What Active Development Investments does

Active Development Investments, a.s. (ADI) is a privately-held Czech investment and development group founded in 1992 and headquartered in Prague. The company specializes in the development, engineering, and delivery of renewable energy infrastructure projects — primarily photovoltaic (PV) power plants, wind farms, battery energy storage systems (BESS), combined heat and power (CHP) installations, and high-voltage substations. ADI also develops OPTIMUS, a proprietary mobile plastic-recycling technology deployed in ISO containers that converts sorted plastic waste into synthetic oil through controlled depolymerization. The group's technical capabilities include construction of the first private 400 kV substation in the Czech Republic (R-SAH), with transformer supply from SDEE and switchgear from Hitachi and Siemens, and it acts as general contractor through its subsidiary ADI Heat & Power a.s.

ADI generates revenue through multiple complementary streams: turnkey project delivery, Ready-to-Build (RTB) project sales to strategic investors (pension funds, municipalities, institutional capital), equity participation in heat-and-power sector companies, long-term Operations & Maintenance (O&M) contracts, engineering and consulting services, and licensing of its OPTIMUS recycling technology. The company serves independent investors, municipalities and cities, industrial partners seeking energy cost and emissions reductions, and institutional investors across the Czech Republic, with stated intent to expand beyond domestic borders. Realized renewable energy project value exceeds CZK 4 billion (~USD 175M+), and the group delivers more than 1,500 TJ of heat annually to customers, demonstrating recurring operational revenue alongside project-based income.

The company operates through six wholly-owned subsidiaries — ADI Heat & Power a.s. (heat and power, general contractor), PLASTOIL Europe a.s. (OPTIMUS technology), AHP 5HL s.r.o. (rooftop PV), ADI Fuel a.s. (fuel operations), ADI LED Power a.s. (LED lighting), and MTH Servisni a.s. (services) — providing vertical integration across project development, construction, and operations. Leadership remains founder-controlled under CEO Petr Hodan, with Martin Hodan as CTO driving international activities.

Name

Active Development Investments

Legal name

Active Development Investments, a.s.

Website

https://adinvest.cz

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

Active Development Investments a.s. (ADI) is a Czech private investment and development group founded in 1992 that develops, finances, and delivers renewable energy projects — including solar, wind, battery storage, and high-voltage substations — as well as proprietary plastic-recycling technology, serving municipalities, industrial partners, and institutional investors in Central Europe.

Ownership category

akta.pro rank

Product category

Renewable Energy Project Development

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111), Power and Communication Line and Related Structures Construction (237130)

SIC

Cogeneration Services & Small Power Producers (4991), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

Keywords

• Renewable energy development
• Solar power projects
• Wind power development
• Battery energy storage
• Plastic recycling technology

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Project Development and Turnkey Delivery: ADI develops renewable energy projects (solar, wind, BESS) and delivers them on a turnkey basis. Revenue is generated through project fees, development charges, and margins on construction. Projects are prepared as RTB (Ready-to-Build) with option for complete turnkey delivery.
2. Project Sales to Strategic Investors: Short- and medium-term projects are developed and subsequently sold to strategic investors (pension funds, municipalities, strategic players). This enables capital recycling and realization of development value.
3. Investment in Company Shareholdings: ADI invests in business interests of companies in heat and power sector, creating synergies across projects. Generates returns through dividends, asset appreciation, and strategic value creation.
4. Energy Development and Company Transformation: Initiates projects that are transformed into profitable companies at certain project stages. Companies are either retained for ongoing operations or sold to suitable investors.
5. Engineering and Consulting Services: Comprehensive engineering services covering project lifecycle from feasibility studies through operational optimization. Services include project management, permitting, technical consulting, and financing support.
6. OPTIMUS Technology Licensing: Mobile plastic recycling technology (OPTIMUS) provides alternative revenue through technology deployment and operational partnerships. Total investment in project: EUR 4.5 million.
7. Operations and Maintenance (O&M): Long-term operations and maintenance contracts for solar power plants, cogeneration units, and LED public lighting. Includes remote monitoring, regular maintenance, reporting, and technical management.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Active Development Investments (ADI) develops and delivers renewable energy projects in the Czech Republic, including solar photovoltaics (FVE), wind power plants (VTE), battery energy storage systems (BESS), and combined heat and power (CHP). The company provides turnkey project delivery, Ready-to-Build (RTB) preparation, joint venture partnerships, and operations and maintenance services, while also operating its proprietary OPTIMUS plastic recycling technology and building the first private 400 kV substation in the country.

Differentiator

Problem solved

Functional benefit

Brands

• OPTIMUS: Mobile modular facility for chemical recycling of plastic waste into high-quality synthetic oil through controlled depolymerization
• SAHARA
• R-SAH
• BESS

Products and services

• Turnkey Renewable Energy Project Delivery (Na klíč) Complete project delivery from design to launch for independent investors, municipalities, and industrial partners without internal project teams. Covers permitting, construction, grid connection, and operational handover for solar, wind, BESS, and heat projects.
• Ready-to-Build (RTB) Project Sales Fully permitted renewable energy projects ready for immediate construction, including valid connection agreements, land leases, easements, project documentation, and building permits. Ideal for investors with construction capabilities who want to manage construction with their own contractors.
• Solar Power Plant (FVE) Development End-to-end solar photovoltaic project development from site identification through permitting, construction, and operations. Projects range from small installations to 6 MWp parks, with 280 MWp pipeline in 2024-2025.
• Wind Power Plant (VTE) Development Wind farm development from site identification through permitting, construction, and operations. Includes reference wind park with six Siemens turbines in Bruntál region (13.8 MWe) and pipeline exceeding 350 MWe.
• SAHARA Battery Energy Storage System (BESS) Large-scale battery energy storage system development with 400 MW installed capacity and up to 1.6 GWh capacity, featuring integrated 400/110/35 kV substation infrastructure. One of the most significant battery storage projects in the Czech Republic.
• OPTIMUS Plastic Recycling Technology Mobile modular facility in ISO containers that converts sorted plastic waste into high-quality synthetic oil through controlled depolymerization. The output can be used in petrochemistry or as alternative fuel. Operated by subsidiary PLASTOIL Europe a.s.
• Engineering and Consulting Services Comprehensive engineering and consulting services covering the project lifecycle from feasibility studies through operational optimization. Includes project management, permitting, technical consulting, and financing support for renewable energy projects.
• Operations and Maintenance (O&M) Services Long-term recurring operations and maintenance for solar power plants, cogeneration units, and LED public lighting. Includes remote monitoring, regular maintenance, reporting, and technical management for clients without in-house operations teams.
• R-SAH 400 kV Private Substation Infrastructure First private substation at extra-high voltage level 400 kV in Czech Republic, enabling direct power output from renewable energy projects to the transmission system. Features 400 MVA transformer capacity and 400/110/35 kV voltage transformation.
• Rooftop PV Chomutov (1.1 MWp) Completed rooftop photovoltaic installation in Chomutov with 1.1 MWp capacity featuring smart overflow control, implemented by ADI subsidiary AHP 5HL s.r.o.

Quantifiable outcome

• 1,500+ TJ of heat delivered annually to customers across Czech Republic
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• PDL TransformationcoreStrategic or Co-development Partner · 2 May 2025ADI Group partnered with PDL Transformation for construction of the R-SAH strategic substation - the first private 110/400 kV substation in Czech Republic for renewable energy projects. PDL Transformation collaborates on key infrastructure development for power output from wind and solar projects. The partnership enables direct connection to the 400 kV transmission system.
• Svaz moderní energetiky (Modern Energy Association)coreStrategic or Co-development Partner · 29 April 2025ADI is a member/partner of the Modern Energy Association (SME), a leading platform in renewable energy, energy storage, community energy, and smart grid sectors. Partnership provides: (1) strong voice on legislative issues with government institutions, (2) access to latest information and trends in modern energy sector, (3) networking with key partners including companies, research institutions, and professional associations. ADI expects to gain strategic partnerships with other members and influence favorable legislative environment.
• Second FoundationcoreStrategic or Co-development PartnerADI developed the BESS Tušimice project and R-SAH substation infrastructure for Second Foundation Group's large-scale battery energy storage investment. The SAHARA project represents a CZK 4+ billion investment across three BESS facilities (Vraňany, Stonava, Tušimice) with combined 307 MW capacity. ADI developed both the substation and the project itself for Second Foundation.
• ADI Heat & Power a.s.coreStrategic or Co-development PartnerADI Heat & Power a.s. is the general contractor of the R-SAH substation project. Part of ADI Group structure, providing integrated execution capability for large-scale energy infrastructure.

Scale indicators17 records

Recent moves6 records

Expansion highlights2 records

Broad incumbents

• CEZ Group: Largest Czech utility with major renewable energy generation, distribution, and BESS ambitions. Overlaps with ADI on solar, wind, and storage development in Czech Republic but operates at vastly larger scale across generation, distribution, and retail.
• Energetický a průmyslový holding (EPH): Major Czech-headquartered energy group with significant renewable generation, cogeneration, and heat distribution operations. Comparable to ADI's heat-and-power and renewables portfolio but with substantially broader European asset base.
• Statkraft: Europe's largest generator of renewable energy with broad wind, hydro, solar, and storage portfolio. Overlaps with ADI's renewable generation development and grid-flexibility activities at much larger scale.
• BayWa r.e. Global renewable energy developer, EPC, and O&M provider active across European solar, wind, and storage markets. Comparable to ADI on project development and turnkey delivery across multiple renewable technologies.
• ib vogt: German-headquartered utility-scale solar PV and storage developer with global operations. Comparable to ADI on solar EPC and large-scale project development, though at substantially larger international scale.

Direct peers

• Photon Energy: Amsterdam-headquartered solar developer with deep Czech and CEE operations. Competes directly with ADI on utility-scale PV project development, EPC, and O&M services in the same geographic market.
• European Energy: Danish renewable energy developer with active project pipeline in Czech Republic and across CEE. Directly comparable to ADI as a utility-scale solar, wind, and storage project developer using develop-and-sell model with strong EPC and RTB capabilities.
• Akuo Energy: French independent renewable energy developer active in wind, solar, and storage across Europe and emerging markets. Comparable develop-and-sell business model and multi-technology project portfolio.
• First Energy Group: Czech-based renewable energy developer active in solar, wind, and BESS project development with RTB and turnkey delivery. Direct competitor to ADI in the Czech renewable project development market.
• Solar Global: Czech solar PV developer focused on utility-scale projects, EPC, and O&M. Closely comparable to ADI's Czech solar PV development activities and overlapping customer base of investors and municipalities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/adinvestcz
• Facebookfacebook.com/adinvestcz
• LinkedInlinkedin.com/company/active-development-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Active Development Investments