Thrive Renewables launches new share offer as part of five-year plan to double generation capacity

Thrive Renewables Plc, which has been funding, building and operating clean energy projects for almost thirty years, has launched a new share offer to support its aim to double the amount of renewable energy generation capacity in its portfolio over the next five years. Equity raised through the crowdfunding offer hosted by Triodos Bank UK will be used to build new onshore wind, solar, geothermal and battery storage projects. The company aims to help to transform the UK’s electricity system, reducing its reliance on imported fossil fuels and ultimately reducing…

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Pioneering renewable energy company targets £5m raise in new share offer

Thrive Renewables, which has been funding clean energy projects since 1994, has launched a crowdfunding offer in order to build new renewable energy generation and storage across the UK. It comes at a critical time for UK energy policy, with renewables a key sector for growth in response to the gas price crisis. Recent development projects Thrive Renewables has invested in include England’s tallest onshore wind turbine in partnership with Ambition Community Energy, a 20MW battery project in Bristol and the UK’s first commercial deep geothermal electricity generation plant in…

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