Qair has secured 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.
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