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Ethical Power - About the company

Ethical Power is a series B company based in Exeter (United Kingdom), founded in 2010 by Thomas Kneen. It operates as a Provider of solar-as-a-service systems on a residential and commercial scale. Ethical Power has raised an undisclosed amount in funding from Hive Energy. The company has 259 active competitors, including 7 funded and 19 that have exited. Its top competitors include companies like Belltown Power, Renewable Energy Systems and Island Green Power.

Company Details

Social
X
Registered Address
UNIT 9 DUNCHIDEOCK BARTON,DUNCHIDEOCK,EXETER,DEVON,ENGLAND,EX2 9UA
Key Metrics
Founded Year
2010
Location
Stage
Series B
Latest Funding Round
Investors
Ranked
Employee Count
177 as on Aug 31, 2026
Investment & Acquisitions
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Ethical Power's funding and investors

Ethical Power has raised funding over 1 round. Its latest funding round was a Series B round on Nov 26, 2020 for $*****. 1 investor participated in its latest round. Ethical Power has 1 institutional investor.

Here is the list of recent funding rounds of Ethical Power:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 26, 2020
9039325
Series B
6508855
3517990
9662555
2063965
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Ethical Power's founders and board of directors

Founder? Claim Profile
The founders of Ethical Power is Thomas Kneen. Thomas Kneen is the CEO of Ethical Power.
Here are the details of Ethical Power's key team members:

Ethical Power's Board of Directors

Ethical Power's board has 1 active member. Thomas Kneen is part of team.
Here is the list of Ethical Power's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
16y 4m
qnbrcwg
Team
-
Past
5y 4m
mmfxlvl
Independent board member
-
Past
5y 4m
hzkt{jh
Independent board member
-
Past
3y 4m
tuvgbts
Independent board member
-
Past
1y 8m
tahsrrj
Independent board member
-
Past
5y 6m
bgeemrc
Independent board member
-
Past
7y 5m
{cyygu{
Independent board member
-
Past
2y 7m

Ethical Power's employee count trend

Ethical Power has 177 employees as of Aug 26. Here is Ethical Power's employee count trend over the years:
Employee count trend for Ethical Power
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Ethical Power's Competitors and alternates

Top competitors of Ethical Power include Belltown Power, Renewable Energy Systems and Island Green Power. Here is the list of Top 10 competitors of Ethical Power, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Belltown Power
Belltown Power
2013, London (United Kingdom), Seed
Developer of renewable energy power plants
$62K
58/100
2nd
Logo for Renewable Energy Systems
Renewable Energy Systems
1981, Kings Langley (United Kingdom), Funding Raised
Developer of renewable energy
-
55/100
3rd
Logo for Island Green Power
Island Green Power
2013, London (United Kingdom), Acquired
Turnkey developer of solar plants
-
-
53/100
4th
Utility-scale solar power project developer
-
47/100
5th
Developer of large scale solar projects
-
-
47/100
6th
Logo for PS Renewables
PS Renewables
2012, Portsmouth (United States), Unfunded
UK's renewable energy development and construction leader, committed to clean air
-
-
44/100
7th
Logo for Bluestone Energy
Bluestone Energy
2018, London (United Kingdom), Unfunded
Developer of solar energy power projects
-
-
43/100
8th
Logo for Elgin
Elgin
2009, London (United Kingdom), Acquired
Developer of utility scale solar power and battery storage assets
-
42/100
9th
Logo for Sun Investment Group
Sun Investment Group
2014, London (United Kingdom), Public
EPC player in solar, wind, biomass.
-
-
42/100
10th
Logo for Ethical Power
Ethical Power
2010, Exeter (United Kingdom), Series B
Provider of solar-as-a-service systems on a residential and commercial scale
-
41/100
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Ethical Power's Investments and acquisitions

Ethical Power has acquired GTDS. Ethical Power has not made any investments as of now.

Reports related to Ethical Power

Here is the latest report on Ethical Power's sector:

News related to Ethical Power

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Media has covered Ethical Power for a total of 4 events in the last 1 year, 4 of them have been about company updates.
Ethical Power Group’s Acquisition Of GTDSGlobal Legal ChronicleJun 24, 2024Ethical Power, GTDS, Cripps
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