QENERGY France

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.

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

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

• Renewable energy development
• Wind power projects
• Solar power plants
• Battery energy storage
• Corporate power purchase

Headquarters

HQ city

Avignon

HQ country

France

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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
3. 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

Core 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

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Elicio FrancecoreStrategic or Co-development Partner · 27 March 2026Elicio 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. FrancecoreStrategic or Co-development Partner · 27 March 2026BayWa 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.
• RenvominorStrategic or Co-development Partner · 9 February 2026Renvo provides turbine identification and sourcing services for Q ENERGY's project to build France's first wind farm made entirely of refurbished turbines.
• CoverwindminorStrategic or Co-development Partner · 9 February 2026Coverwind handles dismantling of existing turbines at Energiter's Plomodiern site as part of Q ENERGY's refurbished turbine wind farm project.
• RengineersminorStrategic or Co-development Partner · 9 February 2026Rengineers performs nacelle and hub overhauls for Q ENERGY's pioneering second-life wind turbine project in France.
• Nova Scotia Community College (NSCC)coreStrategic or Co-development Partner · 22 January 2026Partnership 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 HubcoreStrategic or Co-development Partner · 22 January 2026The Pier research hub collaborates with Q ENERGY France and NSCC on offshore wind skills training for Nova Scotia's developing wind energy sector.
• Hanwha OceancoreOthers · 22 January 2026Hanwha 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

Direct 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

• YouTubeyoutube-nocookie.com/channel/UCulQvCH2RJB2b9_3NVL3LBQ
• LinkedInlinkedin.com/company/qenergyfrance
• Xx.com/qenergyfrance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors2 records

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 QENERGY France