Serbian national Dejan Karabasevic pleaded guilty in the Klagenfurt district court to passing to Sinovel an upgraded version of AMSC’s C12 1.4.3 code which allowed Sinovel to add a Low Voltage Ride Through (LVRT) function to its 1.5MW turbine crucial to meeting upgraded Chinese grid requirements.
Karabasevic admitted being paid by for the information by Sinovel — allegedly €15,000 — but the Chinese firm continues to deny that it illegally acquired AMSC’s intellectual property, something which is the focus of ongoing litigation between the two firms.
In response to Karabasevic’s confession, Sinovel released a statement describing his "claims" as "completely false" and insisting "Sinovel has never bought over any business secrets or intellectual property rights from the AMSC employee".
It added that the charges brought by AMSC and Karabasevic "have seriously violated Sinovel’s public image and business reputation," adding that "Sinovel reserves the right to legal actions".
Karabasevic was sentenced by the Klagenfurt district court to 12 months in prison and two years’ probation, and he was fined €200,000 in damages.
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