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EU says Chinese solar manufacturers received illegal aid

2013-08-29 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The EU has reportedly warned Beijing it has evidence Chinese solar companies are receiving illegal subsidies, but it is unlikely to take immediate action for fear of reigniting the recent trade spat with China over renewable energy policies. A nine-month European Commission probe has concluded Chinese manufacturers of crystalline silicon photovoltaic (PV) panels, as well as cells and wafers, breached World Trade Organisation (WTO) rules by benefiting from preferential lending, tax programmes,...

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