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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.

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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="https://cms-admin.thriverenewables.co.uk/risk-summary/" target="_blank" rel="noopener">Take 2 mins to learn more</a>.

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In <a href="https://www.positive.news/environment/energy/the-bristol-council-estate-building-englands-largest-wind-turbine/">our latest article with Positive News UK</a>, you can read more about Thrive’s work with Ambition Lawrence Weston – the pioneering community group behind England’s largest wind turbine – and why it should act as a shining light for other communities across the UK who want to follow suit.

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Thrive’s Managing Director, Matthew, discusses this landmark project, the power of community energy and why onshore wind should be used to help end the UK’s dependence on dirty fossil fuels.

Positive News UK: The Bristol community building England's largest wind turbine

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.

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 Amongst growing controversy about the cost of net zero, we examine the even greater cost of climate inaction.  

Scrap net zero? Here’s what it will cost

Our <a href="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/Thrive-Climate-Report-2024-FINAL.pdf" target="_blank" rel="noopener">latest climate report</a> shows good progress on our path to net zero.. Highlights include: 
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="4" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">Maintained our scope 1 and 2 emissions at zero (down from a baseline of 2.8 tCO2e in 2019).  </li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">For the third year running, we have reported comprehensive emissions estimates across our 7 relevant scope 3 categories, which include all areas relating to the construction and operation of our sustainable energy sites.  </li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">Reduced the carbon intensity of our business travel by a further 14% in 2024 compared to 2023. In 2024 80% of our business miles were travelled by train.   </li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="2" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">Calculated our avoided emissions (sometimes referred to as scope 4) to illustrate the wider carbon impact of the business.  </li>
</ul>
Emission reductions are the emissions ‘avoided’ from the operation of our portfolio of clean energy projects. 
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 <img decoding="async" src="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2025/10/EmissionsGraph2024.png" />
2022 and 2024 were very successful years in terms of project development, reflected in our reported emissions, which included the construction footprint of three new clean energy projects in both years. By comparison in 2023, our reported emissions only include the construction of one small rooftop project. Despite this yearly variation in our highest emissions area, it is useful to see how much greater our avoided emissions are in any given year.  
We also maximise the amount of clean electricity generated by older projects through repair and overhaul activities. In late 2024, we replaced the nacelle and blades of Ness Point wind turbine, after nearly 20 years of operation. Although this was Thrive’s most significant overhaul in 2024, the associated carbon footprint reflected a strategic investment toward achieving future emission reductions consistent with our climate-positive mission. The avoided emissions from the turbine’s generation in the last two months of 2024 were over five times greater than the footprint of the overhaul itself, and the turbine is expected to continue to operate reliably for many years to come.

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Our positive contribution to reducing UK emissions far outweighs our carbon footprint. But we take responsibility for the emissions we make in the course of our operations. 

Scope 1 & 2 emissions stay at zero and travel emissions drop again – dive into our latest climate report

An expansion of the highly respected Global Good Awards, these new award categories recognise the role of financial sector leadership in sustainable and ethical practices.
One of the comments from the judging panel included:
“It is inspiring to see how the team at Thrive Renewables has developed and funded community energy projects in partnership with others, often in the face of headwinds for the sector. It is also impressive to see how Thrive has sought to support the wider sector by producing guidance for community energy projects. The team deserves recognition for its achievements in enabling renewable energy projects of various kinds through its innovative approach to financing.”
As you may have seen from <a href="/news/2025/09/half-year-results-2025-strong-progress-made-on-growth-plan">our recent half year results</a>, we’ve had a particularly busy 12 months. This includes the acquisition of three new projects, including our biggest project to date – a 57MW onshore wind farm in Scotland, and partnering with Better Society Capital on a £40 million joint venture to fund community-owned wind and solar projects.

The evening was a brilliant celebration of sustainable business, and we were so inspired to hear about the other brilliant companies and initiatives recognised on the night (shout out to our friends over at Triodos Bank UK which took home gold for Finance Trailblazer of the Year!). It was also great to see the awards living and breathing its values, maintaining its seven-year tradition of exclusively plant-based catering, encouraging preloved attire, and actively discouraging air travel for attendees wherever possible.
Since 2018, the Global Good Awards has maintained its &#8216;Outstanding&#8217; accreditation from the Awards Trust Mark – the first awards programme globally to achieve this distinction – reflecting its dedication to the highest standards of integrity and openness.

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