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    1. Home
    2. >Finance
    3. >Goldwind Science hit with EU probe on possible subsidies
    Finance

    Goldwind Science Hit With EU Probe on Possible Subsidies

    Published by Global Banking & Finance Review®

    Posted on February 3, 2026

    2 min read

    Last updated: February 3, 2026

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    Tags:innovationsustainabilityfinancial community

    Quick Summary

    The EU has launched an investigation into Goldwind Science & Technology over concerns of unfair foreign subsidies impacting the wind turbine market.

    EU Launches Investigation into Goldwind Science for Possible Subsidies

    EU Investigation into Goldwind Science

    By Foo Yun Chee

    Background of the Investigation

    BRUSSELS, Feb 3 (Reuters) - Chinese wind turbine maker Goldwind Science & Technology was hit with an EU investigation on Tuesday as EU state aid regulators said it may have received foreign subsidies giving it an unfair advantage in Europe.

    Implications for the Wind Turbine Market

    The move by the European Commission followed requests for information sent in April last year to a group of Chinese suppliers of wind turbines under the EU's Foreign Subsidies Regulation which targets unfair foreign state aid.

    Responses from Competitors

    Europe's major turbine makers Vestas, Siemens Energy and Nordex have long urged the Commission, which acts as the EU competition enforcer, to ensure fair competition in the 27-country bloc amid a flood of cheap Chinese imports.

    The Commission said its preliminary examination following the requests for information has produced indications that Goldwind may have been granted subsidies that distort the EU market.

    "The Commission has preliminary concerns that these foreign subsidies may improve Goldwind's competitive position in the internal market and may negatively affect competition for the supply of wind turbines and related services in the EU," the Commission said in a statement.

    Companies may offer remedies to address FSR concerns.

    (Reporting by Foo Yun Chee, Editing by Louise Heavens)

    Table of Contents

    • EU Investigation into Goldwind Science
    • Background of the Investigation
    • Implications for the Wind Turbine Market
    • Responses from Competitors

    Key Takeaways

    • •The EU is investigating Goldwind for potential foreign subsidies.
    • •The investigation is under the EU's Foreign Subsidies Regulation.
    • •Concerns exist about unfair competition in the wind turbine market.
    • •The European Commission initiated the probe following requests for information.
    • •The investigation could impact Goldwind's operations in Europe.

    Frequently Asked Questions about Goldwind Science hit with EU probe on possible subsidies

    1What is the European Commission?

    The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and upholding EU treaties.

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