Energy News  
SOLAR DAILY
Investors Generate 174,000,000 kWh of Renewable Electricity
by Staff Writers
Bristol, UK (SPX) Jul 12, 2017


Renewable energy generated a record amount of electricity in the first three months of this year, making up more than 26 per cent of the total produced in the UK, according to new government figures.

Over 6,000 THRIVE Renewables' investors generated 174,412,390 Kilowatt-hours (kWh) of green electricity in 2016, that's enough to power the equivalent 43,668 UK homes. The mission led company represents a growing movement for change where individuals are making their money make a difference. By investing in sustainable energy, investors see financial, environmental and social benefits and have the opportunity to make more of a direct impact as part of a growing community, rather than acting alone.

THRIVE investors see long-term impact, year on year, through growth in the portfolio resulting in the generation of more kilowatt-hours of renewable electricity. The average shareholding saved 12.8 tonnes of CO2e emissions in 2016.

"As an investor, my motivation is that I want to make my money work to generate kilowatt hours and investing in renewable energy companies seems to be the most efficient way of doing this and that's why I invest. Investing in renewables is a really important thing to do if you're trying to make a personal difference to the way the world works." Said Peter Jackson, an advocate and long-term shareholder.

Renewable energy generated a record amount of electricity in the first three months of this year, making up more than 26 per cent of the total produced in the UK, according to new government figures.

"The growth in the contribution of renewable electricity has meant that on 10 May 2016 the UK used no coal to generate electricity, the first day of its kind since 1882. On the 07 June 2017 more than 50% of the UK's electricity was generated by renewable projects, a situation which we'll see more of in the future, as renewables contribution to cleaning up the UK's electricity system grows. Thrive allows individuals to invest directly into renewable energy projects and take part in this energy transition." Said Matthew Clayton, MD of Thrive Renewables.

The combination of clean energy generated, coupled by the long-term returns, are key drivers to investment. Margaret Hayday, also a long-term investor said: "It's the fact that we can actually participate in something, be connected with, and follow it along with time and appreciate what's going on."

As well as individuals, the company attracts Foundations, Trusts and Institutions as it reflects the values based investment that it's investors are often looking for. Danielle Walker Palmour, Director of Friends Provident Foundation said:

"Thrive Renewables energy bond allowed us to invest in a way that aligns with our mission while also providing a good return on investment for the foundation. Investment opportunities like this are an obvious solution for mission-driven organisations looking to manage their assets in a way that aligns with their values."

Not only is there the environmental impact, but a community one as well. The company invests in a community benefit programme that provides energy saving initiatives to local amenities, such as village halls, close to its wind farm and hydro sites. In 2016 in addition to making community spaces more comfortable, 10.13 tonnes of CO2e saved by the community programme. John Kerr of the Bridge of Orchy Village Hall received 4,000 pounds which paid for roof and floor insulation said: "There can be no doubt that we have achieved something remarkable that will change the quality of life for a 'very rural' community."

SOLAR DAILY
Meniscus-assisted technique produces high efficiency perovskite PV films
Atlanta GA (SPX) Jul 10, 2017
A new low-temperature solution printing technique allows fabrication of high-efficiency perovskite solar cells with large crystals intended to minimize current-robbing grain boundaries. The meniscus-assisted solution printing (MASP) technique boosts power conversion efficiencies to nearly 20 percent by controlling crystal size and orientation. The process, which uses parallel plates to cre ... read more

Related Links
Thrive Renewables
All About Solar Energy at SolarDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SOLAR DAILY
Quantum mechanics inside Earth's core

SSL To Provide Next-Generation Imaging Satellite Constellation To Digitalglobe

Computer vision techniques shed light on urban change

Extreme low-oxygen eddies in the Atlantic produce greenhouse gases

SOLAR DAILY
India Plans to Roll Out National GPS Next Year

Orbital Alliance Techsystems receives contract for GPS artillery

Europe's Galileo satnav identifies problems behind failing clocks

New orbiters for Europe's Galileo satnav system

SOLAR DAILY
Ancient fungi could help Canada's future northern forests

UNESCO urges Poland to stop logging ancient forest

Green activists, rangers face off over Poland's ancient forest

Slow-growing ponderosas survive mountain pine beetle outbreaks

SOLAR DAILY
New biofuel technology significantly cuts production time

Solving a sweet problem for renewable biofuels and chemicals

Cutting the cost of ethanol, other biofuels and gasoline

A whole-genome sequenced rice mutant resource for the study of biofuel feedstocks

SOLAR DAILY
There Will Always be Sun on this Horizon

SolarEdge Launching First PV Inverter-Integrated Electric Vehicle Charger

Investors Generate 174,000,000 kWh of Renewable Electricity

More EU praise for progress on renewable energy

SOLAR DAILY
Unbalanced wind farm planning exacerbates fluctuations

Algeria seen as African leader for renewable energy

Owls' wings could hold the key to beating wind turbine noise

Thrive Renewables delivers mezzanine funded wind farms in Scotland

SOLAR DAILY
China backs hundreds of global coal power projects

Rio prefers Yancoal to Glencore in Australia coal sale

Glencore makes new bid for Rio's Australia coal assets

Rio backs Yancoal over Glencore for Australia coal minesw

SOLAR DAILY
China hits back at criticism over Nobel laureate's death

China under pressure to free dissident's widow

China's ailing Nobel laureate in 'critical condition'

Chinese court jails author of Tiananmen report: lawyer









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.