Takeover of 17-year-old Perth firm comes amid surging demand for solar panels

Solar Kingdom, which was established in 2009 and has 17 years of trading history in domestic solar installations, will now be owned and operated within Musselburgh-headquartered Gensource Group.

The acquisition is the first one completed by Gensource since being founded by Josh King and Robert Wilson towards the end of 2022.

All jobs and assets have been fully retained as part of the deal, for an undisclosed sum, including Solar Kingdom’s Perth office, which extends Gensource’s service reach across Scotland.

Solar Kingdom owner Gregor Thake has joined the Gensource board as an executive director, assuming the role of technical delivery director.

The deal comes amid concerns over the effects that the ongoing energy crisis could have on householders’ costs, with Gensource now in a position to help meet the rising demand for solar panels.

King, who is managing director of Gensource, said: “Solar Kingdom has built a trusted reputation in home energy over many years. Bringing that expertise into the Gensource Group strengthens our ability to deliver high-quality residential solar, storage, EV charging and heat pumps across Scotland.

“We’re not changing what customers value - we’re scaling it. By bringing domestic and commercial capability under one group, we can improve coverage, responsiveness and customer support, while keeping the Solar Kingdom experience people trust.”

The two companies have collaborated on previous projects and Thake said taking that partnership to the next level was an obvious step.

“Since being introduced to Gensource, I have been impressed with how they go about their business,” he said. “They have demonstrated they are excellent at what they do and their growing client base is testimony to that.

“When this opportunity came along, it was one I couldn’t ignore. It made complete sense and I’m looking forward to strengthening the offering from Gensource.

“Solar Kingdom customers will continue to be supported through the same channels, with warranties and service obligations unchanged - now with the added backing and resourcing of the wider Gensource Group.”