By Susanna Twidale LONDON (Reuters) - Britain will end its subsides for new solar power plants two years earlier than expected to prevent costs from the scheme soaring, the government said on Tuesday. Energy companies who build solar farms currently qualify for subsidies through the government's so-called 'Renewable Obligation' (RO) scheme, and had expected to keep receiving these until 2017. Under the plans announced by the Department for Energy and Climate Change (DECC) the scheme will be closed to new solar projects over 5 megawatts (MW) from April 1 2015. \"Large scale solar...is deploying much faster than previously expected,\" DECC said in a statement, adding that as a result the cost of subsidising the technology was rising faster than originally planned.
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