Solar company Mark Group goes into administration with over 900 jobs at risk
Mark Group, a solar installer based in Leicester, has announced that over 900 jobs are at risk as the company goes into administration.
Mark Group employs around 1,165 people across the UK, and says that the Government is to blame for the move with its recent proposal [1] to cut the Feed-in Tariff for residential solar by 87%.
Mark Group was established in 1974 and is one of the largest employers in Leicestershire, with the amount of job losses expected comparable to the loss of 1,000 jobs at the Redcar steel works.
Paul Barwell, CEO of the Solar Trade Association, said:
“This is terrible news for the UK solar industry. The consultation has not even closed, and businesses are already going under – despite the fact that the Government claim this is a ‘real’ consultation. Mark Group going into administration will also cause serious knock on effects in the supply chain.”
“Surely this will set alarm bells ringing for the Government? Jobs matter, and there are 27,000 at stake. We are preparing alternative solutions and will be working with decision makers to discuss our alternative proposal for more structured, steady and workable reductions to support.”
This announcement follows the release of analysis by the STA suggesting that up to 27,000 solar jobs could be at risk nationwide due to the proposed cuts to the Feed-in Tariff.
Notes to Editors
[1] https://www.gov.uk/government/consultations/consultation-on-a-review-of-the-feed-in-tariff-scheme
For further information or to request an interview, please contact:
Name: Sonia Dunlop
Title: Communications and Public Affairs Manager
Tel: 0203 637 2946 or 07970 795 278
Main line: 0203 637 2945
Background on the Solar Trade Association:
The mission of the Solar Trade Association is to empower the UK solar transformation. We are paving the way for solar to deliver the maximum possible share of UK energy by 2030 by enabling a bigger and better solar industry. We represent both solar heat and power, and have a proven track record of winning breakthroughs for solar PV and solar thermal.
-01.png){kind=spacer}