With the addition of three new wind projects, combined with good wind resources in 2015, this allowed Thrive Renewables’ to generate a total of 169,485MWh of renewable energy,  26% more than the 134,480MWh generated in 2014.

The 2015 generation is equivalent to satisfying the electricity demand of 41,187  UK homes (32,080: 2014).

2015 highlights

• 169, 485MWh – the amount of green energy we generated
• 41,187 –  number of equivalent UK homes powered from our wind farms
• 3 – new projects built (two in Aberdeenshire (100% ownership) and Boardinghouse (75% ownership)
• £14,000 – donations for energy improvements in community buildings and community funding at Wern Ddu site supporting local initiatives
• 12.83 tonnes CO₂ – saved per year by an average shareholder (based on 3,800 shares)
• 15% – growth in our shareholder base
• 7 – homes powered with renewable electricity by every shareholder

Operational highlights

• The company’s operational generating capacity grew by 17%, from 54.8MW in 2014 to 64.1MW in 2015.
• The energisation of Boardinghouse, Auchtygills and Clayfords added 11.85MW (9.3MW when adjusted for Thrive’s ownership) to the portfolio.
• Additionally, in November 2015 the Thrive Renewables provided a £2.7m mezzanine debt facility to Renewable Energy Ventures (Gevens) Limited. The £2.7m facility bridges a funding gap, allowing the developer to continue to own and realise the three turbine 6.9MW wind project located in Fife, Scotland. The project’s construction is on schedule and due to commence operations in autumn 2016.