After LONGi withdraws, the European Commission will conclude its investigation. Longi issued the following statement on the matter:

LONGi is fully committed to working with European partners to provide innovative clean energy solutions and ensure that Europe can achieve its ambitious renewable energy and climate goals.

According to previous reports from PV Tech, the European Commission launched an investigation in April into the bidding of two consortiums for Romanian solar projects, one consisting of Longi’s German subsidiary and ENEVO Group; the other consisting of Shanghai Electric and a British subsidiary.

They are suspected of violating the EU's Foreign Subsidies Regulation (FSR) by "distorting the market".

The FSR aims to limit the impact of foreign financing on EU markets and mitigate the undue influence of non-EU governments on the EU.

Non-EU companies must disclose financing provided by non-EU governments to joint ventures with a turnover of more than 500 million euros ($428.6 million) or where foreign capital contributes more than 50 million euros ($42.9 million).

The project, a proposed 110MW solar park in Romania, was tendered by Romanian contractor Societatea Parc Fotovoltaics Ronvinari Est S.A., with some support from the EU Modernization Fund.

In early March, the chairman of LONGi issued a statement calling on the industry to boycott "unsustainable" low-price solar modules. news.

Last week, the chairman of Chinese solar giants Trina Solar and JinkoSolar said module prices had almost bottomed out and could start to stabilize in the future.trina solar panels