Newly formed Q ENERGY Group enters European market with a 12GW project pipeline

July 1, 2022
Facebook
Twitter
LinkedIn
Reddit
Email
The newly formed umbrella company comes with 2GW of existing projects in Europe. Image: Hanwha Qcells.

Hanwha Qcells’ power plant division Q ENERGY Europe has teamed up with newly rebranded Q ENERGY France to establish umbrella company Q ENERGY Solutions SE as it seeks to deepen its ties to the European market where it has a 12GW development portfolio.

Both companies shall operate under the umbrella of Berlin-based holding company Q ENERGY Solutions SE, which is a direct affiliate of South Korean conglomerate Hanwha Solutions Corporation, parent company of the Korean module maker Hanwha Qcells that has also recently undergone a rebrand in line with its shifting business model.  

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Both companies will also come with 1GW of existing renewables projects in Europe and the Group as a whole is active across Spain, France, Portugal, German, Italy, the UK and the Netherlands.

The new Group will have a 12GW development portfolio, consisting of 9.25GW of solar PV and 2.25GW of wind power as well as 500MW of storage capacity. The projects are spread across Portugal (2GW), Spain (more than 4GW), France (5GW) and Germany (close to 1GW), with “aims to further expand its regional presence in Europe to countries like Italy, the UK and the Netherlands in the near term”.

Moreover, Q ENERGY will also explore how to accelerate green hydrogen project deployment, calling the technology “pivotal” for Europe’s energy transition.

“Q ENERGY sets out to deliver holistic solutions across the entire value chain of renewable energy projects to our European partners – from green-field-development, to engineering, procurement and construction (EPC), to operations & maintenance (O&M), all the way to selling clean energy as an independent power producer (IPP),” said Sang Chull Chung, CEO of the Q ENERGY Group.

“The coming three years will be dedicated to rapidly grow our company in all aspects to around double of its size today.”

The company said the group would be “fully bankable as a member of Top-7 Korean enterprise Hanwha Group, which recently stated its plans to invest US$3.3 billion in solar and wind technology with the intention of creating a solar R&D hub in South Korea as part of a massive investment strategy focused on several industrial areas.  

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

October 28, 2025
GreenYellow plans to invest US$116 million in Poland over the next three years to expand its installed capacity and customer base.
Premium
October 28, 2025
BESS are 'the new player that everyone is talking about,' in Europe’s power purchase agreement (PPA) space, according to LevelTen.
October 28, 2025
GoldenPeaks Capital secures EUR114 million (US$132 million) financing package for two solar PV Portfolio in Poland.
October 28, 2025
Navigating module procurement in this financial environment will be a key topic of conversation at the PV ModuleTech Europe 2025 event.
October 28, 2025
PV projects operate close to technical and financial limits, meaning that inaccurate inputs can have performance and profitability impacts.
October 28, 2025
Chinese solar inverter producer GoodWe has launched a new “low noise, low weight” string inverter for the European corporate & industrial solar market.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany