Qair secures €55mn for Hyd’Occ and strengthens its position in hydrogen in France

Qair obtains structured bank financing of €55mn for its Hyd’Occ ecosystem, integrating renewable hydrogen production and distribution in Occitanie, with commissioning scheduled before the end of 2025.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

Independent renewable energy producer Qair has finalised bank financing of €55mn ($58mn) for the development of its hydrogen ecosystem in the Occitanie region, centred around the Hyd’Occ production unit in Port-La Nouvelle and five regional distribution stations. This structured financing is provided in partnership with Crédit Agricole and Bpifrance.

A structuring project for heavy-duty mobility

The infrastructure is based on an initial capacity of 20 megawatts (MW), capable of producing up to 2,700 tonnes of renewable hydrogen per year. This output will be distributed to stations located along the region’s main transport corridors. A second project phase will double the installed capacity to 40 MW, reaching 5,400 tonnes annually.

The Narbonne and Béziers stations will be the first to enter into service. Both facilities, selected under the “Corridor H2 Occitanie” project calls, aim to support the decarbonisation of heavy-duty mobility. They are part of a broader European initiative linking the Iberian Peninsula to northern Europe through a hydrogen corridor.

Total investment of €130mn

The entire project represents a €130mn ($137mn) investment, also supported by the French Agency for Ecological Transition (ADEME), the Occitanie Region, the European Investment Bank and the European Union through the Connecting Europe Facility (CEF). Qair was advised by Watson Farley & Williams for legal matters, while the lenders were assisted by Willkie Farr & Gallagher.

Technical, insurance and financial aspects were respectively overseen by DNV, Marsh and KPMG. The Béziers and Narbonne stations are expected to be operational by December 2025, alongside the delivery of the first hydrogen molecules from the Hyd’Occ production unit.

Commercial agreements already in place

Qair has already signed several long-term offtake agreements with Plug Power and Hydromer, covering over 1,500 tonnes of hydrogen annually. These contracts provide a structured commercial outlet to secure the industrial profitability of the unit.

In parallel, the company continues to develop complementary projects, notably the floating wind farm Eolmed off the coast of Gruissan, one of the first of its kind in France. Assembly is currently underway, with the project serving as an industrial demonstrator for the floating wind sector.

Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.
OMV is investing several hundred million euros in a 140 MW electrolysis unit in Austria, set to produce 23,000 tonnes of green hydrogen annually to supply its Schwechat refinery.
Jolt Green Chemical Industries appoints Dyar Al-Safwah to engineer a high-performance electrode facility at King Salman Energy Park, backed by the Ministry of Energy.
With the certification of three new sites, Lhyfe takes the lead in the European RFNBO hydrogen market, reaching 21 MW of installed capacity across France and Germany.
VINSSEN becomes a central player in designing the world’s first commercial transport vessel fully powered by a fuel cell using ammonia as a hydrogen carrier.
The global hydrogen production market is expected to more than double by 2035, supported by technological advances and growing demand from transport, heavy industry and decarbonised energy systems.
Accelera will supply a 5MW electrolysis system at the Port of Schweinfurt, aiming to produce 2.2 tonnes of green hydrogen daily for industrial and logistics applications in central Germany.
The Sauda municipal council has approved the zoning plan for the Iverson project, paving the way for a 270 MW electrolysis facility powered by hydropower to produce renewable ammonia.
Sinopec reaches a milestone in hydrogen logistics with a 1,500 km journey from Shanghai to Hubei, supported by a network of 146 stations and 11 supply centres.
Meeting in Berlin, the H2med Alliance formalised the integration of 40 new industrial members and received increased government backing to accelerate the development of Europe's hydrogen corridor.
Woodside Energy, Japan Suiso Energy and Kansai Electric Power are joining forces to develop a liquid hydrogen supply chain between Australia and Japan, with production planned at a new facility in Perth.
Element One Hydrogen announces the acquisition of two geological properties focused on natural hydrogen and critical minerals in Canada for $10,000 and 1.25 million shares.
Cavendish Hydrogen has signed a contract with PAK-PCE H2 Stations to upgrade the Rybnik station, which will now support a fleet of more than 30 hydrogen-powered buses in southern Poland.
Storengy strengthens its footprint in the Grand Est region with two new exploration permits, expanding its research programme on underground hydrogen storage.
The H2 Créteil station, powered by an Energy Recovery Unit, will produce up to two tonnes of renewable hydrogen per day starting in October 2025.
Driven by technological advances and supportive policies, the global hydrogen fuel cell market is rapidly expanding, with a projected valuation of $42.3bn by 2035.
With four sites now RFNBO certified in France and Germany, Lhyfe reaches 21 MW of installed capacity, strengthening its position as a European leader in renewable hydrogen production through water electrolysis.
ACWA Power and Larsen & Toubro will collaborate on renewable infrastructure for a green hydrogen project in Yanbu, Saudi Arabia, targeting 4 GW of electrolysis capacity by 2030.
HIF Global has chosen American-made electrolyser technology from Electric Hydrogen for its large-scale e-methanol production project in Texas, marking a major industrial milestone in the synthetic fuels sector.
French manufacturer HRS will supply Element 2 with a mobile HRX14 hydrogen station for Glasgow, marking its fourth installation in the UK and strengthening its position in the British market.