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

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

Government research suggests that 13,700 people who were out of work in 2024 possess many of the skills required for key roles in the clean energy sector, such as engineering and skilled trades like building and construction. This could have a significant impact on communities across the UK, especially those that have been directly impacted by the decline in fossil fuel generation.
“Communities have long been calling out for a new generation of good industrial jobs. The clean energy jobs boom can answer that call […] Our plans will help create an economy in which there is no need to leave your hometown just to find a decent job. Thanks to this government’s commitment to clean energy, a generation of young people in our industrial heartlands can have well-paid secure jobs, from plumbers to electricians and welders.” – Ed Miliband, Energy Secretary
As a business operating within the renewable energy space, we are aware of the huge increase in skills needed to deliver the clean energy system of the future and wholeheartedly agree that the focus needs to be on both the current and future workforce. In fact, <a href="https://www.greencareershub.com/green-future/green-skills/">a 2024 survey by LinkedIn</a> found that “by 2050, there will be twice as many jobs requiring green skills as people qualified to fill them if today’s trends continue.”
At Thrive, as well as advocating for the transfer of skills from the oil and gas sector, we actively encourage students to consider the benefits of choosing a green career. In the past, this has included engagement days with social enterprises like Babassa, which helps young adults to realise their employment, enterprise and academic ambitions, irrespective of where they live, their nationality, ethnicity, gender, race, sexuality or faith. We also offer a summer internship to university undergraduates looking to understand more about the clean energy sector, supporting their exploration in areas such as IT, finance and investment.
With progress being made towards a more supportive policy framework, we sat down with several Thrive team members to find out what they love about working in sustainability and how we, as an industry, can support more workers to find their place within the evolving green economy.
&nbsp;
<img loading="lazy" decoding="async" class="alignleft wp-image-2406 size-medium" src="/wp-content/uploads/2024/05/Thrive-Open-Day-2022-69-300x200.jpg" alt="" width="300" height="200" srcset="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2024/05/Thrive-Open-Day-2022-69-300x200.jpg 300w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2024/05/Thrive-Open-Day-2022-69-1024x683.jpg 1024w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2024/05/Thrive-Open-Day-2022-69-768x512.jpg 768w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2024/05/Thrive-Open-Day-2022-69-1536x1024.jpg 1536w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2024/05/Thrive-Open-Day-2022-69-2048x1365.jpg 2048w" sizes="auto, (max-width: 300px) 100vw, 300px" />
Who are you and what’s your role at Thrive?
Monika Paplaczyk, Chief Investment Officer – I lead the investment team in the originating, development, acquisition and construction of Thrive’s projects, as well as manage the commercial aspects of the portfolio.
What made you choose renewable energy? 
After finishing my Masters degree (focused on sustainability), I joined a boutique consultancy in Edinburgh, Euro Access, specialising in accessing grant funding for infrastructure projects. I attended All-Energy in 2006 (which has since become one of the UK’s biggest renewable trade shows) and realised that joining the energy industry would be an excellent opportunity to apply my business and practical skills, as well as my interest in impact. The development of renewable projects like wind and solar also help to address inequalities in disadvantaged and rural communities, improving the economic outlook through the creation of new jobs.
What needs to be done to support more people in entering a green career?
I am particularly passionate about supporting more women to enter STEM subjects and jobs. For me, this starts with creating and encouraging more girls to join STEM programmes from a young age, as well as having better representation of successful women in STEM fields in the media. There was a great episode of the <a href="https://www.bbc.co.uk/programmes/p0f0k1fs">Big Green Money Show</a> where it followed a young woman who left behind a six-year career in hairdressing for a new life working on an offshore wind project. As an industry, there’s more we should be doing to ensure the next generation see examples that they can relate and aspire to – it can be as easy as using social media to champion female colleagues, engaging with a mentoring scheme or challenging gender biases in hiring and leadership.
<img loading="lazy" decoding="async" class="size-medium wp-image-8939 alignleft" src="/wp-content/uploads/2025/07/43-scaled-e1752835474669-300x202.jpg" alt="" width="300" height="202" srcset="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/07/43-scaled-e1752835474669-300x202.jpg 300w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/07/43-scaled-e1752835474669-1024x690.jpg 1024w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/07/43-scaled-e1752835474669-768x517.jpg 768w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/07/43-scaled-e1752835474669-1536x1034.jpg 1536w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/07/43-scaled-e1752835474669-2048x1379.jpg 2048w" sizes="auto, (max-width: 300px) 100vw, 300px" />
Who are you and what’s your role at Thrive? 
David Matheson, Senior Sustainability Analyst – I lead on measuring, monitoring, and enhancing Thrive’s environmental and social impact, overseeing our net zero and biodiversity strategies, and manage Thrive’s B Corp commitment.
What made you choose renewable energy?
I am driven by a desire to address real-world sustainability challenges. With a background in Conservation Biology and Ecology, I began my career in ecological consultancy before joining Thrive to focus on sustainability in a renewables context. Transitioning into the renewables sector broadened my expertise whilst allowing me to continue applying my ecological knowledge, particularly when working on the biodiversity strategies for our project sites. It’s incredibly rewarding to be a part of a sector that not only reduces our reliance on fossil fuels, but also provides opportunities to engage communities and contribute towards nature recovery too.
What needs to be done to support more people in entering a green career?
When I was choosing my A Levels, I was fortunate to be able to take Environmental Science as a subject. I really loved how it connected science with real world sustainability challenges, and it inspired me to pursue a career that would play a role in addressing these global issues. It deepened my understanding of the pressures facing the natural world and was quite a pivotal moment in my career journey. I believe educating people on these issues in an applied, problem-solving context like this can inspire them to get started on their path towards a green career. But by itself it isn’t enough – to really give people the chance to align their careers with the green transition, we need to offer them better career guidance, mentorship and hands on experience. This includes young people but importantly, it also needs to consider those who are looking to switch from existing careers into green jobs as the energy transition progresses.
<img loading="lazy" decoding="async" class="alignnone size-medium wp-image-9304" src="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/2-300x200.jpeg" alt="" width="300" height="200" srcset="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/2-300x200.jpeg 300w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/2-1024x683.jpeg 1024w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/2-768x512.jpeg 768w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/2-1536x1024.jpeg 1536w, https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/2-2048x1365.jpeg 2048w" sizes="auto, (max-width: 300px) 100vw, 300px" />
Who are you and what’s your role at Thrive?
Alex Lomax, Communications Manager – I am responsible for driving awareness of who Thrive is and what we do, ensuring that all activity aligns with our brand and mission of empowering people to come together and take action against the climate emergency.
What made you choose renewable energy?
I had been working in PR and communications for several years and had got to a point where I wanted the stories that I was telling to reflect more of my own values. I’d been working on a global clean energy podcast in a previous role and really enjoyed it. From then, I knew that I wanted to use my skills to help accelerate the transition here in the UK.
What needs to be done to support more people in entering a green career?
We need to be clarifying what “green skills” means before people start entering the job market. Working in renewable energy, for example, doesn’t have to mean being a turbine engineer or solar panel installer. You might be an excellent collaborator, able to communicate well, or think critically – all these skills are needed and can be applied to a wide variety of roles, from project manager through to web developer. I think it’s important that career guidance supports students to be aware of and understand the breadth of roles that are available to them under the ‘green jobs’ umbrella – something I didn’t have when leaving college or university.
&nbsp;
&nbsp;

Newsletter CTA

20240130trbabbasaday-23

20240130TRBabbasaDay-23

The Government has announced a national plan to train people for an extra 400,000 green jobs in the next five years. 

Clean Energy Jobs Plan – the future of the workforce is green

An on-site mixing plant was used to reduce vehicle use in the local area and boost efficiency. Construction materials for the civil works have also been sourced locally. The works are being headed up by Scottish based construction company I &amp; H Brown.

Whitelaw Brae is on track to start generating clean electricity by 2026. Once operational, it will be capable of generating enough clean electricity for around 45,000 homes a year.

2bf60905-b087-4917-8172-ecc587b1fe04

Construction of our 57MW onshore wind farm has reached a new milestone.  

Foundations for a greener future: bases laid for Whitelaw Brae - our biggest project yet

Last week the Climate Change Committee warned that we must prepare for a world hotter than 2°C by 2050. But we’re already seeing an increase in extreme weather events. The physical impacts of climate change cost the global economy at least <a href="https://www.businessgreen.com/news/4520285/study-annual-climate-losses-rise-fold-century-usd14tr-last">$1.4 trillion last year</a> and have risen 10-fold since the turn of the century.  
Without new renewables in the UK, we’ll continue to import billions of pounds worth of gas to meet the rising demand for electricity, priced on volatile international markets, leaving billpayers exposed to unnecessarily high prices. In 2022, we saw the single biggest energy subsidy in the UK’s history when the Government spent <a href="https://obr.uk/box/the-cost-of-the-governments-energy-support-policies/">over £40 billion subsidising the cost of gas</a> to shield consumers from skyrocketing bills.  
And let’s not forget that gas resources are finite. According to RenewableUK, if the UK were to meet its rapidly increasing electricity demand in the coming decade without new renewables, it would need to more than double its gas imports. There is no credible way the UK could source this gas through additional North Sea extraction. Even if every potential North Sea discovery was brought into production, it is estimated that this <a href="https://www.renewableuk.com/news-and-resources/blog/can-north-sea-oil-and-gas-really-power-britain-s-future/">would only be sufficient to meet between 5% and 10% of the country’s electricity demand</a> by the early 2030s.  
In contrast, renewables provide a homegrown, low cost means to meet rising demand. Wind and solar offer a stable price of electricity, unlike gas, which changes based on the international market. But because of the UK’s current market pricing system, gas sets electricity prices in the UK so billpayers don’t benefit. Research suggests that reducing emissions by 87% by 2040 <a href="https://www.carbonbrief.org/ccc-reducing-emissions-87-by-2040-would-help-cut-household-costs-by-1400/">could help cut household costs by £1,400</a>. And wind and solar are already supplying a large chunk of our electricity demand. Last year renewables provided more than half of the UK’s electricity needs, with wind generating around 30% of total demand.  
Not to mention the huge economic opportunity we’d be missing out on by dampening net zero ambitions – the UK’s wind industry alone <a href="https://www.renewableuk.com/news-and-resources/publications/wind-industry-skills-intelligence-report-2025/">employs around 55,000 people</a> in high value jobs, a figure that is expected to rise to over 110,000 by 2030. And just this week the government announced plans to create an extra 400,000 clean energy jobs by the end of the decade. It’s also estimated that over the past ten years <a href="https://www.renewableuk.com/news-and-resources/press-releases/uk-wind-industry-celebrates-decade-of-growth-with-nearly-2-000-companies-now-in-the-sector-s-supply-chain/">more than £550 million</a> has already been locally invested through Community Benefit Funds (payments made by developers of renewable energy infrastructure to the local community). This figure is expected to rise to £150 million annually if Government ambitions to 2030 are met.  
Tackling climate change comes with costs, but what we can see here is that the price of inaction is likely to prove far greater. The cost of adapting to rising sea levels and other climate impacts, plus the disruption of dealing with man-made ‘natural disasters’, will dwarf the opportunity to implement net zero. So, amongst the noise let’s not lose sight of the huge opportunity we have to build a cleaner, more prosperous future for people and planet.

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

30 Oct 2025

28 Oct 2025

24 Oct 2025