Qair Secures Loan to Build Solar-Storage Projects in Mauritius

  • Qair has secured a loan from SBM Bank to build 60 MW of hybrid solar and storage projects in Mauritius, supporting the nation’s goal of 60% renewable power by 2030.
  • The four Stor’Sun photovoltaic farms will feature large-scale battery storage to stabilise the grid, adding to Qair’s existing wind and solar portfolio on the island.

Qair, a French renewable energy producer, has signed a loan agreement with the State Bank of Mauritius (SBM Bank) to finance the construction of 60 megawatts (MW) of hybrid solar and battery storage projects in Mauritius.

The funding will support four projects awarded to Qair in 2023 under power purchase agreements with the Central Electricity Board (CEB). The Stor’Sun photovoltaic farms will include large-scale battery energy storage systems (BESS) to help stabilise the national grid.

Once operational, the facilities will advance Mauritius toward its goal of generating 60% of its electricity from renewable sources by 2030.

Qair has operated in Mauritius since 2008 and runs a 10 MW wind farm in Plaine des Roches and solar parks with a combined capacity of 25.3 MW. Across Africa, the company holds renewable assets in Burkina Faso, Tunisia, Morocco, Seychelles, and other nations, totalling 65 MW of installed capacity.

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