The move comes as the government proposed 87% cut to the domestic feed-in tariff for solar energy.
In August this year, the UK Department of Energy and Climate Change proposed to cut the tariff paid for electricity generated by solar rooftop panels from 12.4p to 1.6p as of January 2016.
Solar Trade Association CEO Paul Barwell said: "This is terrible news for the UK solar industry. The consultation has not even closed, and businesses are already going under – despite the fact that the Government claim this is a ‘real’ consultation. Mark Group going into administration will also cause serious knock on effects in the supply chain."
"Surely this will set alarm bells ringing for the Government? Jobs matter, and there are 27,000 at stake. We are preparing alternative solutions and will be working with decision makers to discuss our alternative proposal for more structured, steady and workable reductions to support."
According to a study revealed by the Solar Trade Association, up to 27,000 jobs in the solar energy sector could be slashed due to the cuts in domestic feed-in tariff for solar energy.
Due to the high risk of solar losses, an alliance of organizations ranging from the National Farmers Union, the Confederation of British Industry, social housing providers and local authorities requested the government to urgently reconsider its proposed cuts.
