The Mark Group – which employs around 1,165 people across the UK – said that the ‘Government is to blame’ for the move with its recent proposal to cut the Feed-in Tariff for residential solar by 87%, effective from Jan 2016.
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.
A spokesman for 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.”
See also Scottish Energy News: 1 October 2015
Cut to solar energy feed-in tariff ‘puts up to 27,000 jobs at risk’ across UK –