South Korean corporate giant Hanwha set out its stall as a major European renewable energy player with the launch of Q Energy, a new business targeting solar, wind – including offshore – and green hydrogen that aims to double in size from its 12GW launchpad within three years.

Berlin-based Q Energy combines the solar and wind track record of previously separate Hanwha Solutions-owned operations in Europe into a new entity aiming to be active in the full green energy value chain across development, EPC, O&M and generation as an independent power producer.