Tonight, as I’m sure you’re all aware Simon Singh Britain’s third most famous celebrity mathematician after Carol Vorderman and Johnny Ball appears at the Spectator debate speaking in defence of the great AGW meme.
I do hope his spirits havent been dampened by the recent news that the government is planning to slash subsidies for large-scale solar installations.
The proposals would reduce the tariff for roof-mounted schemes of more than 50 kilowatts by 39pc to 49pc and the tariff for stand-alone schemes may be reduced by more than 70pc.
The reason I mention this is that Simons entrepreneur brother Tom who runs the Tom Singh Family Trusts appears to be quite heavily exposed to the solar industry.
Entrepreneur and retailer Tom Singh has purchased a stake in solar power developer and producer mO3 Power.
Singh, who is the founder of high street retailer New Look, will become a non-executive director of mO3 Power after buying into the company during its second investment round.
His stake in the company has not been disclosed but a statement says it is a ‘substantial investment’.
Tom Singh Family Trusts, which made the purchase on Singh’s behalf, have interests in a range of sectors including retail, real estate and renewable energy.
mO3 Power develops, builds, owns and operates a number of large-scale solar photovoltaic (PV) panel parks in the Midlands, southern England, East Anglia and south Wales.
mO3 Power chief executiveKen Moss says: ‘[Singh] has demonstrated a clear and deep understanding of the solar PV sector and the importance of increasing electricity generation from renewable resources.’
Let’s hope for Simon’s sake it adds extra passion to his oratory at the Spectator debate. After all, he wouldn’t want to let down Big Brother, would he?
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