The Mark Group went into administration yesterday (7 October), blaming its failure on the government’s proposals for reducing support of solar PV.
In a statement, the company said it had refocused to concentrate on the solar market, but this was “no longer viable” because of the cuts announced by the government earlier this year. More than 900 of its staff have now been made redundant.
The Mark Group is the first high-profile casualty in the market, providing proof of the claims that the removal of funding through schemes including the Feed-in Tariff (FiT) and the Renewable Obligation (RO) would result in the loss of thousands of jobs around the UK.
The company was owned by SunEdison for just three months, and Mark Group managers are reported to have attempted to purchase the firm to keep it in business.
They were advised this was not possible and the company’s closure was announced to staff.
A total of 939 employees have been made redundant, with 226 retained while a buyer is sought by administrator DeLoitte.
SEA chief executive Dave Sowden described the position as “disastrous” for former employees and said the position “could easily have been avoided if the government had paid attention to clear signals about the need to instil confidence in the market”.
Mr Sowden added his voice to the many recent appeals to the government to rethink its strategy, urging it to “agree to a new energy white paper that properly places buildings at the heart of energy policy”.