United PV Seeks $64.5 Million From Hareon for Contract Breach

  • Most Hareon projects don't meet conditions: United PV
  • United PV may seek a refund via arbitration, spokesman says

United Photovoltaics Group Ltd., a Hong Kong-listed solar-farm operator, is asking Hareon Solar Technology Co. to return HK$500 million ($64.5 million) it paid in advance for buying 930 megawatts of solar-power projects as the plants don’t meet acquisition conditions.

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