Qair secures financing for solar-plus-storage project in Mauritius 

Qair has completed financing for the Stor’Sun hybrid project in Mauritius, combining solar and battery energy storage systems (BESS). The total investment amounts to approximately around $150 million.The financing structure includes partnerships with SBM Bank, which supported Stor’Sun I, II, and IV, and MCB, which financed Stor’Sun III.

The hybrid project combines 60 MW of solar capacity with 256 MWh of BESS capacity. Once operational, it is expected to supply around 8 per cent of the nation’s electricity demand and reduce dependence on fossil fuels. Moreover, the funding model reflects a structured approach tailored to hybrid renewable infrastructure in island markets. 

In February 2026, Qair secured a construction permit for a 20 MW/44 MWh BESS in Fuchsstadt, Germany. Construction is expected to begin in spring 2026, with grid connection and commissioning planned later in 2026. The project will supply enough electricity to power about 4,000 four-person households for a day.