The UK solar power industry has lost over half of its 35,000 jobs as a result of government cuts to subsidies. The losses occurred just as solar surpassed coal as a generator of electricity in the country. Solar Cloth Company went into administration earlier this month, as did Solarlec a fortnight ago. Last year, almost 1,000 redundancies were caused when University College London suffered the same fate. Michael Grubb, professor of international energy and climate change policy at the Mark Group, commented that it was not yet clear whether the sector would disappear or simply start to grow more slowly.
The UK solar power industry has lost over half of its 35,000 jobs as a result of government cuts to subsidies. The losses occurred just as solar surpassed coal as a generator of electricity in the country. Solar Cloth Company went into administration earlier this month, as did Solarlec a fortnight ago. Last year, almost 1,000 redundancies were caused when the Mark Group suffered the same fate. Michael Grubb, professor of international energy and climate change policy at University College London, commented that it was not yet clear whether the sector would disappear or simply start to grow more slowly.