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Chinese solar-panel makers' tax breaks, grants triggered subsidy probes, EU Commission says

By Tono Gil ( April 22, 2024, 10:48 GMT | Insight) -- Chinese solar panel producers Shanghai Electric and Longi Green Energy Technology look to have benefited from government incentives, tax refunds and grants to distort Romanian tenders, the European Commission said in summary notices today. It opened two in-depth probes into the Chinese companies earlier this month under the Foreign Subsidies Regulation. It also suspects the “loss-making characteristics” of Shanghai Electric's foreign operations.Chinese solar panel producers Shanghai Electric and Longi Green Energy Technology look to have benefited from government incentives, tax refunds and grants to distort Romanian tenders, the European Commission has said....

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