News Article
FiT Review Leads To Project Cancellation
Stuart Brennan of energy firm Ecotricity has appeared on BBC and stated the company plans to cancel a Somerset solar farm as a direct result of the FiT changes announced by the government. Under new regulations the 70% drop in FiT revenue makes the project unviable.
The planned 26-acre farm in Chewton Mendip would have generated enough power for 1,500 homes but the loss of expected revenue has cut large scale opportunities across the country.
Brennan said on the news programme, "The government has put a lot of effort into building up this industry and has suddenly dragged the rug out from underneath the industry just when it was getting going.
