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International Business Times
International Business Times
Business
Daniel ARONSSOHN

EU Probes Chinese Wind Turbine Suppliers Over Subsidies

European Union Margrethe Vestager United States Brussels Beijing China Europe
The EU wants to ramp up its renewable energy capacity as it aims for net-zero greenhouse gas emissions by 2050, while moving away from excessive reliance on cheaper Chinese wind and solar technology (Credit: AFP)

The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition.

The 27-nation bloc is seeking to massively ramp up renewable energy as it aims for net-zero greenhouse gas emissions by 2050, while moving away from excessive reliance on cheaper Chinese technology.

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