BUSINESS

Wind Turbine Giant Goldwind Targeted in EU Subsidy Probe

Published: Feb. 6, 2026 12:24 a.m. GMT+8

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Goldwind, a dominant global player, has ranked first in market share for three consecutive years. Photo: VCG

The European Union has launched an in-depth investigation into Goldwind Science & Technology Co. Ltd., the world’s largest wind turbine manufacturer, over alleged foreign subsidies, prompting a swift response from Beijing.

Announced by the European Commission on Tuesday, this probe marks the first time the EU has initiated a dedicated in-depth inquiry into a single Chinese wind power company under its Foreign Subsidies Regulation (FSR). The investigation reflects growing scrutiny of Chinese green technology exports to Europe, following similar probes in the rail and solar sectors.

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The EU launched its first in-depth Foreign Subsidies Regulation probe into Chinese wind turbine giant Goldwind over alleged state support, prompting protests from Beijing.
Goldwind is the world’s top supplier, with 2025 overseas revenue reaching 8.4 billion yuan (up 75.3% YoY), and exports to the EU surging 65.9%.
Previous FSR probes led other Chinese firms to withdraw from major EU tenders; China criticizes the EU’s measures as protectionist.

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Who’s Who

Goldwind Science & Technology Co. Ltd.: Goldwind Science & Technology Co. Ltd. is the world's largest wind turbine manufacturer. The EU has launched an in-depth investigation into Goldwind over alleged foreign subsidies. Goldwind has been active in the EU for years, having acquired a 70% stake in German firm Vensys in 2008. The company's international business accounted for 30% of its total revenue in the first half of 2025, with a 75.3% increase in international revenue year-on-year.

Longi Green Energy Technology Co. Ltd.: Longi Green Energy Technology Co. Ltd. is a Chinese solar energy company. Its subsidiaries withdrew from a bid for a Romanian solar project worth nearly $431 million in April 2024. This withdrawal occurred after facing stringent evidence demands in an investigation by the European Commission under its Foreign Subsidies Regulation.

Shanghai Electric Group Co. Ltd.: Shanghai Electric Group Co. Ltd. is a Chinese company whose subsidiary withdrew from a bid for a Romanian solar project. This withdrawal occurred in April 2024 and was in response to stringent evidence demands resulting from an EU investigation under its Foreign Subsidies Regulation.

CRRC Corp. Ltd.: CRRC Corp. Ltd. is a Chinese company that faced two in-depth investigations under the EU's Foreign Subsidies Regulation (FSR). In February 2024, its subsidiary withdrew from a Bulgarian rail maintenance tender after an FSR probe. In November 2025, CRRC faced another in-depth investigation concerning a light rail project in Lisbon. These actions highlight the growing scrutiny of Chinese green technology exports to Europe.

Vensys: Vensys is a German firm that Goldwind acquired a 70% stake in back in 2008. The acquisition was part of Goldwind's strategy to expand its activities in the European Union.

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What Happened When

February 2024：: A subsidiary of CRRC Corp. Ltd. withdrew from a Bulgarian rail maintenance tender following an EU FSR probe.

April 2024：: The European Commission launched a preliminary probe into several wind companies, including Goldwind.

April 2024：: Subsidiaries of Longi Green Energy Technology Co. Ltd. and Shanghai Electric Group Co. Ltd. pulled out of a Romanian solar project bid after facing stringent evidence demands under an FSR investigation.

2025：: China’s wind turbine exports grew 48.7%, with shipments to the EU surging 65.9%; Goldwind's international business accounted for 30% of its total revenue.

First half of 2025：: Goldwind reported international revenue of nearly 8.4 billion yuan, up 75.3% year-on-year for the first half of 2025.

November 2025：: CRRC faced another in-depth FSR investigation regarding a light rail project in Lisbon.

Tuesday, February 3, 2026：: The European Commission announced the launch of an in-depth investigation under the FSR into Goldwind Science & Technology Co. Ltd.

Wednesday, February 4, 2026：: Beijing responded to the EU’s investigation, with both Foreign Ministry and Commerce Ministry spokespeople expressing strong concerns.

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