Publication date:
April 11, 2024
EU Launches Trade Probe Into Chinese Wind Turbines
The European Union's recent probe into Chinese wind turbines could reshape competitive dynamics in the renewable energy sector.
Renewable Energy
On Tuesday, the European Union initiated a comprehensive investigation into Chinese wind turbines, citing potential unfair advantages due to state subsidies. This move by the EU could significantly influence the global trade patterns of renewable energy infrastructure, with Beijing criticizing the act as 'protectionist.' This investigation underscores the complexities of international trade in the strategically vital renewable energy market.