Chinese Solar Firms Hit by EU Probes in New Test of Subsidy Law

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The move comes as the EU grows increasingly concerned that its clean tech industries are being undercut by Chinese companies

(Bloomberg) — The European Union is investigating bids by Chinese firms for a Romanian solar park, in the latest test of a new law aimed at preventing state-funded companies from abusing their financial muscle to fend off EU rivals.

The European Commission said Wednesday that it is investigating Enevo Group including LONGi Solar Technologie GmbH, a unit of the world’s second most valuable solar energy firm. It has begun a separate probe into state-owned Shanghai Electric UK Co. Ltd. and Shanghai Electric Hong Kong International Engineering Co. Ltd. The investigations relate to a 110-megawatt solar park, which is being partially financed by the EU.