Bulb ‘owed £254m to customers’

Bulb’s special administrators reportedly revealed that by the end of last October the company had a total of £640 million of liabilities

Together Energy in ‘administration talks’

Reports claim that the company could go under even this week

Energy crisis deepens as Zog Energy becomes 26th supplier to go bust

The supplier left 11,700 customers behind

ScottishPower boss predicts higher energy bills as a result of failures

Keith Anderson said that in April the price cap will go up by several hundred pounds

Industry responds to Bulb’s collapse into administration

Does Bulb’s failure mean that the energy sector will see darker days? What does the industry believe?

Faraday Grid enters administration

The firm, which aimed to commercialise its flow control devices and modernise the UK grid, has gone bust after running out of funding

Energy broker Utilitywise goes into administration

It has put around 570 jobs at risk

UK wave energy firm calls in administrators

A wave energy company based in Edinburgh has called in administrators. Aquamarine Power had been testing its ‘Oyster’ wave energy machines at the European Marine Energy Centre (EMEC) in Orkney. The economic climate however is said to have “significantly” affected the business. Aquamarine said its 14 employees would be retained as attempts are made to […]

UK solar energy firm axes 900 jobs

A solar energy company has gone into administration, with the loss of more than 900 jobs. Leicester-based Mark Group, which was founded in 1974, saw “heavy losses due to structural changes in core markets”, according to administrators Deloitte. The green energy company works with homeowners, businesses, local authorities and the construction industry to provide domestic […]

Ecotricity rescues British wind turbine firm from administration

Ecotricity has bought a British wind turbine manufacturer out of administration and aims to ensure its “innovative new windmill design” comes to market in the next 12 months. Evance’s new technology, which is expected to improve efficiency and cut costs for small turbines, is 90% through developing and is nearing the production stage, Ecotricity said. […]