Thrive Renewables and Aura Power are launching a joint venture today that will offer thousands of UK businesses the chance to use battery energy storage systems to cut electricity bills at no cost to themselves.
Over 400 individuals raise an impressive £2.8m in just two weeks to refinance the Mean Moor community wind farm in Cumbria. It’s thought to be the first wind farm in the country to be transferred to community ownership from a commercial developer.
Three renewable energy co-operatives, High Winds Community Energy Society, together with Baywind Energy and Energy Prospects, and with the support of the ethical investment company Thrive Renewables, have acquired the Mean Moor wind farm in Cumbria.
With over 20 years in sustainable investment, Thrive Renewables, (previously Triodos Renewables) has provided mezzanine loans for two wind farms in Scotland that will have a combined total capacity of 11.5MW which will generate and deliver clean, smart energy to the UK grid.
Thrive Renewables Plc (Thrive) bond offer, promoted by ethical lender, Triodos Bank and available for the first time through an Innovative Finance ISA (IFISA) with Abundance, attracts over 900 everyday investors, from all walks of life, and funds £10M of renewable energy projects.