EU Commission probes Chinese wind turbine firm Goldwind over alleged third‑country subsidies distorting the EU market.
Economy / Finance

EU Commission probes Chinese wind turbine firm Goldwind over alleged third‑country subsidies distorting the EU market.

The European Commission has opened a formal investigation into the Chinese wind‑energy company Goldwind.
The probe is aimed at determining whether Goldwind has received third‑country subsidies that could distort competition within the EU internal market. Goldwind operates in the EU through its subsidiary Vensys, headquartered in Neunkirchen (Saar) along with other affiliated companies, and is primarily involved in developing, manufacturing and operating wind turbines.

The Commission began an initial ex‑ante review in April 2024, requesting information from several EU wind‑sector firms, including Goldwind. Early indications of potential subsidies-such as grants, tax incentives and preferential financing-suggest that these payments might have enhanced Goldwind’s competitive position on the internal market. The findings will be examined under the Regulation on Third‑Country Subsidies, which has been in force since July 2023 and authorises investigations into such market distortions.