China Wind Tech Firm Hit with $59 Million Fine for Theft of U.S. Trade Secrets

July 08, 2018

A District judge ruled Friday Chinese turbine manufacturer Sinovel Wind Group Co. must pay $59 million in a plot to steal trade secrets from a U.S. rival. In January, a federal court in Wisconsin convicted Sinovel of stealing trade secrets from AMSC and nearly putting it out of business.