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Every day we hear stories that show us the stark reality of the climate crisis – from heat waves, droughts and catastrophic flooding to large scale biodiversity loss and food insecurity. And with constant reminders of how global heating is impacting millions around the world, it’s easy to feel overwhelmed and unsure of how to take meaningful action as an individual.
The science is clear however – to avoid the very worst impacts of climate change, emissions need to be reduced by half by 2030 and reach net zero by 2050. We believe that accelerating our transition to a cleaner, fairer energy system is the only way to achieve this. And the good news? Everyone can help in making a difference. For some, this may include using their money as a force for good by investing directly into new clean energy projects.
Why should you care about clean energy?
Renewable energy sources like the sun and wind are naturally abundant – that means their potential for producing power is enormous! By investing in proven technologies such as wind, solar, hydro and geothermal, you can help break the link between the burning of fossil fuels and causing irreversible damage to the environment. And with temperatures reaching some of the hottest on record this year, now is not the time to be giving up hope or slowing down.
As well as reducing dangerous carbon emissions, investment into new developments like a wind or solar farm supports the UK’s transition to a green economy that puts people and planet first. In fact, MP Chris Skidmore has called net zero the ‘economic opportunity of the 21st century’. All we need to do now is to harness it.
As all eyes focus on Dubai for the COP28 conference later this month, the conversation around the climate crisis and the world’s ability to decarbonise will be reignited. Renewables aren’t going anywhere – what we need to focus on is working together to speed up deployment.
Why Thrive Renewables?
We were one of the first businesses to bring wind farms into operation in the UK almost thirty years ago – when just two per cent of the of UK electricity was produced by renewables. Since then, thanks to our 7,000+ investors, we have funded 39 clean energy projects across the country including onshore wind, solar, hydro, geothermal and battery storage. In fact, our £110 million portfolio has already avoided the equivalent of one million tonnes of CO2 emissions in total.
To support our vision of a renewables-based energy system, we’re looking to double our generation capacity in the next five years. This means building more onshore wind, solar and battery storage sites, as well as funding new ‘direct wire’ projects – which enable UK businesses to generate their own clean power, via solar panels on the roof for example.
We also plan on providing funding for more communities that want to own their own local energy project – just like we did with Ambition Community Energy, providing the construction funding for England’s tallest onshore wind turbine in Bristol, and more recently with ATTIX CIC – committing £4 million to help them build Scotland’s first subsidy free, 100 per cent community-owned wind turbine.
New share offer
To fund our pipeline of exciting new clean energy projects, we’re looking to raise £10 million in the next six months and £50 million by the end of 2028. Our new share offer is available on the Triodos Bank crowdfunding platform until 3 December and the minimum investment is £243 or 100 shares.
Investing in shares involves risk – including potential for loss of capital – as the value of shares may go down as well as up. The payment of dividends and the target return on equity are not guaranteed. Shares can be sold through a monthly share auction should there be buyers but may take time to sell.
This financial promotion was approved on 31 October 2023 by Triodos Bank UK Limited, registered in England and Wales with number 11379025. Registered Office: Deanery Road, Bristol, BS1 5AS. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 817008.