Ripple Energy
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Be careful investing with Ripple Energy
Be careful investing with Ripple Energy. They say all the right buzz words for environment, climate and energy saving. However, my subsequent experience with reality and the actual is different. They are selective as to what they answer, quite often don't. I joined them on their third project, Derril Water solar park in early 2023. Their second project Kirk Hill wind turbine farm was under construction. KH came online late, and has had issues since. Many KH members on the Ripple forum not happy, accounts failed to be filed, Companies House put Ripple on report. Same happened with Derril but this month, March 2025, that has been resolved for Derril. There have been sweeping changes of CoOp Board Directors, including Derrill, and independent auditors instructed. As things became more concerned, members expressed concern via the Ripple Community Forum, some expressing concern that direct emails to Ripple being ignored or part answered. I must admit I too have the same experience. They say we, the investors are the owners, Ripple being the management company but I do not feel like an owner, just a money provider. I was still happy with Ripple early 2024 so I invested in Whitelaw Brae, project 4. Within months it deteriorated. Whitelaw Brae was not a sole Ripple project like Derril, it had an owner and that owner sold out to another. All contact frooze with Ripple, all they would say is commercially they cannot comment while negotiating a partnership agreement. That was last September. By early 2025 they assured construction work was ongoing, members are OK but still cannot discuss! This week they have closed the Ripple Community for posting by members saying they are concerned by member comments. I felt member comments were correct bearing in mind Ripple were still keeping us, the owners shut out. We still do not know where we stand with Whitelaw Brae 1 year on. Kirk Hill still has issues, Derril accounts are filed, new directors appointed, new auditor address, I know that as I have registered myself with Companies House to monitor announcements about Derril. From Ripple it is silence on matters that are concerning, then snippets of what they want to say monthly. As owners we are treated like dirt. The following day of closing the Community they then added that due to new impending laws regarding online forums they need to close it to ensure it is ready to conform. Interesting, other forums have not closed! Another reason why since late 2024 I have become none loyal of Ripple is Derril should have come online in Autumn 2024. It is now summer 2025 and summer has a 3 month period, so when in summer. Basically it will be a year late and no explanation. We are given monthly updates on Derril and the early January one said all panels will be completed by end of January, sub stations being built. Yet the February update, coming in early March said only 70% of the panels are up. Yes a video showed a sub station with a roof on. Ripple is still active. There are brief monthly updates. Are they a scam, well Kirk Hill indicates not. Are they business quality minded, from my experience no. I am in Derril and Whitelaw Brae. Cannot request to come out until 2 years after switch on. By then I will stay with them. However I will not invest in another project with them. You are not an owner, just an investor. You are kept in the dark on serious matters. I do not think they are a competent company. Once the project is completed, it is a separate legal entity so hopefully if the end of Ripple comes, we investors can lobby the board of Directors with regards independence. Sad really, the idea is sound. I just think the industry is beyond the current board of directors of Ripple Energy or at the very least Ripple Management are simply aloof to those they need.