A number of business units within UK renewables developer Lark Energy have been shuttered and a number of jobs lost following what it has described as a “re-organisation”.
However the firm has equally insisted that some capabilities – predominantly the firm’s O&M outfit – will continue to operate.
Documents filed with Companies House last week show that the entity formerly named Lark Energy and now known as Renewables Solar (UK) Limited appointed PFK Cooper Parry as its voluntary liquidator.
Other units formerly attached to Lark Energy names – Renewables Solar (UK) Commercial and Renewables Solar (UK) Construction – have also filed for liquidation.
This recent development follows an entirely separate business entity – Lark Energy Limited – having been incorporated within the Larkfleet Group by Larkfleet chief executive Karl Hick in early May.
A statement issued to Solar Power Portal this afternoon confirmed the insolvency proceedings. SPP understands that between 10 and 20 people have lost their jobs at Lark Energy, with around 20 to remain in employment, predominantly within its O&M team.
“I can confirm that a number of people have lost their jobs as a result of re-organisation.
“This is clearly a blow to our former colleagues who are now unemployed and we will do all that we can to assist them in finding jobs elsewhere.
“Existing contracts supporting customers in, for example, the operation and maintenance of solar power farms will continue without interruption to the service,” A Lark Energy spokesman said.
Lark has like many renewables companies in the UK to have filed for insolvency pointed at the contraction of solar deployment in the face of subsidy cuts.
“The state of the industry, resulting from cuts in government support for solar power, means that our group companies Renewables Solar (UK), Renewables Solar (UK) Commercial and Renewables Solar (UK) Construction will cease trading. These businesses have been trading unprofitably for some time and the losses have become unsustainable.
“Figures from the Solar Trade Association show that the total amount of new solar power being installed in the UK dropped from around 2,000 MW per month in the first quarter of 2015 to less than 50 MW per month in the first quarter of this year. More than half of the 35,000 jobs which the industry previously supported had already been lost by June 2016, the latest date for which figures are available,” the spokesman added.
Earlier this week the Renewable Energy Association’s annual report also highlighted that solar had been particularly hard hit by what it termed a policy “bonfire”, revealing a significant decline in the sector turnover and employment numbers.