European solar firms have filed another complaint with the EC accusing their Chinese rivals of...

|By:, SA News Editor

European solar firms have filed another complaint with the EC accusing their Chinese rivals of benefiting from illegal subsidies. Germany's SolarWorld claims the subsidies amount to 20x Chinese consumption and 2x global demand. The complaint comes a day the China Development Bank renewed its pledge to support 12 local vendors, including Suntech (STP -8.9%), Trina (TSL +1.8%), and Yingli (YGE +2.4%). (previous)