French independent renewable energy company Qair has closed the financing for its flagship hybrid solar and battery storage system ( BESS ) projects in Mauritius.
The Stor’Sun project has raised 7 billion Mauritian rupees ( US$150 million ), with major commitments from SBM Bank for Stor’Sun I, II and IV and Mauritius Commercial Bank for Stor’Sun III.
Present in Mauritius since 2008, Qair is a partner to the country’s clean energy objectives. The company currently operates a 10-megawatt wind farm in Plaine des Roches and solar parks with a combined capacity of 25.3MW. In 2023, Qair was awarded four hybrid solar and BESS projects totalling 60MW ( alternating current ), representing one of the most ambitious energy infrastructure packages undertaken in Mauritius in recent years.
The new financing will allow the company to move ahead with implementation, contributing directly to the national target of reaching 60% renewable energy in the electricity mix by 2030.
The project is part of Qair’s broader strategy to scale up renewable energy across Africa. Beyond Mauritius, Qair is actively developing and operating clean energy assets in Burkina Faso, Tunisia, Morocco, Seychelles, and several other countries, with a focus on solar, wind, and hybrid solutions. The group currently operates 65MW across the continent, with 154MW under financing and a pipeline of over 2GW.