Q Energy announced that it enters the renewable energy market of the Netherlands with a 300 MW solar portfolio in its pocket, which it will develop together with the renowned Dutch solar developer Tomorrow Energy. Both companies have signed an agreement to co-develop 21 solar projects which range between 4 and 40 MW in size.
The mostly greenfield projects spread across the Netherlands with a majority located in the southern part of the country. The recently launched Q ENERGY is a green energy player on the European market and a direct affiliate of the top-tier Korean enterprise Hanwha Solutions.
Project implementation within the next three years
Together with Tomorrow Energy as a partner, Q Energy will develop the projects further and explore possibilities to include innovative solutions like energy storage, agrivoltaic and potentially even green hydrogen. The 21 projects are expected to be constructed and grid connected within the coming 3 years. Q Energy adds 300 MW in the Netherlands to its 12 GW development portfolio in Europe
Much like in other European countries, the Dutch energy market is undergoing a transition. Against the backgrounds of climate change, a growing demand for electricity and of course the current energy crisis in Europe, the country is in need to quickly achieve a higher degree of energy independency based on renewable energy generation. (hcn)
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