A Chinese billionaire who has spent the past five years buying 140,000 hectares of rural Texas has been frustrated by plans to build a giant wind farm.
San Guangxiin, 59, spent $ 110 million on Val Verde, near the Mexican border. He wanted to build a 15,000-acre wind farm with 46 turbines.
But after the landslide shocked Texas politicians, efforts failed, after they signed a law barring foreigners such as the Sun from accessing “critical infrastructure.”
Some Texas politicians have raised fears that the land near Lauren Air Force could store intelligence interfering in military installations.
Texas Gov. Greg Abbott, June 7, signed the Lone Star Infrastructure Protection Act – a law barring businesses from “enemy countries” from accessing the Texas Grid and other “critical infrastructure.”
Texas, like almost all other states, has its own grid instead of relying on the national network – and in February the grid fell into unusual hurricanes.
The draft declares that China, Russia, Iran, and North Korea are ‘enemy nations’, with the support of the legislature.
According to a spokesman, Sun 59 plans to lease the land to other companies to operate the wind farm.
San Guangxiin, a Chinese real estate tycoon with $ 2.1 billion, has bought 140,000 hectares of rural Texas near Del Rio since 2016. An alarm is now being raised on the plan for the land
On June 8, Texas Gov. Greg Abbott signed a series of bills to fix the Texas grid. Last day, he signed an infrastructure bill designed to halt solar plans
Politicians in Texas are arguing that it violates the June 7 law.
The Foreign Investment Committee (CFIUS) in the United States, which examines and determines the national security of foreign investment, approved the development of the Sun Blue Hills windfall in December 2020, but the new bill – by Texas State Senator Donna Campbell – is intended to overturn that.
“I mean, CFIUS and the Department of Defense, they have to see what they approve,” Campbell told Forbes.
Of course, it is important to look at what these foreigners want to do.
Warnings about solar plans were first raised by environmentalists with the protection of the Devil’s River.
Texas State Senator Donna Campbell writes draft bill banning solar wind farms
The Devil’s River in the picture is considered an important ecosystem – activists threaten wind farms
The Devil’s River feeds in the spring, and is ‘one of the last wild and clean rivers in Texas’.
Wind turbines under the blue sky and white clouds in Urumki, China – where the solar trading empire is located
The sun, they say, is now “one of the last wild and clean rivers in Texas around the Devil’s River.”
In the early hours of the morning, he bought a piece of land in the area. Not noticed in 2016. But At the end of 2017, a French company, Acoe Energy, built a Rock Springs wind farm on a leased sun.
Sun has faced a series of complaints about its planned wind farm in Texas
They then launched a campaign under the slogan ‘Texas’.
When people could not pay attention, they began to emphasize their relationship with the Communist Party of China. Possible national security implications; Its $ 2.1 billion assets; With its headquarters in the city of Uurgi, the persecution of the Uighur minority has sparked international outrage.
“Initially, we tried to take a local angle, because we were endangered species and the protection of the Devil’s River was focused on the local ecosystem,” he said.
She told Forbes: ‘Unfortunately, that angle didn’t get much drag.
We began to disseminate the narrative and in fact we began to spread awareness that this company from China was planning to connect to our critical infrastructure.
‘We are not haters, but we are concerned about our national security as every red blood is American.’ Levi’s decision to highlight Sun’s political allies has been a resounding success, with prominent politicians, including Senator Ted Cruz, warning against buying Texas land by 10 percent through consultants.
Another vocal critic of the impact of the Communist Party of China is Dallas Bass, founder of Hend Capital Capital Management.
Kyle Bass, a hedge fund manager in Dallas, was one of the most prolific gardeners.
‘What is the former PLA? [official] In Texas, near our Air Force Station and Border, trying to connect directly to our power grid? is there.
Considering the weakness of our grid that we have just seen, I have not found anyone in the Texas Legislature who thinks it is a good idea for the former China after the Snow-Popular. [army captain] To plug directly into our power grid. ‘
However, the Sun group strongly argues that the response was excessive.
Stephen Lynsey, a spokesman for GH America, which is involved in wind farms, said GH America has received federal approval for its transparency and “excessive obedience” commitment.[ing] With a control structure. ‘
He said national security concerns have been adequately addressed through federal regulatory channels.
It is being resolved as a national security agreement, but in reality it is a way of saying ‘it is not in my backyard’.