| Energy Development Corporation |
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By post: The Energy Development Corporation (EDC) was established in January 2004 as a division of CEF. Based in South Africa, the focus of this division is to invest in renewable energy and alternate energy fields. The EDC supports energy development through commercial, developmental and social projects. EDC focuses on a number of areas including solar energy, wind energy, hydro energy, biomass, biogas and low-smoke fuels. It supports energy development through commercial, developmental and social projects. EDC supports the development of an energy economy in which modern renewable energy provides affordable access to energy, thus contributing to sustainable development and environmental conservation. It targets market sectors where there is insufficient private sector activity as well as where the government, for strategic reasons, believes state investment is required. EDC is also involved in sectors where renewable energy and energy efficiency requires catalysing and developing. EDC is a leader in taking higher risks to develop these sectors. EDC is committed to Africa, although South Africa is its major target market. Any potential investments in Africa will be considered, especially if they meet the goals of the New Partnership for Africa's Development (Nepad) and the Southern African Development Community (SADC). Its competitive advantage is enhanced by the need for additional serious institutional players on the African continent.
EDC vision
EDC mission |
