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 […]

US renewable giant snaps up UK company

A UK energy solutions provider has been snapped up by US renewable company SunEdison. Leicester-based Mark Group offers solar, heating and insulation technologies to around two million customers in the UK. The deal will allow SunEdison to offer additional energy products and services directly to consumers, the company said. Vikas Desai, SunEdison residential and small […]

670 insulation jobs axed at Mark Group

Leicestershire-based insulation business Mark Group is axing 670 jobs, blaming a drop in demand for household insulation on government policy. The redundancies make up roughly a quarter of its UK workforce. Mark Group pointed to changes to the Energy Companies Obligation (ECO) scheme and the Green Deal Home Improvement Fund (GDHIF). The costs of ECO were […]

De Montfort University hopes for sunny energy savings of £25k

De Montfort University in Leicester has installed 502 solar panels on three of its main buildings (pictured). With 22,000 students and 2,700 staff, the academic institute expects to save around £25,500 on its annual electricity bills after the move. After spending £180,000 on the panels, the energy savings should help it break even in seven […]

UK sends first green trade delegation to US

Climate Change Minister Greg Barker will today lead the UK’s first green trade mission to the US. Wind turbine installers, a brewery and an insurance company will be among six companies joining Mr Barker on the five day trip, which will visit Washington, Philadelphia, Charlotte in North Carolina and Columbia in South Carolina. Mr Barker […]