Two Chinese bidders have pulled out of a tender to supply a solar park in Romania, the latest sign that the EU’s new anti-subsidy powers are having a deterrent effect on companies Brussels claims receive financial support from Beijing.
The European commission on Monday said it closed an in-depth investigation launched last month after two consortiums bidding for the development of a 110 megawatt solar park in Romania withdrew their bids. The project, partly funded by the EU, was being scrutinised under the bloc’s foreign subsidies regulation.
Brussels in recent months has launched several such probes into alleged market-distorting subsidies received by Chinese companies — including raids at Nuctech, a Chinese security equipment supplier.
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