THE outlook for solar energy subsidy in the UK has been obscured since the UK Government confirmed in October that feed-in tariffs (FITs) for solar photovoltaic (PV) technology would be cut, nearly doubling the payback period for householders.
A little over a year ago, a battle to gain control of one of Aberdeen's premier companies was in full swing, with a consortium of private-equity investors slugging it out against Halliburton.
In the current economic climate, the risk of companies becoming insolvent is rising rapidly. The move of Oilexco into administration has sent shock waves through an industry that has rarely seen insolvencies among operators.
