Community Windpower state:
Electricity generated will power approximately 28,000 homes, and by supplying the local distribution network will provide much needed electrical generation in the South West. Over 113,000 tonnes of CO2 would be displaced every year, equivalent to 32,000 cars taken off the road in Cornwall
..turbines typically operate for 75-80% of the time. Current assessments show that an onshore windfarm in the UK typically operates at maximum capacity for approximately 29% of the time, although most carefully selected sites should be able to reach 35-40% of time at maximum capacity.

We are not convinced that Community Windpower has a full grasp of the technical issues here, but we interpret their statement as assuming a Load Factor (or Capacity Factor as BWEA call it) of 29%.
IT IS IMPORTANT to note that this is not the same thing as producing Maximum Capacity for 29% of the time

The usual figure suggested by BWEA is 30% which may or may not be an optimistic average for the windfarms generally, but the load factor achievable at a given site is primarily a function of the local wind climate and topography

The Windpower data supplied by the Renewable Energy Foundation for the existing windfarms in Cornwall for the years 2003-2007 has therefore been analysed in the table below

Capacity = the total installed capacity for each site
Load Factor = (Energy generated per year) / (Capacity x 24 x 365)

 
Site Capacity Total energy (MWh) per year
(click for graphs)(MW) 20032004 20052006 2007Total
 
Bears Down 9.623234 2276322373 2249822167
Carland Cross 6.014099 1384813811 1398712055
Cold Northcott 6.813771 1452413552 1434013805
Delabole 4.08771 88639266 95769119
Four Burrows 4.58898 85738383 83948578
Goonhilly Downs 5.610288 93739159 103199444
St. Breock 5.011780 1177811189 1101010174
 
Totals 41.590841 8972287733 9012485342 443762
 
Load factors (%)  25.0 24.724.1 24.823.5 24.4

This analysis indicates that Load Factor of 25% would be more appropriate. If Community Windpower are trying to show the benefits to the planet from this development, then the onus is on them to provide correct information and in this case demonstrate that their assumed load factor can be achieved in Cornwall

Nor are we convinced by their numbers of homes that could be supplied. The table below shows domestic consumption in Cornwall for the year 2007 (source)

Area Domestic Elecrtical
Consumption in 2007
(GWh)
No of Homes MWh
/home
  
Caradon208.639200 5.3
Carrick233.843800 5.3
Isles of Scilly8.61200 7.2
Kerrier241.344300 5.4
North Cornwall241.642600 5.7
Penwith165.233600 4.9
Restormel259.445600 5.7
   
Total1358.52503005.4

Assuming a load factor of 25%, a total installed capacity of 50 MW at Davidstow could produce 109.5 GWh of electricity per year, enough for 20,300 average homes in Cornwall (somewhat less than the developer's figure). However the occupants of these homes would no doubt want to use their electricity even when the wind was not blowing. Therefore a back-up capacity of 50MW would need to be available somewhere else on the National Grid (note that the wind industry disputes this)

As for the CO2 saving, The British Wind Energy Association (who appear to be the principal advisor to the Government on matters relating to windpower) have now admitted that the figure they had previously advised as being the saving for CO2 emissions was incorrect as it was at least twice the real amount. The actual figure should be 430 grams CO2 per kilowatt hour

On that assumption, the Davidstow site would save 109500 x 0.43 = 47000 tonnes per annum

Furthermore no mention is made of the extra carbon produced by the back-up plant running at less than optimum efficiency, so the actual amount saved would be even less