge ordered Sinovel to pay $59 Million for the act of stealing.[7] According to a press release by AMSC on 03 July 2018, AMSC has settled the lawsuit with Sinovel.

See also

References
  1. BTM Consult
  2. https://www.nytimes.com/2010/12/16/business/energy-environment/16windside.html?_r=1&ref=china
  3. http://www.bloomberg.com/news/2012-04-09/amsc-taking-sinovel-infringement-suit-to-china-s-supreme-court.html.
  4. http://investigations.nbcnews.com/_news/2013/08/06/19566531-chinese-firm-paid-insider-to-kill-my-company-american-ceo-says
  5. http://www.justice.gov/opa/pr/2013/June/13-crm-730.html
  6. "China's Sinovel convicted in U.S. of trade-secret theft". Reuters. 24 January 2018.
  7. Zarroli, Jim. "Judge Orders Chinese Wind-Turbine Maker To Pay $59 Million For Stealing Trade Secrets". www.opb.org. Retrieved 2018-07-11.


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