In January 2021 Hive Energy Acquired 50% of the Ethical Power Group. Hive Energy are one of the largest developers of renewable energy projects in the world. Their expert team have developed an international pipeline of solar (photovoltaics), green hydrogen, wind, and green ammonia projects. Hive now have a green energy pipeline of over 26 GW across over 20 countries. The transaction created a UK based fully integrated renewables company with successful track records in: development, construction, HV connections, operations and maintenance and asset management.
As well as in the UK, Ethical Power aim to support Hive Energy in building their projects. Taking advantage of it’s priorities access to Hive’s development pipeline, Ethical Power will acquire their projects at fair market value and build them out.
Hive Energy Limited have provided working capital and support to help Ethical Power scale up and expand into a number of new territories and business lines. Funding has been extended in the form of shareholder loans and Hive Energy continue to support the ongoing business growth.
Speak to us about investment opportunities or to receive an investors pack.
Solar energy is the largest renewable energy source on the planet. Our specialist teams continuously realise its potential, delivering the highest quality solar projects across the world.
With a high-voltage independent connection provider (ICP) in house, we can execute the complete range of services around BESS efficiently and to the highest standard.
Hydrogen is the fuel of the future. At Ethical Power, our innovative team of engineers and technology experts devise solutions for the challenges of green hydrogen production.
Environment, Social and Governance (ESG) initiatives
Ethical Power is committed to advancing initiatives across Environment, Social and Governance (ESG) topics:
We adapt, innovate and invest to combat climate change. We continue to improve our management of projects, both in built and in operation, and all our facilities around the world.
SocialRead about the causes we support
Our people are the most important asset. We fulfil our social responsibility by prioritising safety and wellbeing of our staff and by engaging with and making a positive impact for the communities around us.
GovernanceMeet our Leadership Team
Acting with integrity is one of our core values. We foster informed and effective decision-making, and appropriate monitoring of compliance and performance. We are honest and transparent in our processes and openly engage with all our stakeholders.
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Group News6 February 2024