EU Investigates Chinese Wind Turbine Suppliers: A Battle for Fair Competition in Clean Energy

The EU is investigating Chinese wind turbine suppliers for potential subsidies, focusing on wind park development in Spain, Greece, France, Romania, and Bulgaria. This move aims to protect domestic firms from cheap clean tech products. Chinese companies' competitiveness, backed by the Chinese government's support and ambitious renewable energy targets, has led to significant market share gains. The EU is also considering tariffs on Chinese electric vehicle imports. Wind industry groups welcome the probe, emphasizing the need for fair and open competition.

Source: Reuters