Q Energy, Tomorrow Energy to develop 300-MW Dutch solar portfolio
Solar park. Photo by Q Energy.
September 20 (Renewables Now) - Q Energy has joined forces with Dutch solar developer Tomorrow Energy to co-develop 300 MW of photovoltaic (PV) projects in the Netherlands in a partnership that marks its entry into the Dutch renewable energy market.
Under the agreement, the two companies will jointly develop 21 solar projects each with an individual installed capacity in the range of 4 MW to 40 MW. The solar systems will be built and put into operation in the next three years, Q Energy said on Tuesday.
Most of the projects are greenfield PV plants that will be built across the Netherlands with a focus on the country's south.
The partners will explore options for integrating energy storage, agrivoltaic and potentially even green hydrogen into the projects.
“Q Energy is extremely happy to enter the Dutch renewable energy market with Tomorrow Energy as our partner and add another 300 MW to our development portfolio of 12 GW across Europe. We are eager to drive the energy transition in Europe," said Q Energy's chief executive Sang Chull Chung.
Berlin-based Q Energy was recently created from the former power plant division of Hanwha Qcells GmbH, part of South Korea’s Hanwha Solutions Corp (KRX:009830), and Q Energy France SAS. In August, the company received a permit to install a 66-MW floating solar park in France.
Tomorrow Energy is working on more than 100 renewable energy projects with a potential capacity of more than 2 GW.
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