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
- Website
- ethical-power.com
- Registered Address
- UNIT 9 DUNCHIDEOCK BARTON,DUNCHIDEOCK,EXETER,DEVON,ENGLAND,EX2 9UA
Key Metrics
Founded Year
2010
Location
Exeter, United Kingdom
Stage
Series B
Latest Funding Round
Investors
Ranked
10th among 259 active competitors
Employee Count
177 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Ethical Power
Ethical Power is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ETHICAL POWER LTD CIN: 7223160 , United Kingdom, Active | Apr 13, 2010 | - | - |
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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 |
View details of Ethical Power's funding rounds and investors
Ethical Power's founders and board of directors
Founder? Claim ProfileThe 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:
- Thomas Kneen: Founder & CEO of Ethical Power. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Ethical Power's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Belltown Power 2013, London (United Kingdom), Seed | Developer of renewable energy power plants | $62K | 58/100 | |
2nd | Renewable Energy Systems 1981, Kings Langley (United Kingdom), Funding Raised | Developer of renewable energy | - | 55/100 | |
3rd | Island Green Power 2013, London (United Kingdom), Acquired | Turnkey developer of solar plants | - | - | 53/100 |
4th | British Solar Renewables 2010, Bath (United Kingdom), Acquired | Utility-scale solar power project developer | - | 47/100 | |
5th | Octopus Energy Generation 2022, London (United Kingdom), Unfunded | Developer of large scale solar projects | - | - | 47/100 |
6th | PS Renewables 2012, Portsmouth (United States), Unfunded | UK's renewable energy development and construction leader, committed to clean air | - | - | 44/100 |
7th | Bluestone Energy 2018, London (United Kingdom), Unfunded | Developer of solar energy power projects | - | - | 43/100 |
8th | Elgin 2009, London (United Kingdom), Acquired | Developer of utility scale solar power and battery storage assets | - | 42/100 | |
9th | Sun Investment Group 2014, London (United Kingdom), Public | EPC player in solar, wind, biomass. | - | - | 42/100 |
10th | Ethical Power 2010, Exeter (United Kingdom), Series B | Provider of solar-as-a-service systems on a residential and commercial scale | - | 41/100 |
Looking for more details on Ethical Power's competitors? Click here to see the top ones
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
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 sells 50-MW English solar-storage project to ChintRenewables Now•Dec 05, 2025•Chint Solar, Ethical Power
•
Meridian Energy Begins Construction on Ruakākā Solar Farm in New ZealandRenewable Energy Magazine•Oct 31, 2025•Ethical Power, Meridian Energy
•
Ethical Power energises 55-MW Spanish PV park for EncavisRenewables Now•Sep 08, 2025•Ethical Power, ENCAVIS
•
•
Ethical Power secures permission for 63.4 MW of solar farms in EnglandRenewables Now•May 07, 2025•Ethical Power
•
Meridian to proceed with $206 million Ruakākā Solar Farmv magazine•Mar 25, 2025•Meridian Energy, Ethical Power
•
Private investor acquires 50% in UK renewables company Ethical PowerRenewables Now•Jan 03, 2025•Ethical Power, Hive Energy
•
Ethical Power Signs First Solar EPC Contracts in ItalyRenewable Energy Magazine•Dec 21, 2024•Ethical Power, ENCAVIS
•
Ethical Power gets BoP contract for Varco BESS project in CornwallRenewables Now•Jul 23, 2024•Ethical Power, Varco Energy
•
Ethical Power Group’s Acquisition Of GTDSGlobal Legal Chronicle•Jun 24, 2024•Ethical Power, GTDS, Cripps
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