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Recently, the Hive Energy Company UK has stated that the Hive Energy app operating in Sri Lanka is a scam and has no relation with their company.
Also, they said that a fake website being promoted by those apps as company`s official website.
A Comparison between Fake vs Official Sites
Hive Energy is a UK-based renewable energy developer and operator. It specializes in developing, financing, constructing, and operating solar photovoltaic (PV) projects worldwide. Hive Energy focuses on large-scale solar energy installations, including solar farms and solar parks. They work with governments, communities, and businesses to develop sustainable energy solutions and contribute to the global transition toward clean energy sources. Link. Archived.
The fake app was removed from the Google Play Store after the officials reported it. But the fake website is still working.
The Fake website is
The registration phase of the fake web page can be reached here Archived
Screenshot of the fake web page
The official Hive Energy website is – https://www.hiveenergy.co.uk/green-energy/
Green energy projects` scams
Scammers sometimes target individuals or organizations looking to invest in renewable energy projects in developing countries. They may exploit the lack of regulatory oversight and transparency by offering fraudulent investment opportunities in solar, wind, or hydroelectric projects. Potential investors should conduct extensive background checks, engage local experts, and verify the legal and financial aspects of the project before committing any funds. Link. Archived
While the renewable energy industry has significantly promoted sustainable practices and investments, it is only partially immune to scams or fraudulent activities. Scammers may attempt to lure investors with promises of high returns on renewable energy projects. They may use misleading or false information about the project’s potential, financial performance, or technology. Investors should exercise caution and thoroughly research the project and the company before investing. These fraudulent schemes involve promising high returns to early investors by using funds from subsequent investors. While not exclusive to the renewable energy sector, scammers may use the allure of green energy investments to attract unsuspecting individuals. These schemes eventually collapse when there are not enough new investors to sustain the promised returns.
To protect yourself from scams in the renewable energy sector or any investment opportunity, it is advisable to exercise due diligence, conduct thorough research, verify claims and certifications, seek independent advice, and be cautious of unsolicited offers or high-pressure sales tactics. Additionally, consulting with financial professionals or experts in the renewable energy industry can provide valuable guidance when considering investments in green projects.
Governments and private investors worldwide are spending billions to subsidize green energy projects. Still, many of the emerging technologies in this industry need to be more proven, and controls often need to be more lax. Also, frequently, investors in green energy aren’t motivated by solid business judgment but by hope, hype, and good intentions. The result is an environment ripe for fraud. Link. Archived.
Read more about Scams Related to Green / Renewable Energy Projects.
If you have any queries or come across suspicious content related to climate change or the environment and want us to verify them for you, then send them to us on our WhatsApp hotline: +917045366366
-With inputs from Dinesh Balasri –
