EU Closes Probe as Chinese Firms Withdraw from Romanian Solar Projects

The European Union's efforts to enforce fair competition leads to the withdrawal of Chinese solar companies from a major tender, amid broader trade tensions.

• Two major Chinese solar companies exited a Romanian solar project following EU investigations into suspected state subsidies.
• The EU's new foreign subsidies regulation, aimed at ensuring fair competition within the bloc, prompted the withdrawal.
• Investigations targeted subsidiaries of Longi Solar and Shanghai Electric, raising concerns over their competitive practices.
• EU officials emphasize the need to balance renewable energy goals with industrial competitiveness and energy security.
• The closure of these probes marks a significant application of the EU's economic defense strategy against non-transparent foreign subsidies.

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