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Renewables Industry Continues to Thrive Despite Subsidiary Cuts



Thrive Renewables (formerly Triodos Renewables) have completed a record-breaking year with their first bond offer copleted in just under four weeks.

Investors have demonstrated their confidence in renewable energy by embracing Thrive Renewables group’s first ever bond offer which closed in record time. Thrive Renewables (Buchan) as a subsidiary of Thrive Renewables plc, issued the 5.5% annual return bonds with the bonds available to be bought on the positive investment and savings platform, Ethex. With successful completion in reaching its target raise of £3 million in just under four weeks, this is the second fastest bond offer to close in Ethex’s history.

Within the first week of going live to existing shareholders, the offer had received almost half of its funding target. The bond had a £250 minimum investment with 5.5% annual return over a five year period and appeared to be warmly welcomed by the investor community. The investment was secured against two existing and generating wind farms in Strichen, Scotland, and as part of its community initiatives, Thrive Renewables made the bond available to the local public as part of the pre-general release.

One of Thrive Renewables’ bondholders, Herbert Eppel said, “there can be no doubt that being part of the emerging British community energy revolution gives a sense of empowerment, and that “bottom-up” energy projects will play an increasingly important role in the future. The Thrive Renewables (Buchan) bond offer was a perfect opportunity to add to my growing community energy portfolio.”

Lisa Ashford, CEO of Ethex commented, “Thrive Renewables completed their £3 million raise in record-breaking time. Despite subsidy cuts, it is good to see that there is still a groundswell of support for renewable energy projects. It was a strong offer and attracted investors right across the UK.”

Thrive Renewables has a strong investor community which now includes 418 bond holders, of which 100 with an average investment of £6,900 per holder. Despite the withdraw of Government subsidies for renewable energy, the success of this bond offer is testament to Thrive Renewables’ approach of investing in solid portfolios honed over a 20 year history.”

Investors were drawn from all areas and ages ranging from 24 to 90 years showing the diversity of Thrive Renewables’ community.

Matthew Clayton, Managing Director of Thrive Renewables added, “I’m absolutely delighted with the result of our first ever bond offer which is the fastest fund raise in our history. It is reassuring that investor confidence in solid assets offering environmental and financial rewards remains strong. Thrive Renewables is pleased that offering an additional way for individuals to directly contribute to cleaning up the UK’s energy system has been so successful. We can put the funds released to work as we continue to grow, adding to our renewable generation capacity.”

Building on the success of Thrive’s recently published annual results, 2015 has been a record- breaking year for the company, with a 16% growth in investor numbers and revenue was up 22% to £15 million. Generation capacity also rose to 169,485MWh of renewable energy with increased impact equivalent to 72,876 tonnes of CO2 saved (up 26% on last year).

To find out how you can become an investor or to develop a project with Thrive Renewables, visit for more information and to sign up to their quarterly newsletter.


A Good Look At How Homes Will Become More Energy Efficient Soon




energy efficient homes

Everyone always talks about ways they can save energy at home, but the tactics are old school. They’re only tweaking the way they do things at the moment. Sealing holes in your home isn’t exactly the next scientific breakthrough we’ve been waiting for.

There is some good news because technology is progressing quickly. Some tactics might not be brand new, but they’re becoming more popular. Here are a few things you should expect to see in homes all around the country within a few years.

1. The Rise Of Smart Windows

When you look at a window right now it’s just a pane of glass. In the future they’ll be controlled by microprocessors and sensors. They’ll change depending on the specific weather conditions directly outside.

If the sun disappears the shade will automatically adjust to let in more light. The exact opposite will happen when it’s sunny. These energy efficient windows will save everyone a huge amount of money.

2. A Better Way To Cool Roofs

If you wanted to cool a roof down today you would coat it with a material full of specialized pigments. This would allow roofs to deflect the sun and they’d absorb less heat in the process too.

Soon we’ll see the same thing being done, but it will be four times more effective. Roofs will never get too hot again. Anyone with a large roof is going to see a sharp decrease in their energy bills.

3. Low-E Windows Taking Over

It’s a mystery why these aren’t already extremely popular, but things are starting to change. Read low-E window replacement reviews and you’ll see everyone loves them because they’re extremely effective.

They’ll keep heat outside in summer or inside in winter. People don’t even have to buy new windows to enjoy the technology. All they’ll need is a low-E film to place over their current ones.

4. Magnets Will Cool Fridges

Refrigerators haven’t changed much in a very long time. They’re still using a vapor compression process that wastes energy while harming the environment. It won’t be long until they’ll be cooled using magnets instead.

The magnetocaloric effect is going to revolutionize cold food storage. The fluid these fridges are going to use will be water-based, which means the environment can rest easy and energy bills will drop.

5. Improving Our Current LEDs

Everyone who spent a lot of money on energy must have been very happy when LEDs became mainstream. Incandescent light bulbs belong in museums today because the new tech cut costs by up to 85 percent.

That doesn’t mean someone isn’t always trying to improve on an already great invention. The amount of lumens LEDs produce per watt isn’t great, but we’ve already found a way to increase it by 25 percent.

Maybe Homes Will Look Different Too

Do you think we’ll come up with new styles of homes that will take off? Surely it’s not out of the question. Everything inside homes seems to be changing for the better with each passing year. It’s going to continue doing so thanks to amazing inventors.

ShutterStock – Stock photo ID: 613912244

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IEMA Urge Government’s Industrial Strategy Skills Overhaul To Adopt A “Long View Approach”



IEMA, in response to the launch of the Government’s Industrial Strategy Green Paper, have welcomed the focus on technical skills and education to boost “competence and capability” of tomorrow’s workforce.

Policy experts at the world’s leading professional association of Environment and Sustainability professionals has today welcomed Prime Minister Teresa May’s confirmation that an overhaul of technical education and skills will form a central part of the Plan for Britain – but warns the strategy must be one for the long term.

Martin Baxter, Chief Policy Advisor at IEMA said this morning that the approach and predicted investment in building a stronger technical skills portfolio to boost the UK’s productivity and economic resilience is positive, and presents an opportunity to drive the UK’s skills profile and commitment to sustainability outside of the EU.

Commenting on the launch of the Government’s Industrial Strategy Green Paper, Baxter said today:

“Government must use the Industrial Strategy as an opportunity to accelerate the UK’s transition to a low-carbon, resource efficient economy – one that is flexible and agile and which gives a progressive outlook for the UK’s future outside the EU.

We welcome the focus on skills and education, as it is vital that tomorrow’s workforce has the competence and capability to innovate and compete globally in high-value manufacturing and leading technology.

There is a real opportunity with the Industrial Strategy, and forthcoming 25 year Environment Plan and Carbon Emissions Reduction Plan, to set long-term economic and environmental outcomes which set the conditions to unlock investment, enhance natural capital and provide employment and export opportunities for UK business.

We will ensure that the Environment and Sustainability profession makes a positive contribution in responding to the Green Paper.”

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