Chinese Wind-Turbine Maker Goldwind Hit by EU Anti-Subsidies Probe

The in-depth investigation into Goldwind marks the latest application of the bloc's Foreign Subsidies Regulation.
Chinese Wind-Turbine Maker Goldwind Hit by EU Anti-Subsidies Probe

Chinese Wind-Turbine Maker Goldwind Hit by EU Anti-Subsidies Probe The European Union has initiated an in-depth investigation into Chinese wind-turbine manufacturer Goldwind Science & Technology. Preliminary findings suggest Goldwind may have received subsidies from Beijing, potentially giving it an unfair competitive advantage over European rivals. The European Commission is concerned these subsidies could negatively impact competition for wind turbines and related services within the EU internal market.

  • EU investigates Goldwind Science & Technology, a Chinese wind-turbine manufacturer.
  • Concerns exist that state backing from Beijing gives Goldwind an unfair advantage.
  • The European Commission found preliminary indications of subsidies received by Goldwind.
  • Subsidies could include grants, preferential tax, and loan measures.
  • The EU fears these subsidies may negatively affect competition in the internal market.
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