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Illustration of Qair's renewable hydrogen ecosystem in the southFrance

Qair secures financing for Hyd’Occ renewable hydrogen ecosystem, advancing its green hydrogen strategy

Paris, 6 October, 2025 – Independent renewable energy company Qair announces the successful financing of its renewable hydrogen ecosystem in Occitanie, France. This landmark €55 million financing, secured in partnership with Crédit Agricole and Bpifrance, will support the pending construction of the Hyd’Occ H2 production facility in Port-La Nouvelle, along with five refuelling stations strategically located along major regional transport routes. Commissioning of the first production unit is expected by the end of the year.

This ecosystem represents a fully integrated solution for the production, transport, and distribution of renewable hydrogen, contributing to the decarbonization of road transport and the wider energy transition. The first 20 MW phase of the plant will produce 2,700 tonnes of renewable hydrogen annually – avoiding the emission of 27,000 tonnes of CO₂ per year. A second phase will double capacity to 40 MW, enabling annual production of 5,400 tonnes.

Hyd’Occ will power a regional hydrogen mobility network, including the Narbonne and Béziers stations, both under construction and part of the “Corridor H2” initiative supported by the Occitanie Region, the European Investment Bank, and the European Union’s Connecting Europe Facility. This zero-emission corridor will connect the Iberian Peninsula with Northern Europe, advancing Europe’s ambition for sustainable heavy mobility.

Qair’s renewable hydrogen production facility is also backed by offtake agreements with major players such as Plug Power and local players such as Hydromer, securing more than 1,500 tonnes of hydrogen annually. First deliveries of renewable hydrogen are scheduled by the end of this year.

Qair truck powered by renewable hydrogen

A cornerstone of Qair’s hydrogen vision

As France’s largest renewable hydrogen production facility, Hyd’Occ marks a decisive step for Qair in establishing hydrogen as an operational reality for local territories. Yet, this project is only one pillar of the Group’s international strategy to become a leading independent producer of green hydrogen with large-scale facilities worldwide.

In Iceland, Qair is developing in three successive phases the Katanes project, an 840 MW green ammonia initiative in Grundartangi with 780 MW electrolyser capacity. A green hydrogen distribution infrastructure is also being deployed across the country through the Blær project, under which Qair has already acquired two stations in Reykjavik—including the world’s first commercial station built in 2003—and will expand the network with four additional sites nationwide. Together, Katanes and Blær position Iceland as both a hub for large-scale renewable hydrogen and a pioneer in hydrogen mobility.

In Brazil, Qair is advancing large-scale hydrogen and ammonia projects at the Pecém Industrial Port. These initiatives aim to serve both domestic markets—through hydrogen for industrial use—and international demand, with significant volumes of ammonia destined for Europe. Drawing on Brazil’s exceptional renewable energy resources and Qair’s own solar and wind portfolio nearby, these projects are set to anchor the company within the global green hydrogen value chain.

In France, Qair is also preparing the Methavert project, an e-methanol production facility at the Haropa Port site in Le Havre. With a target capacity of 200,000 tonnes of e-methanol per year, Methavert will leverage renewable hydrogen and locally available CO₂ to decarbonize hard-to-abate sectors such as shipping and chemicals, while taking advantage of existing storage and logistics infrastructure.

To complement its production projects and ensure the distribution of its green molecules, Qair has forged strategic partnerships with leading players across the value chain. By pairing industrial-scale production with robust distribution networks Qair is demonstrating its ability to design, finance, and implement complete renewable hydrogen ecosystems.

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.

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