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Thursday, 08 October 2015 08:57

Two UK clean energy firms go under

Two of Britain's leading clean energy firms have gone into administration within hours of each other, and a third has sold his UK business, with two of them blaming the government about-turn on energy policy.

Nearly a thousand staff have been laid off as the Mark Group, one of the UK’s leading solar-panel installers, fell into administration yesterday. On the day same, Climate Energy, which describes itself as ‘the UK’s largest provider of energy efficiency solutions’, posted a notice on their website saying they have gone into administration.

Speaking to Greenpeace’s Energydesk, world-leading solar clean tech giant SunEdison, which sold the Mark Group just months after acquiring it, blamed the government’s ‘draconian policy proposals’ which it said ‘will essentially eliminate the solar PV market in the UK’.

 The Mark Group management told local media that ‘recent changes to Government policy on energy efficiency put a lot of pressure on the business.’

Last month, a report by financial consultancy EY said the government’s policies on renewable energy threatened to undermine investor confidence in fracking and nuclear projects, as well as in the green sector. The firm said the Conservatives had sentenced the renewables industry to “death by a thousand cuts”.

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