Good Energy has partnered with Ripple to provide its customers with opportunities to invest in large-scale renewable projects.
This initiative allows consumers to earn credits on their Good Energy accounts by owning portions of wind or solar projects such as the Whitelaw Brae Wind Farm in Scotland.
Good Energy, a prominent renewable supplier, and Ripple, a clean energy co-operative, have announced a strategic partnership. This collaboration enables customers of Good Energy to invest in substantial wind and solar projects. By allowing consumers to own parts of these projects, Good Energy strengthens its mission to promote clean energy usage within households and businesses across the UK.
Additionally, this initiative facilitates the growth of renewable projects, contributing positively to environmental conservation. The long-term commitment to sustainability by both companies underscores the importance of co-operative efforts in combating climate change.
Ripple’s CEO, Sarah Merrick, noted the growing movement towards co-operative ownership of renewable sites in the UK, emphasising its significance in simplifying consumer involvement.
This investment aligns with Good Energy’s broader strategy to innovate within the clean energy sector while providing diverse energy solutions to consumers.
Profit before tax improved significantly, reaching £5.7 million from the previous £1.4 million, indicating a strong market position and financial stability.
Customers can own a part of the energy sources without changing suppliers, thus offering a seamless transition to green energy.
The collaboration underscores the future direction of energy initiatives, focusing on consumer ownership and sustainability.
Good Energy’s collaboration with Ripple represents a significant step towards consumer empowerment in renewable energy. By simplifying ownership and providing financial benefits, this partnership promotes sustainable practices and supports the development of green projects across the UK.
