Riding Sunbeams Revenue

About Riding Sunbeams

Riding Sunbeams is a world-leading innovator founded by climate charity Possible and Community Energy South. Our corporate mission is focussed on decarbonising rail traction networks through the development and connection of unsubsidised, direct-wire renewable generation with significant social impact for line-side communities. We were the first to achieve this globally through our pioneering FOAK 2019 project (funded by Department for Transport) which connected solar energy directly into Direct-Current, third rail powered railways, in conjunction with Network Rail at their Aldershot site. Thanks to our trailblazing work on this, Network Rail and Transport for London - the UK's biggest electricity consumers - have both now incorporated direct wire solar supply into their traction energy procurement strategies. We continue to work to both develop and demonstrate the required technology to connect solar energy and line-side energy storage to feed an Alternating-Current, overhead-wire railway. We are currently exploring the vast potential for direct wire solar traction supply in India. Our commercial model uses external finance and a Power Purchase agreement to minimise or eliminate capital outlay for transport operators such as Network Rail, with the cost of purchasing the green energy being offset by a reduction in energy purchased from the comparatively carbon-heavy grid. Riding Sunbeams estimate that each MW of solar capacity connected to the rail traction system will deliver annual carbon savings of around 245t/CO2e.

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