Cornish "Hot Rocks" Project Loses Government' Funding (This is Cornwall)
The UK Government has withdrawn its contribution towards a £50 million scheme to create energy using the heat from rocks deep underground near Redruth.
Geothermal Engineering Ltd was awarded £6 million last year from the Regional Growth Fund for the project which is earmarked for United Downs, between St Day and Carharrack.
But the company's failure to attract private funding for the scheme has led to the award being rescinded.
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