SunEdison acquires Mark Group to boost UK rooftop foothold

Facebook
Twitter
LinkedIn
Reddit
Email

SunEdison has continued its acquisition spree with the purchase of UK-based energy provider, Mark Group, for an undisclosed fee.

The acquisition of Mark Group gives SunEdison a direct sales channel to the UK domestic and commercial market. Mark Group is estimated to have an existing customer base of around two million.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

SunEdison entered the UK domestic and commercial solar space at the beginning of this year, bringing to market two PPA offerings. Mark Group was one of SunEdison’s UK partners offering the company’s domestic SunEdison Energy Saver Plan.

“Mark Group is a seasoned leader in delivering energy efficient solutions to homeowners and businesses in the UK, and this acquisition will enable SunEdison to offer additional energy solutions, products, and services directly to customers,” explained Vikas Desai, SunEdison senior vice president of residential and small commercial.

“By establishing a direct sales channel in the UK, we are augmenting our existing installation partner network to meet the growing demand for solar in this market.”

However, the acquisition also provides SunEdison to expand its offering away from solar PV. Desai explained: “As we rapidly scale our business globally, we see the Mark Group expanding SunEdison's expertise and bandwidth in the consumer energy efficiency market, an excellent complement to our residential and commercial distributed solar business.”

Bill Rumble, chief commercial officer at Mark Group said that the acquisition would give the company “the opportunity to deliver even greater value to our customers, helping them to enjoy long-term benefits from insulation, solar power and other expertly installed energy products”.

SunEdison has also been very active in the UK ground-mount solar sector, securing its position as one of the top-three utility, ground-mount solar players.

The acquisition of Mark Group mirrors SunEdison’s US$2.2 billion acquisition of US residential PV provider, Vivint Solar on Monday. SunEdison sad that the move would support its residential solar push, both in the US and globally.

Read Next

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines