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Chinese wind-turbine parks draw new EU foreign-subsidies probes

By Lewis Crofts ( April 9, 2024, 13:12 GMT | Insight) -- Chinese wind turbine suppliers in five EU countries face European Commission-led investigations into the possible distortive impact of foreign subsidy regimes. The new probes are the latest push from the regulator to use the Foreign Subsidies Regulation amid growing EU scrutiny of potentially distortive foreign subsidies. The newfound regulatory attention has already led one Chinese firm to drop a tender for trains in Bulgaria.Chinese companies supplying wind turbines for parks in Spain, Greece, France, Romania and Bulgaria are the latest targets of EU investigations into the potentially distortive impact of foreign subsidies....

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