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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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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

Buildings like village halls and community centres often operate as vital local hubs providing space, activities and support for the most vulnerable in society. However, expensive running costs and upkeep fall to the users. This year we awarded £31,000 in grants, for improvements like loft and wall insulation, new windows, double-glazing and energy efficient heating systems, which are calculated to bring carbon dioxide emission savings of 23 tonnes per year.
To date, including all four rounds of the programme £93,000 has been awarded via 31 grants to improve 23 different community buildings. In total an estimated 60 tonnes of CO2 is now being saved per annum, in addition to numerous other benefits reported by building users, such as improved comfort and ability to use the facilities more frequently as a result of the upgrades.

Based near our March wind farm in Cambridgeshire, St John’s Church received £4,000 for new windows, helping to save nearly 2 tonnes of carbon dioxide emissions per year.

St John's Church, March

Based close to our Caton Moor wind farm near Lancaster, St Peter’s Church received £4,000 towards a larger heating upgrade project in addition to insulation works already underway, helping to save 2.64 tonnes of carbon dioxide emissions per year.

St Peter's Church, Quernmore 

Based near our Avonmouth wind farm in Bristol, Avonmouth Community Centre received £2,360 for new windows, helping to save 5.76 tonnes of carbon dioxide emissions per year.

Avonmouth Community Centre, Bristol

To catch all the latest news and updates on our Community Benefit Programme <a href="/newsletter/" target="_blank" rel="noopener">sign up to our newsletter now </a>.

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TIDE &amp; ISE 2018

The fourth round of our Community Benefit Programme has once again seen measurable improvements in warmth, comfort and light in shared buildings close to our projects. Nine community buildings spread across the country received grants of up to £4,000 in 2019 to make vital sustainability and energy efficiency improvements.

The surprise benefits of decarbonising your local community

The government committed to a legally binding ‘net zero’ target in 2019, to get us to a position where the UK’s total emissions are zero by 2050, although that does mean that what are deemed unavoidable emissions will be offset. A hugely positive move nevertheless and at last we are beginning to see changes in policy to reflect this ambition, after years of at best inaction and at worst hostility towards onshore renewables.
Most significant was the announcement at the beginning of March 2020 to amend the ‘Contracts for Difference’ (CfD) scheme to allow onshore renewables to compete for government backed clean energy contracts which provide the long-term price stability we need to invest in new projects. CfDs, which have driven the recent boom in offshore wind, reduce revenue uncertainty and reopen the door to lower cost funding, creating new opportunities for individual and community investors. They represent good value for the energy consumer too; when market prices are high, the additional revenue goes back to the government.

The government is currently consulting on CfDs and we will be participating in that consultation and sharing our insight publicly. Frustratingly, England’s planning regime remains a major blocker for onshore wind. We are keen to promote and take part in a national debate on the part onshore wind can play in reaching net zero and working with the industry on best practice for engaging with communities to ensure they can have a real stake in projects close to them.
The whole world is experiencing exceptionally challenging times at the moment due to the Covid-19 pandemic. So many people are facing devastating personal tragedy and severe financial hardship. Thanks to the dedication of engineers who look after our wind and hydro power projects which are critical infrastructure generating electricity, Thrive is able to continue business as usual. Office-based staff are all working remotely and able to answer calls, deal with enquiries and continue progressing our investment strategy.
So we see it as our role to think about and action the recovery longer term, building on the solid foundations of the growth in renewables over the last 25 years, nurturing the green shoots of growing public and political awareness and building for a fairer, brighter energy future based on harnessing sunshine, wind and water power. To this end we continue to progress our new investments where it is responsible to do so and develop a healthy pipeline of potential new projects to fund.
[1] BEIS Energy Trends March 2020 (<a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/875381/Energy_Trends_March_2020.pdf" target="_blank" rel="noopener">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/875381/Energy_Trends_March_2020.pdf</a>

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As we have now come to expect, 2019 was yet another growth year for renewables.

Building on solid foundations - the race to #netzero

Robust contingency plans have been formulated to cover employee absence and ensure business continuity as the situation evolves. We will update this page regularly to reflect any changes in our business continuity plan. If you have any questions, please don’t hesitate to get in touch by phone or email.

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Thrive Renewables continues to operate business as usual. The wellbeing of our team, contractors, suppliers and the wider community is our absolute priority and we are following government guidance. All office-based staff are now working remotely, phone lines are open and levels of service are normal.

Our response to the Covid-19 pandemic

Responding to yesterday’s government announcement on proposed amendments to the Contracts for Difference scheme Matthew Clayton, Managing Director at Thrive Renewables, said:

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Wind turbine NO LOGO

Thrive Renewables responds to government announcement on proposed amendments to the Contracts for Difference scheme

<div>So far, two wells have been successfully drilled, one of which is the deepest onshore well in the UK at 5.1km vertical depth, almost four times the height of Ben Nevis.  The wells are also the hottest in the UK with an expected temperature of over 190°C.  Initial flow tests show that the project will be capable of producing the UK’s first geothermal electricity. The project is now in its final testing phase.</div>
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<div>Thrive Renewables is investing funds to complete the final rounds of testing and to build the geothermal power plant.  Radial turbines, powered by the energy from water heated deep in the earth, will generate enough renewable electricity to power approximately 6,500 UK homes and will be available 24 hours a day. There are also early stage plans to use the residual heat energy from the project to provide renewable heat locally.</div>

The United Downs geothermal power plant could start to generate renewable electricity as early as next year. Geothermal electricity generation technology has proved very successful in Europe and beyond, with over 12,500MW currently operational globally.

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The United Downs Deep Geothermal Power Project has been set up to explore the deep geothermal resources in Cornwall and is working towards making the county’s vision for a low-carbon energy future a reality. 

To establish the United Downs power plant, two deep geothermal wells have been drilled into the granitic rock beneath the site.  The wells are directional (j-shaped) to intercept a target geological structure (the Porthtowan Fault).  The natural structure enables water to be circulated through the hot rock from the injection well to the production well in a continuous cycle.   As the water moves through the rock it picks up heat which is then extracted and converted to electricity at the surface.

The electricity and heat energy produced from the plant will be continuous (24/7) as geothermal energy does not suffer from the peaks and troughs that many other renewable power sources are subject to.

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United Downs 3

About the United Downs geothermal power project

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UD geothermal 2 1400

Funding will enable final testing and power plant construction.

Thrive Renewables to invest up to £6.5 million in the UK's first geothermal electricity power plant being developed by Geothermal Engineering Ltd

Profits generated by the turbine were paid to the Baywind members and to the Baywind Energy Community Trust, a charity which offers grant funding for energy, education and community welfare in the Furness area.
Now that the 20 year agreement has ended, Baywind has decided not to make further investment in the wind turbine at Haverigg II. Ownership of the turbine has returned to Thrive for a fee, but the company is very open to further community co-ownership in the future. Thrive continues to invest in one of Baywind’s other community wind farms, Mean Moor, which is owned jointly by three community co-operatives.

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In 1998, when the Haverigg II wind farm site in Cumbria was first built, Thrive Renewables agreed to grant ownership of one of the turbines to the pioneering local energy co-operative, Baywind, for 20 years.

Thrive Renewables and Baywind Energy Co-operative agree deal for Turbine at Haverigg II

We believe this new policy will benefit Thrive in three ways:
<h3>Cutting carbon</h3>
Thrive exists to reduce Carbon Dioxide emissions by powering the clean energy transition. Currently, there is no technological solution for sustainable flights, behaviour change is key to cutting carbon from flights. <a href="https://www.bbc.co.uk/news/science-environment-49349566" target="_blank" rel="noopener">Flying less</a> is one of the most the most powerful actions we can take to reduce carbon emissions and protect the planet. A single return flight to Berlin from the UK clocks up the same amount of CO2 as <a href="https://tyndall.ac.uk/publications/tyndall-working-paper/2015/towards-culture-low-carbon-research-21st-century" target="_blank" rel="noopener">13 return trips by train</a>, showing the impact of our staff taking just one less flight could be huge. With the workplace a key part of modern life we hope to harness the social power of our staff to unlock this new way to cut carbon – moving beyond more traditional business-focused environmental policies.
<h3>Building a reputation as a climate leader </h3>
We’ve been <a href="/latest-news/news/people-power-key-for-sustainable-future/" target="_blank" rel="noopener">pioneers in the renewable energy sector</a> for the last 25 years and now we want to be pioneering employers in this urgent area also. As a Climate Perks employer, we will be a part of getting climate conscious travel off the ground (or back to earth!) in the UK. As we continue on our net zero journey, companies and organisations will be expected to show more and more leadership around climate action. So we’re stepping up now! And we will continue to work and push boundaries to find new ways to reduce our impact on the planet.
<h3>Employee wellbeing</h3>
Recent <a href="https://www.triodos.co.uk/articles/2019/how-is-the-environmental-crisis-making-us-feel" target="_blank" rel="noopener">research by Triodos Bank</a> showed 29% of the British public feel overwhelmed by the climate crisis, rising to 40% amongst younger people aged 16-24. However, <a href="https://www.newscientist.com/article/2220561-stressed-about-climate-change-eight-tips-for-managing-eco-anxiety/" target="_blank" rel="noopener">taking action</a> and having the freedom to make climate and ecologically conscious choices can have a big affect on how you feel. <a href="https://s3-eu-west-1.amazonaws.com/media.afreeride.org/documents/Aviation_briefing_Jan2019+FINAL.pdf" target="_blank" rel="noopener">Research by Possible</a> showed 50% of 18-44 year olds would prefer to work for an employer that helps them to take clean travel on holiday. Through Climate Perks we hope to support staff and future recruits make lifestyle choices that reflect their values &#8211; strengthening staff well-being, satisfaction and loyalty.
Learn more about Climate Perks on their <a href="https://www.climateperks.com/" target="_blank" rel="noopener">website.</a>
Possible is a UK based climate charity that brings people together to take positive, practical action on climate change. Combining individual and local actions with larger systemic change, we connect people with each other, and communities with ways to address the climate crisis. Learn more about Possible on their <a href="https://www.wearepossible.org/" target="_blank" rel="noopener">website.</a>

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We are proud to announce that Thrive is a pioneering member of the Climate Perks programme, created by climate charity “Possible”, offering our staff two paid ‘journey days’ when opting for sustainable holiday travel.

Empowering our team to take sustainable flight-free holidays

In 2016 we developed the Community Energy Funding Bridge to empower communities to develop or purchase their own local renewable energy projects. Since then we’ve supported five community groups to acquire three renewable energy projects.
If your community is interested in building a renewable energy project, we’ve put together a handy guide of 10 things you should think about before you start.
Read the full article on the Community Energy England <a href="https://communityenergyengland.org/news/10-things-to-think-about-when-you-are-planning-a-wind-solar-or-hydro-project" target="_blank" rel="noopener">website.</a>

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Thrive Renewables

Thrive’s top 10 things to think about if you’re planning to build a wind, solar or hydro project.

Empowering communities to build local renewable energy projects

But these changes and the rate at which they move must be turbocharged as we move into the next decade. The 2010’s mark the end of the time for organic transition – we now need radical transformation.
If we are going to get to net zero carbon emissions, the next 10 years will look very different. Matthew Clayton writes for <a href="https://good-with-money.com/2020/01/03/renewables-to-power-a-decade-of-transformation/" target="_blank" rel="noopener">Good With Money.</a>

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Our MD, Matthew Clayton, writes for Good with Money.

Renewables to power a decade of transformation

In her speech at the opening of parliament this week, the Queen said: “My Government will continue to take steps to meet the world-leading target of net-zero GHG emissions by 2050.”
Meanwhile, the Committee on Climate Change has written to the Prime Minister pressing him inject new urgency into the development and implementation of policy to deliver on the net zero target:

There is an urgent need to develop and implement ambitious, long-term, joined up policy to deliver net zero and at Thrive we will be working with industry bodies and investors to support that process. In the meantime, there are some straightforward, almost cost neutral things the new government could do right now to create a much more supportive environment for onshore renewables &#8211; the cheapest way of producing electricity across the globe.
<h3>Long term stability &#8211; A new approach to planning</h3>
The UK’s planning regime needs overhauling to reflect the climate emergency and government’s net zero targets. The key is longer-term thinking. Currently, unlike almost any other infrastructure project, new onshore renewables are typically only granted planning permission for a maximum of 20 to 30 years. This built in obsolescence makes investment difficult now subsidies have been removed and could even mean we start to see our onshore wind fleet shrink in size over the next few years. A new, longer term approach to planning for onshore renewables from government would provide the stability needed for investment, ultimately reducing the cost of electricity.
<h3>Size matters &#8211; We could be doing so much more, with so much less</h3>
Currently there are arbitrary limits on the height of onshore wind turbines. Essentially, the taller the turbine, the better wind it can access, and the more power it can generate &#8211; both the environmental and financial costs are less with taller turbines. Current planning rules favour short turbines, hindering land use and realisation of the UK’s abundant natural resource.  We could have fewer, taller turbines generating much more clean electricity at lower cost if some simple changes were made to planning assumptions.
<h3>Businesses as mini power stations</h3>
Many businesses have set net zero targets and are now trying to figure out how they can deliver them. One incredibly powerful way to do this is to use their existing land and buildings as sites for wind, hydro and solar installations. At Thrive, we have successfully delivered several of these projects for businesses <a href="/projects/investment-case-studies/private-wire/" target="_blank" rel="noopener">across the country</a>, helping them save on bills and maximise their use of clean energy.  Consistent policies would business confidence to not only become greener but also play a part in making the UK more self-sufficient.
<h3>Get smarter, together</h3>
What connects your freezer and hot water tank at home with a massive data centre? All have the potential to adjust their electricity consumption to reflect the needs of the grid, and even act as storage. The industry calls this ‘demand side management’. If it were made mandatory, we could unite in adjusting our consumption patterns, saving electricity and reducing the amount of infrastructure we need, which keeps the costs down for everyone.  The technology is here, we just need consumers to demand A**** rated domestic products.
<h3>Bring back the hot water tank!</h3>
Generating our heat more sustainably is a big challenge, but would reap high rewards. When we think of energy storage, our minds leap to batteries and the exciting role electric cars can play in the future. However, a hot water tank, whist not being very new and exciting, is an excellent way to store renewable electricity, shaping demand (heating your hot water) when there is abundant renewable electricity, then storing it as hot water until you need it (at peak energy demand times in the morning), can play a big part in cleaning up our energy needs and reducing the amount of grid infrastructure required. Space heating and hot water accounts for 80% of UK residential energy consumption. Almost 40% of the UK’s energy requirement is for heat with 70% of our heating requirements met by burning natural gas, resulting in 20% of the UK’s CO2 emissions.
<h3>Snuggle up</h3>
Energy efficiency always tends to be the Cinderella of energy policy. But a more joined up approach is needed. Energy usage needs to be factored in to the existing building regulations so every new home is as comfortable and cheap to run as possible. Retro fitting insulation, thermostats and other measures should move on from middle class ‘fixer uppers’ and into the mainstream. Those who are old and vulnerable will benefit most from energy efficiency measures, bringing down bills and making homes warmer and cosier. And jobs will be created across the construction industry.
<h3>Cheaper, cleaner energy for all</h3>
Everyone knows we need cheaper, cleaner energy to help us reach net zero as quickly as possible while keeping the lights on. The UK’s Climate Change Committee has spelled out what needs to be done; with over one third of our electricity now generated by renewables, the sector has proved itself. Embedding zero carbon targets across government departments in an integrated way will accelerate our transition to a cleaner, greener future; and long-term planning and policy certainty will allow the sector to build on the success of the last ten years and grow exponentially.

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Simple steps the new government can take right now to drive growth in renewables.

Get net zero done

Climate activists, scientists, businesses and ordinary people have taken climate change from a “niche’ topic to top of the political agenda. For the first time, the majority of political parties are taking the climate crisis extremely seriously in their manifestos, demonstrating how the public can influence politics and force those in government to take the issues we care about seriously.
In contrast to much of our political discourse at the moment, this debate was broadly civil and constructive. There was point scoring and argument of course, but the reality is that the leaders were essentially in violent agreement. Many of the policies are broadly similar and the argument about deadlines should not distract from acting right now.
A key moment was when Nicola Sturgeon of the SNP mentioned unity. Climate change isn’t something we should be squabbling about, it should unite us together in the fight for our lives. The melting ice sculptures were an impactful visual reminder that not all party leaders chose to take part. But climate change is one of the top issues affecting this election according to <a href="https://www.theguardian.com/environment/2019/oct/30/climate-crisis-affects-how-majority-will-vote-in-uk-election-poll" target="_blank" rel="noopener">recent polls</a>, with 54% of adults saying it will affect how they vote &#8211; rising to 74% for under 25s. So all parties need to take it extremely seriously.
Elsewhere in Europe and internationally, positive steps are being taken. European Parliament declared a <a href="https://www.theguardian.com/world/2019/nov/28/eu-parliament-declares-climate-emergency" target="_blank" rel="noopener">Climate Emergency</a> yesterday, and next week sees the start of the most important <a href="https://unfccc.int/cop25" target="_blank" rel="noopener">UN climate meeting</a> for four years. So our message continues to be the same. Let’s work together to be the change we want to see by building new, clean energy capacity, and keep holding whoever is in government to account to put policy in place with reflects both the gravity of the Climate Crisis and the huge potential we have to create a better future for us all.

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Last night saw the first climate crisis party leaders’ debate in history. This is the issue of our time and the greatest existential threat humanity will face. We have just 11 years to turn the climate-change super tanker around and the next government could be in power for 5 of those years, so this type of national conversation is absolutely vital.

Climate crisis debate - Another step on the transition journey

The company plans for electricity generated at the site to be supplied both directly to a local business and the electricity grid. Thrive Renewables has a track record of innovation in renewable energy project development, including ‘private wire’ projects, designed to enable local businesses to use power directly from a wind farm. This provides long-term, stable energy prices for the business and price certainty for the wind farm operator, protecting both parties from the volatility of the energy market.
When Chapelton wind farm is built, the local community will be able to apply for Thrive Renewables Community Benefit Programme, which offers grants to improve energy efficiency in community buildings like village halls, making them warmer, more comfortable and cheaper to run.

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We have acquired a new wind farm site near Girvan, South Ayrshire in Scotland. The project, to be named Chapelton wind farm, has planning and land rights for three turbines and initial ground works have commenced.

Thrive Renewables acquires new wind farm site in Scotland

Beochlich consists of two Pelton 21X2.45 turbines, fed via a pipeline which creates the pressure to drive the turbines most efficiently. A storage reservoir is incorporated which allows the flow to be regulated to an optimum level when rainfall is high as well as store water during periods of lower rainfall. Water diverted from the Beochlich Burn is returned to the same water course downstream. 
The project generates roughly 4.5GWh of renewable electricity a year – enough to power 1,126 UK homes. As well as being a key renewable energy source, the hydro project helps to regulate the water flow at Beochlich which is positive for plant health and irrigation purposes.

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25 year life extension agreed for the 1MW project in Western Scotland.

Thrive's first hydro-electric project secures another 25 years of operation

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The refinancing loan along with a loan from Energy Prospects Co-operative will enable community benefit society, Resilient Energy Forest of Dean (REFD), to retain ownership of the project. Energy4All, who currently manage 33 renewable energy co-operatives, will support REFD as the commercial manager of the project.
As well as providing clean electricity to the grid, funding from revenues generated will continue to support local community projects in the Forest of Dean. So far, a wide range of local community buildings and schools have benefitted as a result.
The addition of this project to Thrive’s portfolio brings the total we have invested in community projects to £17 million. It is the 6th community funding bridge we have facilitated, plugging funding gaps to enable community energy groups to build and operate their own clean energy projects. This includes providing a £4 million to fund the construction of England’s largest onshore wind turbine in Bristol, which is owned by a community group.
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Working alongside Energy4All, Thrive’s investment will enable the project to remain in community hands.

£1 million investment into 1MW community-owned wind project in the West Country

We kicked off the insight day with a visit to our Avonmouth wind farm where the group were able to view the turbines up close and learn how they work. Adrian, our Head of Operations led the tour, explaining the processes and jobs involved in the operation of a 8.2MW wind project like this – from planning through to construction and maintenance.  There were some brilliant questions and discussions as the turbines worked hard in the background.  
Next it was back to the Thrive office, where Louise our Head of External Affairs delivered a short presentation on the renewable energy industry, Thrive’s impact and the diverse range of roles that exist within the sector.  
Over lunch, members of the Thrive team enjoyed chatting with the group to provide insight on their job roles and answer any questions about the day-to-day of working in renewables.  
For the final activity of the day, the group split into teams for a fun learning activity.  Each group was tasked with planning a new wind farm in metaphorical ‘Thriveshire’, taking into account various social, economic and environmental factors that go into the planning of clean energy projects. The teams presented their ideas to the wider group with some very impressive proposals and learnings from the day.

Having provided a grant last year to support one of Babbasa’s core services, it’s been fantastic to continue our partnership with an opportunity for some of their Young People to learn about careers in renewables. Thrive’s £1,000 grant will help Babbasa to continue offering its Support Programme that works with young people who are at risk or have dropped out of education or employment, who may be facing multiple barriers or challenges, or who are disadvantaged by their background.  
We’d like to say a big thank you to everyone from Babbasa who attended our insight day – we hope you found it inspiring!

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

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