25 Sep '12, 12pm

Ploughcroft is not saying anything about reported lay-offs - details promised later this week

Rumours are circulating that Ploughcroft Renewables is carrying out major redundancies and may be trading under a different name within weeks. Industry news site Renewable Energy Installer reported yesterday that Ploughcroft managing director Chris Hopkins had broken the news to staff at the Yorkshire-based company on Friday. Postings on social media site Twitter suggested the company is facing serious financial difficulties. FURTHER READING Europe generating enough solar electricity to power Austria Scottish whisky-maker turns from drink to driving Hopkins refused to comment on the reports when asked by BusinessGreen , saying only that further details would be made available on Thursday. Ploughcroft installs solar panels, wind turbines, heat pumps, electric vehicle charging points, and energy efficiency measures. Last year, Hopkins raised £120,000 of funding for the compa...

Full article: http://www.businessgreen.com/bg/news/2207934/reports-plou...

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