- ACED has completed over 700 MW of wind and 500 MW of solar projects under the DMRERE Independent Power Producer Procurement Programme.
- The firm is developing more than 3.5 GW of wind and 4.5 GW of solar photovoltaic projects for private clients and African governments.
African Clean Energy Developments (ACED) has successfully developed 1.4 gigawatts (GW) of greenfield renewable projects. These projects have a combined capital expenditure of more than R35 billion ($1.8 billion). The firm, a leading South African renewable energy development and delivery platform, has been in operation since 2008 and is at the forefront of the industry in the country.
The company has completed over 700 megawatts (MW) of wind and 500 MW solar projects under the Department of Mineral Resources and Energy’s Renewable Energy Independent Power Producer Procurement Programme. The firm also has 170 MW of wind and 30 MW solar projects in construction in the private offtake market.
ACED’s private projects have led the market and provided clients such as Harmony Gold, Sibanye-Stillwater and Sasol with low-cost, zero-emission power solutions. Another 470 MW of private projects are due to enter construction in the next two quarters. ACED is further developing more than 3.5 GW of wind projects and 4.5 GW of solar photovoltaic projects for private clients and African governments, including South Africa, Eswatini, Namibia and Malawi.
ACED, owned and funded by Old Mutual’s African Infrastructure Investment Managers, is part of the group’s well-established and vertically integrated ecosystem of businesses. The most notable in the group is Energy Infrastructure Management Services Africa (EIMS), which asset manages ACED-developed projects, ensuring optimal performance.