Europe opens competition probes covering Chinese solar panel makers over subsidies

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The European Union has launched investigations into two groups of companies that include Chinese solar panel makers in the latest salvo against what it suspects is unfair competition from China’s vast manufacturing sector.

The European Commission, the EU’s executive arm, said Wednesday that it would assess whether foreign subsidies enabled the two consortia to submit “unduly” competitive offers when bidding for a contract to build and operate a solar park in Romania partly funded by EU money. The two groups include subsidiaries of China’s LONGi Green Energy Technology Co. and Shanghai Electric Group Co., a state-owned enterprise.

Like biodiesel, solar panels are an important part of Europe’s efforts to transition to an economy powered by clean technologies. Commissioner Thierry Breton, in charge of the EU’s internal market, said in the statement Wednesday that solar panels are “strategically important” for Europe — namely, “for our clean energy production, jobs… and security of supply.

 

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