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Bavarian prince hits resistance over plans for giant solar park

Post Time:Jan 19,2010Classify:Industry NewsView:190

While Prince Albert von Thurn und Taxis is more widely known for his enthusiasm for exhaust-spewing race cars, the 26-year-old is showing a decidedly green streak these days, although not everyone is happy with the new color.

Albert, the world's youngest billionaire according to Forbes magazine, wants to take some 195 hectares (482 acres) of farmland owned by his family in Bavaria and build a huge solar park that could, at peak times, generate up to 65 megawatts of electricity.

Former monopoly-holders of Europe's postal services, the Thurn und Taxis family are today considering investing 115 million euros ($165 million) in a 21st century service: green electricity that could power some 16,000 households, according to a Jan. 18 Deutsche Welle report.

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