• Swindon & Wiltshire M&A, deals
• Monday July 22 2024
• Author Name: Peter Davison

Good Energy teams up with clean energy co-operative Ripple

Chippenham-based renewable energy supplier Good Energy has teamed up with clean energy generator co-operative Ripple.

The deal will allow Good Energy customers to invest in solar and wind projects. The Chippenham-based firm sold its own large-scale wind and solar farms in 2021.

Through Ripple, customers will be able to invest in a share of one of the cooperative renewable developer’s projects and earn credit directly back to their Good Energy account via the electricity the project has generated.

Ripple’s projects include Whitelaw Brae Wind Farm in the Scottish borders, which is set to be the largest ever consumer-owned renewable energy site in Britain.

Nigel Pocklington, chief executive of Good Energy, said: “Good Energy are the specialists in microgeneration – helping hundreds of thousands of customers to generate their own clean power and source it from small-scale renewable generators.

“By working with Ripple we can offer them the chance to own their own portion of a large-scale renewable project and reduce their bills at the same time.

“We have always been big supporters of what Ripple is doing to make cooperative renewable energy ownership simple and accessible, and it’s well aligned with our mission to help customers use clean power in their homes and businesses.

“So we are very excited to be taking this step to work together. It means our tariffs, already acknowledged as among the greenest on the market, can be even greener.”

Sarah Merrick, founder and chief executive of Ripple Energy said: “Cooperative ownership of renewable energy sites is gaining real momentum in the UK, with Ripple demonstrating the tangible benefits that are accessible to everyone, no matter where they live.

“Good Energy backing this movement and becoming our latest supply partner further simplifies the process for consumers, making it even easier for people to get involved. Good Energy customers will be able to seamlessly own their own sources of renewable energy without having to switch suppliers.

“Alongside all our supply partners, we continue to empower British consumers to take control of their energy future, contributing to the energy transition while enjoying the financial benefits for themselves.

“With this latest collaboration, we’re another significant step forward in democratising the renewable energy industry, making it affordable and accessible for all.”

Pictured: Ripple Energy’s Kirk Hill wind farm in Scotland