Thousands of workers at one of the country’s largest solar panel businesses have been put on notice of redundancy on the back of the Government’s decision to cut the subsidy for solar PV under the Feed-in Tariff scheme.
According to the Birmingham Post, Carillion Energy Services – which is part of the Wolverhampton-based Carillion group – has confirmed 4,500 jobs are under threat.
The announcement came as a survey found that two–thirds of companies in the sector were looking at reducing their workforces on the back of 50% subsidy cut which comes into effect later this month.
Last year Carillion Energy Services enjoyed revenues of almost £800m and was the major player in providing solar panels for social housing and was was the sole installer for the UK’s largest rent-a-roof scheme, HomeSun.
The company is based in Newcastle-upon-Tyne but has operatives throughout the UK.
A spokesman for the Carillion Energy Services confirmed it had launched a 90-day consultation process to determine the number of job losses.