Q.ENEST Completes 9 Billion Yen Financing for 80MW Low-Voltage Solar Power Fund

Q.ENEST Group, a division of Hanwha Japan, has successfully established a renewable energy fund with an 80MW capacity focused on low-voltage solar power plants across Japan. The group completed approximately 9 billion yen in financing through a syndicated loan arranged by Sumitomo Mitsui Banking Corporation (SMBC). The fund utilizes Q.ENEST's internal electricity retail platform to supply green power to consumers at fixed rates, managing market price risks through financial derivatives and advanced supply-demand balancing management.