Solar ‘Gold Rush’ in U.K. May Die With Incentive Roll-Back
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Cornwall, the poorest county in England, said five months ago it expected a “gold rush” of $1.6 billion in solar energy investments. Now, the U.K. government may get in the way.
The central government said this month it’s considering cutting incentives and reducing the size of projects, concerned that the above-market rates it promised through April 2012 may lead to too many solar farms.