Chinese to Build Solar Farms in Cornwall

SunergyChina Sunergy, a Nanjing-based company, has bought two properties in Cornwall and as per revelations of a new report; the two are now to be converted into the UK's first solar farms to be owned by Chinese.

The company has bought Mawnan Smith's Higher Tregarn near Falmouth for one farm. While the other one is to be built at Tregavethan, which is near Truro. In total, the plans are to develop five megawatt farms.

As per the findings, a large number of people in the region are facing power shortages. Therefore, the company has planned the solar farms. It is being believed that five megawatt farms would largely help in supply of power to almost 1,000 homes. Although a total of 12 solar farms are already there, in Cornwall.

It has been found that the company has also got the approval for not only the two farms, but for 20 such farms in future. In order to ensure security of subsidies, the farms have been planned to be working by the arrival of April 2013, the report concludes.

Meanwhile, an investigation has been launched by the EU into alleged state subsidies for the solar panel manufacturers in China. The same deepens a trade war between EU and China over solar power market.