China Daily reported that China wind power companies expect to see little impact from the recent news that the country will end industry subsidies because of the investigation launched seven months ago following complaints from US manufacturers.
Mr Shi Pengfei vice president of the China Wind Energy Association said "It is understandable that the Chinese government is ending subsidies to an industry that is strong enough to compete with international players."
USA Today reported on Monday that China has agreed to stop subsidies to wind power companies that use domestic components instead of imports under its indigenous innovation program, citing US Trade Representative Ron Kirk. The grants ranged from USD 6 million to USD 22 million.
The report quoted Kirk that the outcome is considered significant and a victory in the US because it helps ensure fairness for American clean technology companies and workers. However, Chinese companies said the value of the grants is small when it comes to each maker portion and the subsidy end is unlikely to make a big splash.
China has more than 80 wind turbine makers whose production has contributed to the country rapid growth in the wind power sector. Its total capacity reached 44.7 GW in 2010 overtaking the United States to become the country with the greatest wind energy capacity.
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