Cookies are small text files that are placed on your device by websites that you visit. If you click accept, we will use cookies that track your activity across other websites, help improve your browsing experience and serve you personalised content.
If you click decline, we will only use essential cookies that are required for our website to work properly. For more information or to change your preferences, please read our Cookie policy <a href="/cookie-policy/">cookie policy</a>.

Find out more

Link

Investors

Dev Links

Buy and sell shares

Shareholders

Bonds

Overview

2025 half year report

2024 annual report

Projects

Quick Links

From South Cornwall to Orkney, from onshore wind and solar to geothermal, our diverse portfolio of clean energy projects spans the whole of the UK.

Operational

Under construction

Legacy

Impact

As one of the UK’s highest scoring B Corps, we are committed to using our business as a force for good.

Our approach

Community support

30 years Thriving

Project funding

Thrive brings together flexible funding models, proven technologies, and problem-solving people to turn your clean energy project into a reality.

Funding for

Case studies

About

Thrive exists to tackle the climate emergency, working with investors, developers, businesses and communities to fund, build and operate clean energy projects since 1994.

About us

Governance

View all

News

Find out more about our new projects, events and industry insight. 

News 

Useful Documents

News and insight

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. <a href="/risk-summary/" target="_blank" rel="noopener">Take 2 mins to learn more</a>.

Sign up to our newsletter to be one of the first to hear about new projects, events and industry insight. Your data will be processed in line with Thrive’s privacy policy, available <a href="/privacy-policy/">here</a>.

Newsletter - thank you

Be part of the clean energy movement

We will be providing the business with a loan of up to £20 million, with the first stage of funding being used for four solar PV projects in England and Scotland (128MW in total), with one currently in construction.
Through various partnerships, Ethical Power owns solar and battery energy storage projects at different stages of development and construction, including two large solar and BESS projects. The company is the principal engineering, procurement and construction (EPC) contractor on these projects, which enables optimal design, streamlined delivery and the most effective use of the resources from development to operation.

Ethical Power got in touch with us as it was looking for additional capital to fund its share of a healthy pipeline of large-scale ground mount solar and battery storage sites, totalling 178MW.

contact-us

Get in touch with a member of our investment team

View all news

Latest news

Sign up to our newsletter to be one of the first to hear about new projects, events and industry insight. Your data will be processed in line with Thrive’s privacy policy, available <a href="/privacy-policy/">here</a>.

ethical-power-project

Ethical Power project

We’re providing the business with a loan of up to £20 million to help fund its share of a pipeline of large scale solar and storage projects.

 Funding Ethical Power’s solar pipeline

Ethical Power case study

The two 2.5MW turbines, which were previously owned by RWE, are central to the plan to revitalise one of the UK’s pioneering wind farm locations. Burgar Hill was home to some of the world’s first multi- megawatt wind turbines and acted as a crucial testbed for onshore wind in the 1980s. It’s also home to one of Thrive’s oldest wind turbines – Sigurd &#8211; which has been operational since the early 2000s.  
Subject to obtaining necessary planning consents, <a href="http://www.burgarhillenergy.co.uk/" target="_blank" rel="noopener">the repowering project</a> is expected to have an installed generation capacity of up to 30MW which would deliver an estimated £150,000 in annual community benefits each year, aiming to create a lasting positive impact for surrounding communities.

In 2023 Thrive replaced the blades on our Sigurd turbine on Burgar Hill, which had reached the end of their life, working with ReBlade to repurpose them into useful items like bike shelters and EV charging stations &#8211; becoming one of the first UK companies to decommission wind turbine blades using circular economy principles.

Newsletter CTA

wind-farm-site-at-burgar-hill-orkney-1

Wind farm site at Burgar Hill, Orkney (1)

A crucial next step in plans to revitalise one of the UK’s pioneering wind farm locations.  

Thrive’s joint venture, Burgar Hill Energy, acquires two turbines as part of proposed 30MW repowering project in Orkney

Here are some of the commitments we’re most pleased to see:
<h4>“Bottom-up” approach to the energy transition</h4>
Thrive was established 30 years ago to nurture and develop a bottom-up, peopled-powered approach to the energy transition, bringing together individuals, organisations and communities to get new clean energy projects built. So needless to say, we’re really pleased to see the vision of a people-powered energy system outlined in the Local Power Plan. More than just wires and turbines, community energy is power that is owned and controlled by communities themselves, where the benefits stay local. It’s energy by the people, for the people. We know this approach works – projects like the Ambition Community Energy (ACE) wind turbine, which is name-checked in the plan, are evidence of that. The ACE turbine in Bristol which Thrive helped fund is doing more than just deliver megawatts – as proud owners of England’s largest onshore wind turbine, it’s giving local residents in Lawrence Weston an active role in transforming the UK’s energy system, whilst providing a new local revenue stream.

Imagine what the impact could be if we could have the equivalent of an ACE turbine in every neighbourhood across the UK? That‘s the government’s ambition by 2030 – let’s hope it delivers.
<h4>Support for shared ownership</h4>
It’s encouraging to see a commitment to boosting shared ownership – enabling communities to take a stake in clean energy projects in their area. Shared ownership gives communities access to projects that are expertly developed and ready to go, including larger projects with more secure revenue streams.  Depending on the size of their stake, communities may have the opportunity to influence how a project operates. Since offering shared ownership in our first ever wind farm in the 90s, we’ve been committed to helping communities take ownership of energy on their doorstep. Now we’ve offering the community a share of every new project we acquire &#8211; currently exploring shared ownership opportunities at Dunmow solar farm in Essex which became operational last year and Abergorki wind farm which is being developed in South Wales.
<h4>Unlocking funding and capacity through collaboration</h4>
Community energy schemes generate 12 times the local economic value of commercial projects, yet currently generate only 0.5% the UK’s electricity. The sector is grappling with a lack of access to flexible funding, and a capacity and skills gap. The Local Power Plan promises to address the capacity gap, through developing new service models with tools and advice for communities to access, plus creating a strong partnership network across local, national and commercial bodies. It also intends to “crowd in” private investment. How this will be achieved is still not fully clear, but it is positive to see the government recognise the importance of a collaborative approach to rolling out community energy projects.
Our joint venture with Better Society Capital, Community Energy Catalyst (CEC), provides a working model of how collaborative finance can help more communities own projects in their area. The initiative provides flexible funding to complement government grants and other sources of finance, plus industry specific skills and expertise. CEC will help support the ambitions of the Local Power Plan by providing the flexible funding community energy groups need to bring projects to fruition.
<h4>Now is the time to Up the Energy</h4>
The commitments made in the Local Power Plan have the potential to transform the community energy sector. But at the moment, they are still just commitments. What we need to see now is regulatory changes in practice to remove the barriers that are preventing the sector from accelerating at pace. We’re particularly concerned to see more detail on how government intends to support communities in establishing clearer routes to sell locally generated power – as this is crucial for attracting investment from the private sector and ensuring the benefits of local energy are maximised for the host communities.
With the backing of organisations across the UK, including Thrive, Community Energy England are asking government to turn words into action by removing barriers to community energy and strengthening support. Find out more about their Up the Energy campaign <a href="https://uptheenergy.co.uk/" target="_blank" rel="noopener">here</a>.

chris-watt-photography_308

Chris Watt Photography_308

The spotlight’s on community energy. Now is the time to build on this momentum.

More than wires and turbines – what the Local Power Plan means for community energy

A CfD is a long term contract between a renewable electricity generator, such as a wind or solar farm, and the government. The contract guarantees the generator with a stable price for the electricity they produce, known as a “strike price”, over 20 years, regardless of market fluctuations. When market prices are higher than the strike price, the generator pays the surplus back, and vice versa when market prices fall below the strike price. The revenue stability encourages investment into UK renewables, increasing energy security, and allows projects to decrease the cost of funding ultimately lowering the cost of energy. Onshore wind is much more cost-effective for billpayers at £72.24 per MWh, compared to gas at £147 per MWh.  
Renewable UK estimates that the new onshore wind farms that won contracts in AR7 will generate enough clean electricity to power over 1.2 million homes. Plus generate more than £6.5 million in community benefit funds for people living near them.

The CfD will help unlock the long-term potential of Whitelaw Brae wind farm, our biggest project yet, which is due to complete construction this year. Most of the 14 concrete bases for the turbines are now in place, with the access tracks and cabling for the grid connection route completed. Building work also started on the substation, with turbine deliveries expected to start in spring. Once operational, Whitelaw Braw wind farm will help sustainably power over 45,000 average UK homes a year. [2] 
Drumduff wind farm which we co-own and operate with GreenPower also secured a CfD to support a new 6 turbine site extension.
&nbsp;
[1] Based on an export capacity of 57MW and a payment of £5,000/MW, the annual payment will be £285,000, which over 30 years would total £8.55m. This is before indexation, which will also be applied.
[2] Homes equivalent is calculated using the most recent statistics from DESNZ showing that annual GB average domestic household consumption is 3,323kWh (as of December 2025, updated annually). <a href="https://assets.publishing.service.gov.uk/media/6945728a033693d5d50eb83d/subnational-electricity-and-gas-consumption-summary-report-2024.pdf" target="_blank" rel="noopener">https://assets.publishing.service.gov.uk/ media/6945728a033693d5d50eb83d/subnational-electricity-andgasconsumption-summary-report-2024.pdf </a>

Funding Ethical Power’s solar pipeline

We’re providing the business with a loan of up to £20 million to help fund its share of a pipeline of large scale solar and storage projects.

Get in touch with a member of our investment team

Latest news

19 Feb 2026

13 Feb 2026

12 Feb 2026