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

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Latest news

The new initiative, Community Energy Catalyst, will support local communities to build their own clean energy infrastructure or secure stakes in larger regional renewable energy schemes. Fair Play Clean Energy, Thrive’s existing joint venture with Top Cashback Sustainability Ltd, will provide £20 million of the investment, with Better Society Capital providing matched funding.
Community Energy Catalyst will make investments ranging between £0.5 million to £30 million in individual projects which are at least 1MW in size and employ proven technologies such as onshore and offshore wind, solar PV and hydro-electric. The joint venture will target late-stage development projects that have already secured planning consent, enabling them to advance through to construction, commissioning and operation while aligning with local objectives.
As well as funding, Thrive brings 30 years of experience financing, building and operating clean energy projects in the UK, and will provide support to community energy groups during key milestones such as procurement and grid connection.
When we created our award-winning community funding bridge in 2017, it was the first of its kind. Eight years later we’ve invested over £21 million into seven community energy projects, including £4 million to build England’s largest onshore wind turbine, which is 100% owned by the community in our home city of Bristol.

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ACE_June_2024-6

Funding partnership with Better Society Capital will help more communities to own their own projects or take a stake in a larger project in their local area.

We’re partnering with the UK’s leading social impact investor to mobilise £40 million for community-owned energy projects

Featured

The battery will provide important flexibility to the UK energy system, as the country looks at how it can scale up renewable deployment in the wake of COP26. Helping to balance the variability that comes from natural sources such as wind and solar, the battery is charged when clean energy is abundant and exports it back to the grid during peak times.
Battery projects such as Wicken will play a supporting role in the UK’s efforts to decarbonise the electricity system by 2035, while we are also invested in a 20MW project at Feeder Road in Bristol – which is expected to commence operations in 2022.

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Wicken

Wicken is now fully operational and providing much needed flexibility to the grid as we work towards a zero-carbon future.

First battery storage project commissioned

With the support of Centre for Sustainable Energy (CSE), we have now awarded over £29,000 in grants to local communities, helping them to make shared buildings more accessible through energy efficiency and sustainability improvements.
As part of the process, applicants completed a full energy survey of the building using guidance from CSE, which helped to identify potential improvements, including zero-cost measures, and calculate carbon and cost savings. From insulation and draught proofing to improved heating measures and LED lighting, we have awarded up to £4k in grants each to:
<ul>
<li>Alfriston War Memorial Hall, Alfriston – East Sussex</li>
<li>Pill Village Hall &amp; Community Centre, Pill – Bristol</li>
<li>St Mary’s Centre, Whicam – Newcastle upon Tyne</li>
<li>Bedfield &amp; Monk Soham Community Club, Bedfield – Suffolk</li>
<li>Impact Initiatives, Brighton</li>
<li>Halton Community Association, Halton – Lancaster</li>
<li>St Peter&#8217;s Church, March – Cambridgeshire</li>
<li>Shutlanger Village Hall Charity, Shutlanger – Northamptonshire</li>
<li>Strichen Community Park, Strichen – Fraserburgh</li>
<li>Holy Trinity Nailsea Church, Nailsea – Bristol</li>
</ul>

Due to the Covid-19 pandemic, last year we repurposed our Community Benefit Programme and added savings made on business travel to meet the urgent needs of the communities who host our projects – donating £39,050 to organisations fighting poverty, loneliness and supporting education. This included foodbanks, a care home to provide iPads to residents enabling them to speak to their loved ones, a baby bank providing essentials to new families experiencing poverty, and a local school to support home learning.
With round five included, we’ve awarded 41 grants to 33 buildings, totalling close to £120,000. These improvements save 68 tonnes of carbon dioxide each year.

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Caton Moor

We’re awarding over £29,000 in grants to make community buildings warm & cosy this Christmas and beyond. 

Thrive’s Community Benefit Programme reports record number of entries

The #FacesoftheEnergyTransition campaign is being supported by the COP26 and Race to Zero digital channels, with Monika discussing the huge influence her first All-Energy conference had on her career, as well as her hopes for a clean energy future.
Watch Monika’s video in full below, with special thanks to Regen and the other companies supporting the campaign including Energy UK, The Association for Decentralised Energy, Energy Networks Association, Global Wind Energy Council (GWEC), REA, RenewableUK, Solar Energy UK, Community Energy England and Electricity Storage Network.

Monika Paplaczyk, Investment Director, Thrive Renewables

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Monika Paplaczyk Thrive Renewables

Faces of the Energy Transition

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Thrive renewables open day in Avonmouth. September 2022.

Hear from our investment director, Monika Paplacyzk, about her journey within the renewables sector as part of a new campaign showcasing some of the inspiring women behind the energy transition.

Joining the #FacesoftheEnergyTransition campaign

It was great to be able to reconnect with likeminded businesses and celebrate all the work that has gone into shifting the business dial towards better environmental and social performance over the last 12 months. Now in its 11th year, the BusinessGreen Leaders Awards aims to recognise the inspiring businesses and individuals driving the transition towards a sustainable net zero emission economy.
For more information on the awards and the lucky winners on the night, read BusinessGreen’s article <a href="https://www.businessgreen.com/news/4037548/businessgreen-leaders-awards-2021-winner">here</a>.

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BGLA2021_Winner_ESGInvestoroftheYear

We headed to London to celebrate all the groundbreaking work happening within the sector.

Thrive wins coveted BusinessGreen Leaders Award

Due to the weather conditions during the first half of the year – Q2 2021 was one of the least windy on record – and also essential maintenance on some of our larger projects, there was a year-on-year reduction in the amount of electricity we generated.
Because of this, we have also reported lower financial results compared to the same period last year, with a half year operating profit of £0.9m on a turnover of £4.99m. Full details of Thrive’s financial performance and impact in 2020 can be downloaded via our <a href="/documents/2020-annual-report/">Annual Report</a>.
We are continuing to make the planned investment to our current portfolio and expect to see growth in the second half of the year. There has been good progress in the development, construction and commissioning of our new battery storage, geothermal and industrial solar rooftop investments during H1. In particular, the United Downs site in Cornwall has produced geothermal steam at 175°C, while high levels of lithium have been found in its geothermal waters – showing huge potential to supply electric vehicle battery manufacture.

Shareholders received a final dividend of 7p per share for 2020, which was paid in July 2021. We also successfully repaid the Thrive Renewables (Buchan) bond in July, where investments were used to fund two wind turbines at the Auchtygills and Clayfords farms in Aberdeenshire. Please note that past performance cannot be relied on as a guide to future returns.
In addition to reducing carbon emissions through our 20 renewable energy investments across the UK, we continue to have a positive impact both socially and environmentally. We recently announced <a href="/latest-news/news/reaching-net-zero-is-just-the-start/">our commitment to achieving net zero by 2030</a> as part of B Corp’s Climate Collective, while we were also featured on <a href="/latest-news/news/thrive-makes-b-corp-s-best-for-the-world-environment-list/">B Corp’s ‘Best for the World – Environment’ list</a>, which saw us score within the top 5% of all global B Corps based on our commitment to reducing our footprint.
In July, we launched round five of our <a href="/our-mission/community-benefit/">Community Benefit Programme</a> in conjunction with the Centre for Sustainable Energy, providing grants for energy efficiency and sustainability improvements for community buildings close to our clean energy projects.

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IMG_0022

Good progress on new battery storage, geothermal and industrial solar investments.

Thrive Renewables announces half year results for 2021

While it’s our business to help reduce the UK’s carbon footprint, it’s vitally important that we lead by example and reduce our own emissions too. That is why we’re pleased to share we’ve signed up to <a href="https://www.bcorpclimatecollective.org/net-zero-2030-1">‘Net Zero 2030’ as part of B Corp’s Climate Collective</a>.
We already have a number of significant measures in place to reduce our own environmental impact, which at 2.6 tonnes of carbon emissions for direct (scopes one and two) emissions in 2020, is low. The average UK citizen has a carbon footprint of 10.4 tCO2e per year<a href="#_ftn1" name="_ftnref1">[1]</a>. Thrive’s office, one of the greenest in Bristol, is BREEAM certified and has solar panels located on the roof. We use renewable electricity tariffs to supply all of our operational clean energy projects, while our staff can also benefit from both a bike to work scheme and the Climate Perks initiative, which incentivises low carbon holiday travel.
Our Community Benefit Programme saves a further 60 tonnes of carbon dioxide emissions each year. The voluntary scheme, which has been running since 2015, provides grants to communities living close to our renewable energy projects so that they can make energy efficiency and sustainability improvements to shared buildings such as village halls or community centres. Administered by the Centre for Sustainable Energy, the 60 tonne annual savings from this outweighs Thrive’s direct emissions, which we estimate puts us in a carbon negative position for scopes 1 &amp; 2.
We are now working to calculate our indirect emissions (scope 3) coming from the construction and operation of our renewable energy projects. Once this is calculated, we will be reviewing our overall figures again to ensure we are taking the reduction and offset measures required to be net zero. You can read our Net Zero statement in full <a href="/impact/business-ethics/net-zero-2030/">here</a>.

To reach net zero, countries must balance the greenhouse gases released into the atmosphere with those taken out, with the UK pledging to achieve this by 2050 as part of the Paris Agreement. In April, Boris Johnson also enacted in law the world’s most ambitious climate target to date – reducing emissions by 78% by 2035.
Founded in 1994, we were one of the UK’s first purpose driven businesses, with a mission to power the transition to a sustainable energy future by helping people meaningfully connect with clean energy projects. We were also one of the first companies to fund ‘direct wire’ energy solutions for businesses – where they install solar or wind projects on site and benefit from the clean electricity generated, reducing their own carbon footprint.
Highlighting our commitment to the cause, Thrive certified as a B Corp in December 2020 with a score of 110.8, joining a community of businesses meeting the highest standards of social and environmental performance. In July this year, we were also included on B Corp’s ‘Best for the World – Environment’, which saw us score in the top 5% of global B Corps in this category.
&nbsp;
&nbsp;
<a href="#_ftnref1" name="_ftn1">[1]</a> <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/979588/Defra_UK_carbon_footprint_accessible_rev2_final.pdf">UK&#8217;s Carbon Footprint 1997 &#8211; 2018 (publishing.service.gov.uk)</a>, 2018, 703 million tCO2e p.a. divided by UK population of 67.9 million (2020) <a href="https://worldpopulationreview.com/countries/united-kingdom-population">United Kingdom Population 2021 (Demographics, Maps, Graphs) (worldpopulationreview.com)</a>

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TIDE &amp; ISE 2018

We have joined B Corp’s Climate Collective and pledged to go net zero before the end of the decade – but our direct carbon emissions are already exceptionally low.

Reaching net zero is just the start!

Playing a vital role in our vision for a cleaner, smarter energy system in the UK, the two turbines have delivered 24,412,500kWh of renewable electricity since commencing generation in the spring of 2015 – enough electricity to power 92,548 UK homes for a year and saving a total of 10,790 tonnes of carbon dioxide.

The bond, which provided investors with an annual return of 5.5% over a five-year period, reached its initial target raise of £3 million in just under four weeks in 2016 – the second fastest bond offer to close in Ethex’s history at the time. The success of the bond is testament to Thrive Renewables’ approach of investing in solid portfolios, honed over 25 years’ experience. Please note past performance cannot be relied on as a guide to future performance
In May, we published our <a href="/documents/2020-annual-report/">Annual Report </a>which highlighted the continued success of our wind and hydro projects, which have collectively generated nearly 150,000,000 kWh of renewable electricity – enough to power 40% of the UK’s electric vehicle journeys. As a result, this clean energy generation has removed the emission of 66,689 tonnes of carbon dioxide.
Last year the company deployed profits from the sale of two wind farms in 2019 into a range of new clean energy projects reflecting the future needs of the UK energy system, including new solar, battery storage and geothermal technologies.

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Auchtygils

Buchan – Thrive Renewable’s first ever crowdfunded bond – supported the development and operation of two wind projects in Aberdeenshire.

Thrive’s first bond successfully repaid

The IPCC’s report paints a severe picture of our impact on the planet’s future but, despite claims of a “code red for humanity”, we must remember that hope is not lost. In fact, with human influence found to be the main driver (90%) of glacier decline since the 1990s, it proves that – with rapid systemic change – we can also heavily contribute to the climate solution.
The science highlights that if we take immediate action to reduce carbon emissions we can “yield rapid and sustained effects”, but this must be a collaborative effort and needs to be supported by widespread policy change and structure. Published just three months before COP26 – which will see countries come together to agree a comprehensive, ambitious and balanced plan for co-ordinated climate action in line with the Paris Agreement – the report has given governments, policymakers and other key decision makers a warning call to accelerate their efforts.
<h3>What is required to avoid climate catastrophe?</h3>
<h4>Immediate action</h4>
The IPCC has made it clear that time is precious and the longer we wait to eliminate fossil fuels – the worse it will get. In July, data from the Digest of UK Energy Statistics (DUKES) revealed that, for the first time ever, renewable energy sources generated more electricity than fossil fuels in 2020, increasing from 37% in 2019 to 43%. Wind power alone generated a record 24.1% of the UK’s electricity last year, with 13% coming from offshore projects and 11.1% from onshore projects – a significant step forward in the UK’s fight to reduce carbon emissions.
Despite this, growth in new renewable capacity slowed with just 1GW added in 2020, the lowest since 2007. We know this is currently not enough to meet the UK’s net zero targets, with RenewableUK predicting that we’ll need – for example – 90GW of offshore wind and 36GW of onshore wind by 2050. The same can be seen in solar too. While the UK is on track to double its solar capacity by 2030, we will need to treble it to 75GW-90GW if we are going to balance carbon emissions by 2050.
This is achievable, but further action is required to ensure we are able to mitigate the worst of the climate crisis. Most importantly, we need stable, forward-looking policies and action to support the integration of different renewable technologies onto the grid in the most cost-effective way possible.
<h4>Brave policy</h4>
Following its publication, Prime Minister Boris Johnson called the IPCC’s report “sober reading”, whilst Labour leader Sir Keir Starmer added that “the biggest threat we now face is not climate denial but climate delay”. We need our leaders to step forwards and be courageous – we have ambitious targets to meet but these will only be achieved if we have the policies in place to support it.
With this in mind, it will be interesting to learn the outcome of the government’s Contracts for Difference (CfD) scheme, which will provide revenue stability to renewable energy projects in the coming years. Given the previous removal of revenue support for new onshore wind we were really pleased that this was covered and look forward to seeing how the allocations are awarded.
There is no denying that we are still a long way away from reaching net zero but, while the IPCC’s report hammered home the stark realities of climate change, we remain optimistic. Positive changes can be made to reduce dangerous global warming – as long as we act together now. A change in mindset is needed across the board, from governments and policymakers right through to businesses and each one of us. It’s this collaboration – underpinned by smart, stable policy reform – which will be vital to the phasing out of fossil fuels.

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Thrive Renewables

In a landmark report, the United Nation’s Intergovernmental Panel on Climate Change (IPCC) has confirmed that human activity is having an “unequivocal” impact on global warming, with a temperature increase of 1.5C now likely to be passed or temporarily reached by 2040.

IPCC report - The cause and the solution

Geothermal Engineering Ltd (GEL), the company behind UK’s first deep geothermal electricity power plant, has also announced that – alongside other partners – it has been trialling sustainable, zero carbon methods of removing the lithium from the fluid, so far managing to achieve a 95% extraction rate.

Lithium is a naturally occurring metal found around the world but is predominantly mined in South America and Australia, before being shipped to China for processing into battery-grade lithium. The final stage of the process then sees batteries sent to Europe to be installed into electric vehicles.
With the UK government announcing its plans to end the sale of new petrol and diesel cars in the UK by 2030, there is huge opportunity for renewable energies such as geothermal to support in lithium extraction and battery production.
The Faraday Institution, a government-backed body set up in 2017 to promote the battery industry, estimates UK demand for lithium could reach 59,000 tonnes a year of lithium carbonate equivalent by 2035, based on projected growth in domestic battery demand.

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UD 10

Third party testing at the United Downs site in Cornwall has revealed high levels of lithium, a vital component of electric vehicle batteries, in its geothermal waters.

United Downs: A milestone on the journey to local, zero carbon lithium production

The Loch a&#8217; Bhraoin project supported businesses in the area throughout its development and construction by using local contractors wherever possible. In addition, the turbine installed at Inverbroom was manufactured in Cumbria by Gilkes, who have been making hydro power turbines in the UK for over 100 years.

This 2MW project based in the Scottish Highlands is eligible for the Feed-In-Tariff (FIT). Despite operational challenges caused by the COVID-19 crisis which affected construction and supply chains, the project was completed four months ahead of the original FIT deadline. Loch a Bhraoin was developed by Inverbroom Hydro Ltd and Glendevon Energy Co Ltd, and received funding from Clydesdale Bank and Thrive.
The UK has around 2GW of potential hydropower capacity and a highly developed market of skills, personnel, and businesses ready to develop the sector. Hydro will play a key role in the UK’s future energy mix as it can provide baseload electricity generation as well as balancing services to the grid. Indeed this project has seen Loch Bhroain classified as a reservoir, offering significant storage potential. The last round of the FIT saw 40MW of hydropower capacity built, enough to power at least 35,800 average UK homes.

[1] Calculated using the most recent statistics from the Department of Business, Energy and Industrial Strategy (BEIS) showing that annual UK average domestic household consumption is 3,618kWh, <a href="https://www.renewableuk.com/page/UKWEDExplained" target="_blank" rel="noopener">https://www.renewableuk.com/page/UKWEDExplained</a>
[2] RenewableUK uses BEIS’s “all fossil fuels” emissions statistic of 450 tonnes of carbon dioxide per GWh of electricity supplied in the <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/905060/DUKES_2020_MASTER.pdf" target="_blank" rel="noopener">Digest of UK Energy Statistics</a> (July 2020) p125 Table 5D (“Estimated carbon dioxide emissions from electricity supplied 2015 to 2017”), <a href="https://www.renewableuk.com/page/UKWEDExplained" target="_blank" rel="noopener">https://www.renewableuk.com/page/UKWEDExplained</a>.  Average per capita greenhouse gas emissions.

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Loch a Bhraoin hydro power project, which we provided with mezzanine finance to cover construction, is now connected to grid and generating clean electricity.

Loch a Bhraoin hydro generates first electricity from Scottish rain

We worked in close collaboration with Windcluster, owners of the immediately adjacent Haverigg III wind farm who also applied for a similar planning extension. Submitting the two applications simultaneously allowed proper consideration of any long term or cumulative impacts of wind energy generation in the area.  The planning consents for both projects were passed unanimously.
Arcus Consultancy Services Ltd, a leading environmental, planning and engineering consultancy, supported both wind farms to engage with Natural England and Copeland Borough Council.  Potential environmental impacts were identified at an early stage and we proposed suitable mitigation in the form of habitat enhancements for breeding gull colonies at the South Walney Nature Reserve.
We approached the host communities in the villages of Haverigg, Kirksanton and Millom to discuss the continued operation of the site back in October 2019. A full consultation was undertaken, including a drop-in session to discuss any local issues. Results from the consultation were fed into the final application to the council.

Unlike almost any other type of infrastructure, solar and wind farms are frequently granted time limited planning permission – usually 25 years. So we need to apply to continue to operate them at the end of their consented planning life. As our older wind farms reach this stage, we will routinely apply to secure their longer term operational future. We hope that in the future, planning permission for this vital green infrastructure which provides employment, generates income and powers our country in a sustainable way will be granted in perpetuity. According to Arcus, these planning consents in Cumbria pave the way for further variation of conditions applications to enable existing wind turbines to be retained for a longer period than originally consented.
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[1] Calculated using the most recent statistics from the Department of Business, Energy and Industrial Strategy (BEIS) showing that annual UK average domestic household consumption is 3,618kWh, <a href="https://www.renewableuk.com/page/UKWEDExplained" target="_blank" rel="noopener">https://www.renewableuk.com/page/UKWEDExplained</a>

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Copeland Borough Council has approved an application from Thrive Renewables to extend the working life of our four turbine wind farm at Haverigg in Cumbria. The existing turbines now have planning permission to continue operating until 2032.

Life extension approved at Haverigg II

In the first six months of this year, we’ve continued to make a positive impact. Here is a snapshot of what’s been achieved so far in 2020:
<ul>
<li>Generated 84,236MWh of renewable electricity, enough to power a city the size of Worcester 1.</li>
<li>Emissions reductions of 37,906 2  tonnes of carbon dioxide.</li>
<li>Invested in United Downs geothermal power plant, which is currently in development, and Riding Sunbeams, a pioneering solar rail company.</li>
<li>Awarded Highly Commended in the category of ESG Investor of the Year, at the prestigious BusinessGreen Leaders Awards. It was a huge honour to be recognised by BusinessGreen alongside many other strong finalists.</li>
</ul>

We’ve been awarded the Good Egg Kitemark since 2017 by Good With Money. The kitemark is awarded to business which are able to prove that they make a positive impact by benefiting society and the environment.
[1] Calculated using the most recent statistics from the Department of Business, Energy and Industrial Strategy (BEIS) showing that annual UK average domestic household consumption is 3,618kWh, https://www.renewableuk.com/page/UKWEDExplained 
[2] RenewableUK uses BEIS’s “all fossil fuels” emissions statistic of 450 tonnes of carbon dioxide per GWh of electricity supplied in the Digest of UK Energy Statistics (July 2020) p125 Table 5D (“Estimated carbon dioxide emissions from electricity supplied 2015 to 2017”), https://www.renewableuk.com/page/UKWEDExplained.  Average per capita greenhouse gas emissions.

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We are once again celebrating Good Money Week (24-30 October). This national campaign is run by the UK Sustainable Investment and Finance Association, which we are part of, and aims to grow and raise awareness of sustainable, responsible and ethical finance.

Sustainable at heart

Last year our wind, solar and hydro projects generated 136,316 MWh of renewable electricity [1]. That’s enough to power over 42,000 average UK homes, equivalent to a town the size of Preston [2]. Our portfolio of clean energy projects also delivered emissions reductions equivalent to 58,620 tCO2e[3].

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Thrive Impact 2023 

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We were pleased to be able to invest in more community energy projects in 2023. This includes investing £4 million in a community-owned wind project in Kilbirnie, Scotland, bringing the total we have committed to community energy projects to date to £20 million. Thrive also became the first commercial battery owner to offer shared ownership to a local community group at the Feeder Road project in Bristol, which entered operation in December 2023.
The social, environmental and financial impact Thrive delivers is recognised in our B Corp status. Early in 2024 we recertified, achieving a new impact score of 131.1 – placing us in the top 3% of all UK B Corps.
As we approach our thirtieth year of building and funding clean energy projects, we are committed to doubling the amount of new generation we invest in over the next five years. Last year we made our single largest investment to date &#8211; providing a £20 million loan to Ethical Power to fund part of its solar and battery storage pipeline, with 178 MW currently in development.
As well as building new clean energy capacity, we are continuing to connect more people to renewables, welcoming over 480 new investors via our crowdfund which launched in October 2023 and completed in January 2024. It is thanks to our investors old and new that we are able to help build an energy system fit for future generations.

Another key highlight from 2023 was awarding a record £37,000 in energy efficiency grants to community buildings across the UK through our Community Benefit Programme. The annual programme, run in collaboration with the Centre for Sustainable Energy (CSE,) helps community hubs near our projects reduce their carbon footprints and manage energy costs. For the first time since starting the programme in 2016, we also provided ‘energy essentials’ training to applicants, delivered by CSE, on topics such as fuel poverty awareness.

The fully audited Annual Report and Financial Statements can be downloaded <a href="https://cms-admin.thriverenewables.co.uk/wp-content/uploads/2024/05/Thrive_Annual-report_2023_Final-web-version.pdf" target="_blank" rel="noopener">here</a>.
*  Please remember that past performance cannot be relied on as a guide to future returns.  
[1] Impact Portfolio describing Thrive’s share of projects owned plus the projects Thrive is funding. 
[2] Calculated using the most recent statistics from the DESNZ showing that UK average domestic household consumption is 3,239 kWh per annum (<a href="https://www.renewableuk.com/page/UKWEDExplained" target="_blank" rel="noopener">https://www.renewableuk.com/page/UKWEDExplained</a>) 
Average residents per household  2.4 (<a href="https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/families/bulletins/familiesandhouseholds/2020" target="_blank" rel="noopener">https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/families/bulletins/familiesandhouseholds/2020</a>), Population of Preston is 99,198 (<a href="https://www.thegeographist.com/uk-cities-population-1000/" target="_blank" rel="noopener">https://www.thegeographist.com/uk-cities-population-1000/</a>). 
[3] RenewableUK uses DESNZ’s “all non-renewable fuels” emissions statistic of 424 tonnes of carbon dioxide per GWh of electricity supplied in the Digest of UK Energy Statistics (July 2023) Table 5.14 (“Estimated carbon dioxide emissions from electricity supplied”. Carbon reduction is calculated by multiplying the total amount of renewable electricity generated by Thrive’s impact portfolio per year by the number of tonnes of carbon which fossil fuels would have produced to generate the same amount of electricity.

136,316 MWh of renewable electricity generated over the course of the year. 

Thrive announces £13.6 million operating profit for 2023 with £12.3 million of capital allocated to build new clean energy projects

Vision: We believe in the power of together. A world where everyone can be part of the clean energy generation.   
Mission: Putting money to work building new sustainable energy projects and empowering people to take action to address the climate emergency.  
Today we unite a community of over 6,000. And together we have grown our impact by building or funding the construction of 39 renewable energy projects.  
We are aiming to double our renewable energy generation capacity over the next five years; bringing together more individuals, developers and communities to build new renewable energy projects, faster.  
As we update our look, we stay true to the values that we have been cultivating since building our first wind turbine. 
<h3>Sustainable at the heart  </h3>
We’re totally committed to a clean energy future that benefits everyone. That’s why we have been investing in sustainable power in the UK for over 30 years. Thrive people are outcome driven, commercially innovative and passionate about making a positive impact in all we do. We only invest in clean energy projects that deliver long term, measurable environmental impacts.  
<h3>Rewarding connection </h3>
Thrive exists to enable people to change the future of energy for the better. We believe that bringing together people, proven technologies and a pioneering approach will accelerate the transformation our world needs. We share knowledge, insights and opportunities generating outcomes that are good for everyone. 
<h3>Together we can be a movement for change. </h3>
We are inspired by being part of a movement that delivers tangible change. A movement that sees the true value of making a positive environmental and social impact. Our eyes are fixed on a better future; let’s make the switch from fossil to sustainable, generating clean energy today, for generations to come.

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twitter, linkedin, facebook launch post

Let’s act together to address the climate emergency. 

New look and feel reaffirms our commitment to a collective movement for change

The extension will add three turbines with an expected generation capacity of 12-15MW, bringing the overall Drumduff Wind Farm to 6 turbines and the combined onsite generation capacity to over 21MW.
Located primarily in a commercial Sitka Spruce forest, the project plan includes substantial ‘forest to bog’ restoration of peatland bringing substantial ecological and biodiversity gains. The project will also be providing £5,000 per MW of installed generation capacity to the local community.

Drumdduff is located next to Blawhorn Moss National Nature Reserve, an area of peatland, home to a rich and diverse ecosystem that’s crucial for tackling biodiversity loss. We’ve worked with NatureScot to extend the boardwalk at the nature reserve so that local residents can enjoy this area of natural beauty.

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11 Mar 2025

We’re partnering with the UK’s leading social impact investor to mobilise £40 million for community-owned energy projects

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