THE Circuit of Wales has announced a 25-year partnership deal with Chinese solar manufacturer, Hanergy.
The agreement will see their solar panels form a solar park site integrated within all the venue’s buildings.
But Ebbw Vale is set to benefit too, as Hanergy, the largest private renewable energy power producer in China, will supply its cleaner, cost-effective energy not only to the circuit and its business park, but also to homeowners and businesses in the area.
Michael Carrick, Heads of the Valleys Development Company chief executive, said: “Our partnership with Hanergy is a significant landmark in the development of the Circuit of Wales.
“The partnership is yet another positive step in completing a modern facility that is going to push the boundaries of sustainable automotive development in Wales and in the UK.”
The racetrack will be the UK’s first high-tech, low-carbon motor racing facility. The 830-acre complex aims to attract an estimated 750,000 visitors a year, generate £50 million per year for the UK economy and create at least 4,000 full-time jobs.
It is hoped the racetrack will host the UK Moto GP competition in 2016, however, this remains unconfirmed as talks continue.
Li Ming, CEO, Hanergy Global Solar Power Group (Europe), said: “Our partnership with the Circuit of Wales is based on our strategic vision, ‘change the world by clean power’. We are striving to become a global player through innovation and exponential growth.
“We have a sense of social responsibility and hopefully by working together we can reach our goals in achieving sustainable developments.”
Next week’s planning inquiry will focus on the Heads of the Valleys Development Company’s request for access to 600 acres of common land, with developers aiming to register another 800 acres in exchange.