Hive Energy
Hive Energy is a UK-based renewable energy developer (founded 2010) that originates, develops, and sells utility-scale solar, wind, green hydrogen, and green ammonia projects to institutional investors and infrastructure funds across more than 20 countries.
- Company typePrivate
- Founded2010
- HeadquartersEast Wellow, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Hive Energy does
Hive Energy is a UK-headquartered renewable energy project developer founded in 2010, operating in over 20 countries across Europe, Africa, Latin America, North America, and Oceania. The company develops utility-scale solar PV, wind, green hydrogen, and green ammonia projects from origination through permitting and grid connection, then sells the projects (or rights to them) to institutional investors and infrastructure funds such as Quinbrook Infrastructure Partners, Noy Fund, and Chint Solar. With £1.6 billion of capital deployed, 2 GW of projects developed, and a 23 GW pipeline, Hive Energy runs a multi-technology platform with country managers in each market and flagship assets including the $5.8 billion Coega green ammonia plant in South Africa.
Its core technology spans utility-scale solar PV, wind, and electrolyser-based green hydrogen and ammonia production, including access to Topsoe solid oxide electrolyser cells that use 25-30% less electricity than alkaline units and to Hydrilyte liquid hydrogen storage licensed through Carbon280. The business model combines project development and sale (the primary revenue stream), future production sales of green ammonia and hydrogen to agricultural, chemical, shipping, and industrial off-takers, and a circular economy investment arm (Hive Ventures) holding stakes in CuanTec (chitosan biopolymers), Nafici (EcoPulp), Packamama (sustainable packaging), My DD Points, and Carbon280. The group is integrated vertically through its 50% stake in Ethical Power Group, which provides EPC, O&M, and asset management capabilities.
Customer segments are exclusively enterprise: institutional investors and infrastructure funds acquiring utility-scale projects at various development stages, and (forward-looking) industrial off-takers of green ammonia and hydrogen. Distribution is sales-led via direct country-level engagement and partnerships with co-developers such as BuiltAfrica, Topsoe, Woodside Energy, and Renovo Bioeconomy.
Hive Energy firmographics
Firmographics- Name
- Hive Energy
- Legal name
- Hive Energy
- Website
- https://hiveenergy.co.uk
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Hive Energy is a UK-based renewable energy developer (founded 2010) that originates, develops, and sells utility-scale solar, wind, green hydrogen, and green ammonia projects to institutional investors and infrastructure funds across more than 20 countries.
- Ownership category
- akta.pro rank
Hive Energy industry classification
Industry- Product category
- Renewable Energy Project Development
- NAICS
- Biomass Electric Power Generation (221117)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)
- akta.pro secondary industries
- WtE Plant Development, EPC & O&M Services (Project delivery and operations) (EUAAAKAK), Biomass Plant EPC & Integration (Design/Build, Balance of Plant) (EUAAAGAH)
Keywords
Where Hive Energy is headquartered
LocationHeadquarters
- HQ city
- East Wellow
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Hive Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Project Development and Sale: Developing solar, wind, and green hydrogen projects from origination through permitting, then selling completed projects or project rights to institutional investors and infrastructure funds at various development stages (RTB, operational)
- Green Hydrogen/Ammonia Production: Future revenue from production and sale of green ammonia and green hydrogen for agricultural, chemical, shipping fuel, and industrial markets
- Strategic Investments: Hive Ventures invests in circular economy and green technology companies, providing capital and operational support in exchange for equity stakes
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Hive Energy product offering
Product offeringCore offering
Hive Energy is a UK-based international renewable energy project developer that originates, develops, permits, and delivers utility-scale solar PV, wind, green hydrogen, and green ammonia projects across more than 20 countries. The company secures land, grid connections, and permits, then sells completed projects or development rights to institutional investors, infrastructure funds, and energy companies at various development stages (RTB, operational). It also operates circular economy ventures including Hive Carbon (biochar), Hive Aggregates (sustainable building materials), and Hive Ecosystems (land restoration).
Product overview
Hive Energy is a UK-based international renewable energy developer operating across over 20 countries. The company operates a multi-product portfolio centered on utility-scale solar PV projects, green hydrogen, and green ammonia production. Beyond core renewable energy generation, Hive has expanded into the circular economy through Hive Ventures, which manages portfolio companies including CuanTec (chitosan biopolymers), Nafici Environmental Research (agricultural waste recycling), My DD Points (digital loyalty), and Packamama (sustainable packaging). The group also includes Hive Carbon (biochar production), Hive Aggregates (fly ash recycling), and Hive Ecosystems (land restoration). Hive Energy operates as a platform of interconnected clean energy and circular economy solutions, with significant infrastructure projects including the $5.8 billion Coega Green Ammonia Project in South Africa and various solar and wind projects globally.
Differentiator
Problem solved
Functional benefit
Brands
- Hive Solar: Solar energy development and projects
- Hive Hydrogen
- Hive Carbon
- Hive Ecosystems
- Hive Aggregates
- Hive Ventures
- Chrystal
- Hydrilyte
- EcoPulp
Products and services
- Utility-Scale Solar PV Projects Utility-scale photovoltaic solar power projects developed, constructed, and operated across multiple countries, ranging from small-scale installations to 350 MW+ solar parks with battery storage integration. Projects are developed to RTB or operational stages and sold to institutional investors and infrastructure funds.
- Green Hydrogen Production Industrial-scale green hydrogen production facilities powered by renewable energy, using electrolyser-based hydrogen extraction from water for industrial, agricultural, and export applications. Targets decarbonisation of hard-to-abate sectors including shipping, chemicals, and heavy industry.
- Green Ammonia Production
Quantifiable outcome
- 25-30% less electricity consumption using solid oxide electrolysers vs traditional alkaline
- +5 more outcomes
Companies that use Hive Energy
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Hive Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Hive Energy partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and strategic.
- TopsoecoreDanish company Topsoe selected to supply approximately $1 billion in electrolyser cell technology and ammonia synthesizing equipment for the Coega green ammonia project in South Africa. Topsoe will supply 850 MW solid oxide electrolyser cells using 25-30% less electricity than traditional alkaline electrolysers.
- Renovo BioeconomystrategicPartnership with Renovo Bioeconomy to launch one of the largest hydrogen valleys in Italy, combining renewable energy with bioeconomy solutions.
- Carbon280strategicHive Energy invested A$1.6 million in Australian company Carbon280 alongside Woodside Energy. Total funding round of A$7.6M for Hydrilyte hydrogen storage technology pilot. Hive gains access to innovative liquid hydrogen storage technology.
- Ethical Power GroupcoreHive acquired 50% of Ethical Power Group, one of UK's most innovative sustainable energy generation companies. Partnership facilitates delivery of 2+ GW of solar projects. Ethical Power brings EPC, O&M, and Asset Management expertise.
- BuiltAfricacoreSouth African partner in joint venture for Coega green ammonia project. BuiltAfrica Group, led by Thulani Gcabashe, provides local expertise, government relationships, and operational support for the $5.8 billion project in Eastern Cape.
- Wirsol EnergycorePartnership with Wirsol Energy to develop Cleve Hill Solar Park (350 MW), the UK's largest consented solar scheme. Combined expertise for development and delivery of this Nationally Significant Infrastructure Project.
- AfroxcorePartnership with Afrox (Linde group) for Coega green ammonia project. Afrox provides engineering division expertise, proven global expertise and technology for feasibility, engineering design and development phases.
- DBG GroupstrategicPartnership with Dutch green energy company DBG Group to transform industrial waste into biogas and fertilizers. Part of Hive's circular economy ventures.
- Fusion FuelstrategicCollaboration with Portuguese company Fusion Fuel for green hydrogen project in Spain. Grants access to Fusion Fuel's pioneering electrolysis technology developed for green hydrogen production.
- CerebosstrategicAfrica's largest salt producer supplying desalinated, demineralised water for the Coega green ammonia project. Partnership provides essential water supply while Cerebos benefits from green energy power supply.
- HES Aotearoa LtdcoreJoint venture with Ethical Power and Solar South West to develop PV solar assets across New Zealand. Pipeline of nearly 350 MW of utility scale solar assets.
- InvestSAstrategicBranch of South African Department of Trade, Industry and Competition providing investment facilitation through InvestSA One Stop Shop mechanism for Coega project.
Scale indicators12 records
Recent moves13 records
Expansion highlights6 records
Hive Energy competitors and assessment
Company assessmentDirect peers
- Lightsource bp: UK-based utility-scale solar developer acquired by bp. Directly comparable to Hive's core UK solar PV development business with similar project sizes, institutional buyer relationships, and multi-hundred MW pipeline.
- Harmony Energy: UK-based renewable developer specializing in solar PV and battery energy storage projects. Comparable to Hive's UK and European solar development operations with similar institutional investor GTM and project sizes.
Broad incumbents
- EDF Renewables UK: Subsidiary of EDF Group developing utility-scale wind, solar, and storage projects across the UK. Competes with Hive in UK solar development but operates as part of a much larger diversified energy portfolio.
- Ørsted: Global leader in offshore wind and renewable energy with growing green hydrogen ambitions. Overlaps with Hive's wind, hydrogen, and project development capabilities but at vastly larger scale and as a publicly listed utility.
- Iberdrola: Global renewable energy major with significant solar, wind, and emerging hydrogen operations across Europe, LATAM, and beyond. Comparable multi-technology renewable platform but operating at much greater scale across all of Hive's target geographies.
- Enel Green Power: Renewable energy subsidiary of Enel Group with global solar, wind, and storage development. Comparable to Hive's diversified renewable platform and geographic reach, but operates as a much larger integrated utility.
- Copenhagen Infrastructure Partners (CIP): Global fund manager focused on renewable energy infrastructure including offshore wind, solar, and green hydrogen. Comparable to Hive's institutional project development GTM and target buyer profile, but operates as a fund manager rather than developer.
- Solarcentury (now Statkraft): UK-origin solar developer acquired by Statkraft, the Norwegian state-owned renewable utility. Direct historical competitor to Hive's UK solar development operations; Costas Caralis (Hive's Greece Country Manager) previously built Solarcentury's Greek operations.
Emerging players
- Masdar: UAE-based renewable energy and green hydrogen developer with similar focus on utility-scale solar, wind, and emerging hydrogen/ammonia projects. Comparable multi-technology, multi-geography platform with shared emerging market emphasis.
- ITM Power: UK-listed green hydrogen equipment and project developer focused on PEM electrolyser technology. Complementary to Hive's hydrogen ambitions but more focused on equipment supply rather than full project development and ammonia synthesis.
Market position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Hive Energy social profiles
Digital presenceHive Energy compliance and trust
Trust signalCompliance3 records
Hive Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hive Energy leadership team
Management profileNumber of profiles
Profiles16 records
Hive Energy subsidiaries and ownership
Company hierarchySubsidiaries13 records
Hive Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hive Energy M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hive Energy
What does Hive Energy do?
Hive Energy is a UK-based international renewable energy project developer that originates, develops, permits, and delivers utility-scale solar PV, wind, green hydrogen, and green ammonia projects across more than 20 countries. The company secures land, grid connections, and permits, then sells completed projects or development rights to institutional investors, infrastructure funds, and energy companies at various development stages (RTB, operational). It also operates circular economy ventures including Hive Carbon (biochar), Hive Aggregates (sustainable building materials), and Hive Ecosystems (land restoration).
Is Hive Energy a public or private company?
Hive Energy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Hive Energy founded?
Hive Energy was founded in 2010. It employs 101 to 250 people.
Where is Hive Energy based?
Hive Energy is headquartered in East Wellow, United Kingdom, in the Europe region.
How does Hive Energy make money?
Three revenue lines are on record. Project Development and Sale is the primary driver. The others are green Hydrogen/Ammonia Production and strategic Investments.
Who are Hive Energy's main competitors?
Direct peers on record are Lightsource bp and Harmony Energy. Broad incumbents are EDF Renewables UK, Ørsted, Iberdrola, Enel Green Power, Copenhagen Infrastructure Partners (CIP) and Solarcentury (now Statkraft). Emerging players are Masdar and ITM Power.
Does Hive Energy have an API?
No public API is recorded for Hive Energy.
What industry is Hive Energy in?
Hive Energy's product category is Renewable Energy Project Development. Its primary akta.pro industry code is EUAMAAAG, Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence), with a secondary code of EUAAAKAK, WtE Plant Development, EPC & O&M Services (Project delivery and operations). Its NAICS code is 221117 and its SIC code is 4991.