Qair Secures Major Financing for Mauritius Hybrid Solar-Storage Initiative
French independent renewable energy company Qair has successfully closed financing for a groundbreaking hybrid solar photovoltaic and battery energy storage system project in Mauritius, marking a significant advancement in the island nation’s clean energy transition. The project represents part of Qair’s broader African expansion strategy and builds upon the company’s established presence in the Indian Ocean region since 2008.
Qair currently operates substantial renewable infrastructure in Mauritius, including a 10 MW wind farm in Plaine des Roches and solar parks totaling 25.3 MW capacity. In 2023, the company secured four hybrid solar-plus-battery projects totaling 60 MWac, representing one of Mauritius’ most ambitious energy infrastructure packages in recent years. The new financing enables implementation of these projects, directly supporting the national target of achieving 60% renewable energy in the electricity mix by 2030.
Rita Gujadhur, Officer-in-Charge of SBM Bank (Mauritius) Ltd., emphasized the financing’s importance in supporting next-generation energy infrastructure while contributing to national grid stability and renewable energy integration. Olivier Gaering, Qair’s Indian Ocean Regional Director, highlighted SBM Bank’s exceptional understanding of large-scale renewable projects, making them a trusted long-term partner for the Stor’Sun initiative.
The Mauritius project forms part of Qair’s continental strategy to accelerate renewable energy deployment across Africa. Beyond Mauritius, Qair actively develops and operates clean energy assets in Burkina Faso, Tunisia, Morocco, Seychelles, and several other countries, focusing on solar, wind, and hybrid solutions. The company currently operates 65 MW across the continent, has 154 MW under financing, and is developing a pipeline exceeding 2 GW.
Source: energy-pedia.com
