US EditionChina Calls EU 'Discriminatory' over Probe Into Energy Giant Goldwind
The European Commission is investigating if Chinese state subsidies gave Goldwind an unfair advantage in Europe’s wind sector, risking market distortion and industry harm.
- On Tuesday the European Commission opened an in-depth investigation into Goldwind Science & Technology under the Foreign Subsidies Regulation, EU competitiveness commissioner Teresa Ribera said.
- European wind turbine manufacturers had sought protection fearing hyper-competitive Chinese firms could hollow out the industry, prompting ex officio action after a request for information to EU turbine makers.
- Preliminary checks found indications that Goldwind may have received grants, preferential loans, or tax breaks from the Chinese state, prompting an in-depth probe by European Commission investigators.
- The investigation will assess whether subsidies from the Chinese state illegally boosted Goldwind's position in the European market, and if confirmed, remedies or corrective measures could be required, while stressing the probe does not prejudge the outcome.
- The Foreign Subsidies Regulation, adopted July 2023, has been used previously in solar, rail and security, but this is the first high-profile wind case, with China’s commerce ministry calling past probes `unreasonable actions against Chinese companies` and Chinese business groups labeling them `discriminatory` and `excessive`.
46 Articles
46 Articles
European research into Chinese wind turbines marks a turning point in Community industrial policy in the face of unfair competition practices in strategic sectors for the energy transition.The opening of the procedure raises trade tension with Beijing and reinforces the Brussels message that it will not tolerate competitive advantages based on opaque public aid within the single market.The starting point of the case dates back to April 2024, whe…
Channel News Asia
China calls EU 'discriminatory' over probe into energy giant Goldwind
BEIJING: Beijing accused the European Union on Wednesday (Feb 4) of taking "discriminatory" measures after the bloc opened an investigation into Chinese clean energy giant Goldwind over concerns the firm unfairly benefited from state subsidies.Goldwind is one of the world's biggest wind turbine suppliers, and
Chinese Wind-Turbine Maker Goldwind Hit by EU Anti-Subsidies Probe
Chinese wind-turbine manufacturer Goldwind Science & Technology has been hit by an in-depth investigation in the European Union amid concerns that Beijing’s state backing may give it an unfair advantage over European rivals. The European Commission said on Feb. 2 that its preliminary investigation found indications that Goldwind may have received subsidies from Beijing. Such state aid could come in the form of grants, preferential tax and loan m…
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