EU launches investigation into Chinese wind turbine companies


Source: irishtimes.com irishtimes.com

Key Topics in this News Article:

News Snapshot:

EU competition enforcer Margrethe Vestager said investigators will examine 'the conditions for the development of wind parks in Spain, Greece, France, Romania and Bulgaria'. Photograph: Gilles Sabrié/The New York Times Brussels has launched a subsidy investigation into Chinese wind turbine companies as it steps up efforts to protect its domestic industry from cheap competition. Margrethe Vestager, the EU’s top competition enforcer, said the investigation would examine whether Chinese companies participating in wind parks across Europe may have benefited from state support from Beijing. The investigation will use the European Commission’s new powers designed to clamp down on market-distorting subsidies from...