Commission opens in-depth investigation under the Foreign Subsidies Regulation into Goldwind’s EU wind activities
The Commission has opened an in-depth investigation under the Foreign Subsidies Regulation (FSR) into the activities of Goldwind Science & Technology Co., Ltd. in the production and sale of wind turbines and the provision of related services in the EU. Goldwind, which is headquartered in China and operates in the EU through subsidiaries including Vensys, is suspected of having received foreign subsidies that may distort competition in the EU internal market.
Following an ex officio preliminary inquiry launched by the Commission in April 2024, Goldwind may have benefited from foreign financial contributions, including grants, preferential tax treatment and subsidised loans, which could strengthen its competitive position in the EU wind sector. The Commission will now assess whether these preliminary concerns are confirmed.
For more information, see the Commission’s PR.