Ripple Energy Goes Bust: What It Means for You and the Future of Renewable Energy | |
Some big news has just hit the UK renewable energy sector – Ripple Energy has entered administration. If the name rings a bell, it’s likely because Ripple Energy was the company that gave everyday people the chance to invest in wind and solar farms to power their homes with clean, green energy. It was an excellent idea that combined saving money with supporting clean energy. But now, due to financial difficulties, Ripple Energy has hit a challenging period and has called in administrators. In this blog, we look at what happened and, more importantly, what it means for its customers and the broader green energy movement in the UK. Launched in 2017, Ripple Energy brought a fresh approach to renewable energy. Instead of buying green electricity from a supplier, customers could own a share of a wind or solar farm. Using a co-operative model, the organisation allowed people to invest directly in clean energy projects and receive savings on their energy bills based on the power their share generated. It offered a practical way to access green energy while giving people a hands-on role in tackling climate change. The model gained significant attention. Ripple successfully launched the 18.8MW Kirk Hill Wind Farm in Ayrshire, Scotland, and was developing the 42MW Derril Water Solar Park in Devon – large-scale projects designed to offer long-term benefits to its community of owners. | |
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| Target State: All States Target City : Norwich Last Update : May 14, 2025 3:36 AM Number of Views: 11 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002465895 |
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