Chinese solar-panel makers received subsidies, a European Union investigation showed, increasing the likelihood of EU tariffs on imports of the renewable-energy technology from China to counter trade-distorting government aid.
The European Commission has concluded in a probe opened last November that Chinese manufacturers of crystalline silicon photovoltaic modules or panels, and cells and wafers used in them, benefited from preferential lending, tax programs and other aid, an EU official said today in Brussels. The inquiry is one of two that the commission is conducting into alleged unfair Chinese trade in solar goods — the biggest EU commercial fight of its kind.
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Jonathan Stearns and Ewa Krukowska, Bloomberg via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/iZBcBpLBtSM/
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