Official announcements from the European Union or credible news sources.

EU Ends Probe as Chinese Firms Withdraw from Romanian Solar Bid

May 13, 2024, 02:57 PM

The European Union announced it will terminate its investigation into Chinese companies bidding for a Romanian solar park project after the firms withdrew from the tender. This decision follows the EU's initiation of an anti-subsidy probe concerning the involvement of two Chinese-owned solar panel manufacturers in the public procurement process. The investigation aimed to ensure fair competition, prompting the withdrawal of the Chinese bidders.