administration

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

Reports claim that the company could go under even this week

The supplier left 11,700 customers behind

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

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

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

It has put around 570 jobs at risk

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 […]

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 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. […]