Ethical Power Group
Ethical Power is one of the UK’s most innovative and ambitious sustainable energy companies.
Ethical has market-leading expertise in Engineering, Procurement and Construction (EPC) contracts. The team also advises on Operation and Maintenance (O&M) and Asset Management. Ethical Power’s O&M Team operates more than 250 MW of PV across the UK.
In November 2020, Hive Energy acquired 50% of the Ethical Power Group.
Our partnership with Ethical Power transforms Hive into a market-leading renewable energy business. Together, we have a track record across the whole life cycle of solar energy projects.
The partnership between Hive and Ethical will facilitate the delivery of over 2GW solar projects. This pipeline marks our latest progression towards our mission; creating transformational change for a cleaner future. The combined position of Hive and Ethical will allow the Hive Group to select the best assets for development & acquisition. The partnership will be a key market player. Ethical has involvement in over 2GW of projects in development and tenders submitted to construct over 1.2GW of solar assets.
The partnership aims to build a sizeable portfolio of high-quality generating assets and secure long term PPAs. We believe that renewable energy generation is the most crucial thing to happen to our planet over the next 50 years. The acquisition of Ethical Power is an exciting milestone because it will allow us to transition into a leading renewable energy business. Furthermore, we will be able to deliver more world-class solar projects. This partnership will support the decarbonisation of our energy system and accelerate the transition to a green economy.