The European Commission announced on Tuesday, February 3, that it was opening an in-depth investigation into the Chinese turbine giant Goldwind, suspected of unfair competition.
The EU fears that the large subsidies granted by Beijing to the group "harm competition" in the wind energy sector, it said in a statement.
Although China has been a major player in wind power since the late 2.000s, it is only in recent years that it has established itself as a world leader.
Many Western countries are now alarmed by the influx of cheap Chinese exports destabilizing local manufacturers, such as Vestas in Denmark or GE Vernova in the United States, and denounce the perceived unfair advantage of subsidies from Beijing.
The EU had already announced it would open a first investigation into the matter in April 2024.
"Based on this preliminary investigation, the Commission believes there are indications that Goldwind may have benefited from foreign subsidies distorting the internal market," it said in the statement.
China's industrial overcapacity is a subject closely monitored by Brussels due to the influx of cheap products onto global markets, from solar panels to electric cars and textiles.
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