Qair secures €55 million financing for hydrogen project in France

Qair has secured €55 million in financing to support the pending construction of the Hyd’Occ renewable hydrogen production facility at Port-La Nouvelle in Occitanie, France and five refuelling stations along key regional transport routes. The funding was arranged in partnership with Crédit Agricole and Bpifrance. The first production unit of the Hyd’Occ facility is scheduled to be commissioned by the end of 2025.

Furthermore, the Hyd’Occ facility represents an integrated ecosystem for producing, transporting, and distributing renewable hydrogen. The initial 20 MW phase will produce 2,700 tonnes of hydrogen annually, offsetting about 27,000 tonnes of carbon emissions each year. The facility’s capacity will be expanded to 40 MW in the second phase, bringing the production output to 5,400 tonnes of hydrogen annually. 

Additionally, the facility will supply hydrogen to a regional mobility network that includes the Narbonne and Béziers refuelling stations, both part of the “Corridor H2” initiative supported by the Occitanie region, the European Investment Bank, and the European Union’s Connecting Europe Facility. This corridor will link the Iberian Peninsula to Northern Europe, promoting sustainable heavy mobility. The project is backed by offtake agreements for more than 1,500 tonnes of hydrogen annually with players such as Plug Power and Hydromer. Reportedly, first deliveries of renewable hydrogen are expected by the end of 2025.