Contact us
Representatives of Energy Observer, Qair, Natixis, and Greek authorities standing on Energy Observer's roof.

Qair in Greece: showcasing regional energy ambitions with Energy Observer

Athens, 17 September, 2025 — Last week, Qair had the honor of welcoming Energy Observer to Greece at Astir Marina. More than just a vessel, Energy Observer embodies the energy transition at sea, proving that solar, wind, hydrogen, and storage work best when combined. Its mission resonates strongly with Qair’s own approach: deploying such complementary technologies at country scale in Greece, and beyond.

The event, co-organized with Natixis Corporate & Investment Banking and supported by CCI France Grèce and Astir Marina, marked the first milestone in Qair’s renewed three-year partnership with Energy Observer. Together with our local team, led by Frank Valavanis, we were delighted to welcome distinguished guests including Mrs. Laurence AUER, French Ambassador to Greece; Mr. Stefanos Gkikas, Deputy Minister of Maritime Affairs & Insular Policy; Mr. Dimitris Kollias, Advisor to the Deputy Minister of Environment and Energy; and Mr. George Prokopiou, owner of Astir Marina.

Representatives of Energy Observer, Qair, Natixis, and Greek authorities in front of the Moorings, Astir Marina

Addressing the Challenges of Renewable Energy in Greece

More than a symbolic stopover, the Astir Marina event was a key moment for Qair to present its projects in Greece and to address the current energy challenges with local authorities.

Since 2021, Qair has been deeply engaged in the Greek market with a local office and a fast-growing pipeline of solar and storage projects.

Among them:

  • A 250 MW solar plant — one of the largest PV projects in the country — already recognized by the Greek Parliament as a strategic investment, but still awaiting grid connection for two years.
  • A 130 MW PV installation combined with a 100 MW Battery Energy Storage System (BESS), designed to enhance grid stability.
  • A 50 MW storage facility, directly targeting local congestion.

These projects, like many others, face the bottleneck of a heavily saturated transmission network managed by the Greek TSO, IPTO. With over 50% of Greece’s energy mix still reliant on gas, fossil fuels continue to dominate, leaving renewable energy sources underutilized.

 

Storage and Institutional Support: The Keys to Unlocking Renewable Potential

For Qair, the solution lies in coupling renewable generation with storage systems to ease congestion, reduce curtailments, and secure a more resilient grid, allowing renewable projects to contribute fully to Greece’s decarbonization targets.

« As we look at Greece’s energy future, one thing is clear: the transition will only move forward if technology and policy advance together, said Frank Valavanis, Greece Country Director at Qair. Our projects show how solar and storage can relieve grid congestion and accelerate decarbonization, but unlocking their full value requires a stable regulatory framework and timely institutional support. Just as Energy Observer demonstrates the power of complementarity at sea, Qair is committed to working with Greek authorities to scale that model on land and contribute to the country’s long-term energy independence. »

Qair’s vision goes beyond individual projects: by coupling innovation with strong institutional partnerships, the Group aims to contribute to Greece’s decarbonization roadmap while reinforcing Europe’s collective energy resilience.

Strengthening Europe’s energy future

Qair is a European independent energy company active in 20 countries. By 2027, the group will have connected over 3 GW of renewable projects worldwide — more than half already built — across onshore and offshore wind, solar, storage, and soon hydrogen, with its first 300 t/year production unit underway.

In South-Eastern Europe, Qair is strengthening its regional presence with nearly 200 MW secured in Moldova, Romania, and Montenegro, confirming the group’s momentum and commitment to scaling renewable solutions across the continent.

Frank Valavanis, Greece Country Director at Qair, delivering a speech.

About Qair

Qair is an independent renewable energy company developing, financing, building, and operating solar, wind, waste-to-energy, storage and green hydrogen production assets.

With 1.7 GW of capacity in operation or construction, the Group’s 780 employees are developing a portfolio pipeline of 34 GW in 20 countries across Europe, Latin America and Africa. Our ambition is to become an independent leader in responsible energy.

For media inquiries, please contact:

Follow us on Linkedin Follow us on Youtube Get emails alerts