QENERGY France
QENERGY France SAS is a Hanwha Solutions-owned European renewable energy developer headquartered in Avignon, developing, building, and operating utility-scale solar, wind, storage, and hydrogen projects across France, Germany, Spain, and Portugal, serving municipalities, investors, landowners, farmers, and industrial CPPA off-takers.
- Company typePrivate
- Founded2022
- HeadquartersAvignon, France
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What QENERGY France does
QENERGY France SAS is a wholly-owned French operating subsidiary of Q ENERGY Solutions SE, a Berlin-headquartered European renewable energy platform controlled by South Korea's Hanwha Solutions Corporation (Fortune Global 500). The French entity, headquartered in Avignon, was formed in 2022 when Hanwha merged its acquired French RES operations with the Qcells 'Green Energy Solutions' unit, consolidating 25+ years of European downstream renewable energy experience. The group develops, finances, constructs, and operates utility-scale solar, onshore wind, offshore wind (fixed and floating), agrivoltaic, battery energy storage (BESS), repowering/refurbished-turbine, and emerging green hydrogen projects across France, Germany, Spain, and Portugal, with a development pipeline exceeding 8.2 GW and over 2.5 GW completed to date.
Q ENERGY operates a full-lifecycle project model: it originates land lease agreements with landowners and farmers, runs multi-year permitting processes with municipalities, develops and finances projects through to ready-to-build, executes EPC via in-house construction teams (the Head of EPC has delivered approximately 1 GW of solar parks at Qcells), and retains long-term asset management plus O&M. Revenue is generated through a mix of recurring streams — 10–20 year Corporate Power Purchase Agreements (CPPAs) with industrial and commercial off-takers, long-term land lease payments, asset management fees on the operating fleet — and project-level transactions including equity stake monetization, project sales to infrastructure investors, and developer/EPC fees. The company employs approximately 600 people across 13 offices in four countries and runs an enterprise field-sales motion targeting municipalities, investors, landowners, farmers, and industrial/commercial customers. In 2024, Q Energy Solutions SE raised CHF 200 million via Korea-Eximbank-guaranteed green notes listed on the SIX Swiss Exchange, providing institutional capital for ongoing build-out, and the group has continued to expand in 2026 via a one-third stake in the 250 MW Pennavel floating offshore wind project (Brittany), a pioneering refurbished-turbine wind farm in France, and a partnership-driven entry into the Canadian offshore wind market via Nova Scotia.
QENERGY France firmographics
Firmographics- Name
- QENERGY France
- Legal name
- QENERGY France SAS
- Website
- https://qenergy.eu
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- QENERGY France SAS is a Hanwha Solutions-owned European renewable energy developer headquartered in Avignon, developing, building, and operating utility-scale solar, wind, storage, and hydrogen projects across France, Germany, Spain, and Portugal, serving municipalities, investors, landowners, farmers, and industrial CPPA off-takers.
- Ownership category
- akta.pro rank
QENERGY France industry classification
Industry- Product category
- Renewable Energy Development
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)
- SIC
- Electric, Gas & Sanitary Services (4900), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Onshore Wind Power Generation (Utility-Scale) (EUACAFAA), Battery Second-Life & Refurbishment (Repurposing for Stationary Storage) (EUAMALAF), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Microgrid Development, EPC & Integration (EUAMAJAB)
Keywords
Where QENERGY France is headquartered
LocationHeadquarters
- HQ city
- Avignon
- HQ country
- France
- HQ region
- Europe
Offices13 records
Markets served
QENERGY France business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Project Development & Asset Management: Developing, constructing, and managing renewable energy assets (solar, wind, storage) across Europe. Revenue generated through asset ownership, project sales, and long-term operation contracts.
- Corporate Power Purchase Agreements (CPPA): Long-term energy supply contracts (10-20 years) with industrial and commercial off-takers providing fixed-price green electricity, offering planning security and energy independence
- Land Lease Arrangements: Revenue generated through land lease agreements with landowners for renewable energy installations, offering financial benefits while maintaining property value
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
QENERGY France product offering
Product offeringCore offering
QENERGY France develops, finances, builds, and operates utility-scale renewable energy projects across solar (ground-mounted, floating, agrivoltaic), onshore wind, offshore wind (fixed and floating), battery energy storage (BESS), repowering of end-of-life turbines, and green hydrogen. It serves municipalities, investors, landowners, farmers, and industrial/commercial customers across Europe via long-term Corporate Power Purchase Agreements (CPPAs) of 10-20 years.
Product overview
Q ENERGY is a 360-degree European green energy company that develops, builds, and manages renewable energy assets as a trusted full-service partner across the entire value chain of large-scale renewable energy projects. The product portfolio includes Solar (ground-mounted, floating, and agrivoltaic), Wind Onshore, Wind Offshore (both fixed and floating), Agrivoltaics, Repowering (refurbished turbine wind farms), BESS (Battery Energy Storage Solutions), and Green Hydrogen. These technologies can be deployed as standalone projects or as hybrid solutions combining solar and/or wind with battery storage. The company also offers Corporate Power Purchase Agreements (CPPAs) for industrial and commercial customers seeking long-term green electricity procurement. With over 25 years of experience and a development pipeline exceeding 8.2 GW across European markets (France, Germany, Spain, Portugal), Q ENERGY operates from site identification through development, EPC, O&M, investment, and asset management.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Power Plants
Quantifiable outcome
- Fixed competitive pricing for green electricity over 10-20 year CPPA terms
- +3 more outcomes
Companies that use QENERGY France
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
QENERGY France technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
QENERGY France partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Elicio FrancecoreElicio is a partner in the Pennavel offshore wind farm consortium with Q ENERGY and BayWa r.e., developing a 250 MW floating offshore wind project in southern Brittany, France.
- BayWa r.e. FrancecoreBayWa r.e. is a partner in the Pennavel offshore wind farm consortium with Q ENERGY and Elicio, developing a 250 MW floating offshore wind project in southern Brittany, France.
- RenvominorRenvo provides turbine identification and sourcing services for Q ENERGY's project to build France's first wind farm made entirely of refurbished turbines.
- CoverwindminorCoverwind handles dismantling of existing turbines at Energiter's Plomodiern site as part of Q ENERGY's refurbished turbine wind farm project.
- RengineersminorRengineers performs nacelle and hub overhauls for Q ENERGY's pioneering second-life wind turbine project in France.
- Nova Scotia Community College (NSCC)corePartnership to develop offshore wind training programs in Halifax, Nova Scotia, aiming to create skilled trades jobs for the Wind West offshore wind project. The partnership depends on Q ENERGY's pre-qualification approval to operate in Canada.
- The Pier Research HubcoreThe Pier research hub collaborates with Q ENERGY France and NSCC on offshore wind skills training for Nova Scotia's developing wind energy sector.
- Hanwha OceancoreHanwha Ocean is Q ENERGY's South Korean partner in the Wind West offshore wind project in Nova Scotia, with a planned investment of approximately $60 billion in a 5 gigawatt offshore wind farm.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
QENERGY France competitors and assessment
Company assessmentDirect peers
- BayWa r.e. European renewable energy developer, EPC, and operations platform active across solar, wind, and storage; co-shareholder with Q ENERGY in the 250 MW Pennavel floating offshore wind project in Brittany, making it a direct project-level peer.
- RES (Renewable Energy Systems): Global renewable energy developer and EPC contractor; Q ENERGY France was carved out of RES France when Hanwha Solutions acquired RES's French operations in 2021, making RES the closest historical and operational peer in on/offshore wind and solar.
- Elicio: Belgian developer of onshore and offshore wind projects in Europe; co-developer and co-shareholder of the 250 MW Pennavel floating offshore wind project with Q ENERGY and BayWa r.e., making it a direct peer in floating offshore wind.
- Voltalia: French independent power producer developing, financing, and operating solar, wind, hydro, and storage projects with similar GTM toward municipalities, landowners, and corporates; a direct domestic peer in the French utility-scale renewable market.
- Akuo Energy: French independent renewable energy developer (solar, wind, storage, hydrogen) with a similar full-service model and similar customer segments; a direct peer in France with overlapping technology and offtake strategies.
Broad incumbents
- EDF Renewables: Subsidiary of EDF, one of Europe's largest utility-scale renewable developers with a broad solar, onshore, and offshore wind portfolio; a much larger incumbent competing for the same French and European project pipeline as Q ENERGY.
- EDP Renováveis (EDPR): Global utility-scale renewable developer listed on Euronext Lisbon; operates multi-GW wind and solar portfolios across Europe, the Americas, and APAC, and a major competitor for the same European corporate PPA market.
- RWE Renewables: European utility with a large global renewable generation portfolio spanning offshore wind, onshore wind, and solar; a deep-pocketed incumbent competing for the same European corporate offtakers and project sites.
- Iberdrola Renovables: Global utility-scale renewable developer with significant onshore wind, offshore wind, and solar assets in Europe, the Americas, and Australia; a much larger incumbent competing with Q ENERGY for European project sites, corporate PPAs, and grid capacity.
Emerging players
- Encavis AG: Independent European solar and wind IPP listed in Frankfurt; smaller and more focused than Q ENERGY but with a comparable model of owning and operating distributed and utility-scale renewable assets for recurring revenue.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
QENERGY France social profiles
Digital presenceQENERGY France compliance and trust
Trust signalCompliance2 records
QENERGY France financial estimates
Financial estimateRevenue estimate
Valuation estimate
QENERGY France leadership team
Management profileNumber of profiles
Profiles7 records
QENERGY France subsidiaries and ownership
Company hierarchySubsidiaries2 records
QENERGY France funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QENERGY France M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QENERGY France
What does QENERGY France do?
QENERGY France develops, finances, builds, and operates utility-scale renewable energy projects across solar (ground-mounted, floating, agrivoltaic), onshore wind, offshore wind (fixed and floating), battery energy storage (BESS), repowering of end-of-life turbines, and green hydrogen. It serves municipalities, investors, landowners, farmers, and industrial/commercial customers across Europe via long-term Corporate Power Purchase Agreements (CPPAs) of 10-20 years.
Is QENERGY France a public or private company?
QENERGY France is a private company. It is classified as corporate owned and is currently operating.
When was QENERGY France founded?
QENERGY France was founded in 2022. It employs 501 to 1,000 people.
Where is QENERGY France based?
QENERGY France is headquartered in Avignon, France, in the Europe region.
How does QENERGY France make money?
Three revenue lines are on record. Project Development & Asset Management is the primary driver. The others are corporate Power Purchase Agreements (CPPA) and land Lease Arrangements.
Who are QENERGY France's main competitors?
Direct peers on record are BayWa r.e., RES (Renewable Energy Systems), Elicio, Voltalia and Akuo Energy. Broad incumbents are EDF Renewables, EDP Renováveis (EDPR), RWE Renewables and Iberdrola Renovables. Encavis AG is listed as an emerging player.
Does QENERGY France have an API?
No public API is recorded for QENERGY France.
What industry is QENERGY France in?
QENERGY France's product category is Renewable Energy Development. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAEADAI, Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads). Its NAICS code is 221114 and its SIC code is 4900.