EU Launches Probes into Chinese Solar Firms over Unfair Subsidies

The investigations target two consortia involving Chinese companies suspected of receiving state subsidies to undercut European competitors.

The European Commission is investigating two Chinese-linked consortia for potentially using state subsidies to unfairly compete in a Romanian solar project.
One consortium includes a German subsidiary of Longi Green Energy Technology, the world's largest solar panel manufacturer, and the other involves subsidiaries of Shanghai Electric Group.
The probes are part of the EU's efforts to ensure fair competition and economic security within its single market, following regulations that came into effect in July 2023.
This marks the second use of the EU's foreign subsidies regulation to investigate Chinese firms, reflecting Brussels' willingness to counter perceived unfair competition from Beijing.
China, asserting its trade stance, plans to focus on exporting its 'new trio' of products, including solar panels, amid ongoing trade tensions with the EU.