Qair
Qair is a French Independent Power Producer operating 1.7 GW of renewable assets across 20 countries. The integrated IPP develops, finances, builds, and operates wind, solar, offshore wind, tidal, hydrogen, and storage projects, selling output under long-term PPAs and HPAs to utilities, governments, and corporates.
- Company typePrivate
- Founded2017
- HeadquartersMontpellier, France
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Qair does
Qair is a French Independent Power Producer (IPP) that develops, finances, builds, owns, and operates renewable energy generation assets. Founded in 2017 and headquartered in Paris (Qair International SAS), the company operates an integrated business model spanning the full project lifecycle from greenfield development through to repowering and decommissioning. As of the most recent disclosed metrics, Qair operates approximately 1.7 GW of installed capacity across 20 countries with a stated 30 GW development pipeline and a 3 GW operational target by 2027. The company employs 800+ people and is backed by Bpifrance as a shareholder alongside European development banks and commercial lenders.
Qair's technology platform is multi-technology by design, covering onshore wind, onshore solar PV, hydroelectricity, fixed and floating offshore wind, tidal stream, green hydrogen production and distribution, battery energy storage, and waste-to-energy. Notable technical assets include the 30 MW EolMed floating offshore wind pilot (co-developed with TotalEnergies and BW Ideol, using BW Ideol's Damping Pool floating foundations with Vestas turbines, energized in 2026), the 1 GW Ayre floating offshore wind project in Scotland, the 256 MWh Stor'SUN hybrid solar-storage project in Mauritius, the 5.8 MW floating solar project in Seychelles, and the 24 MW Northacre waste-to-energy facility in the UK. The company also operates renewable hydrogen stations in France and holds majority stakes in Green Switch Capital (UK, 15+ GW pipeline) and Northacre Renewable Energy (UK, 90%).
Qair generates revenue by selling electricity and renewable hydrogen under long-term bilateral contracts — Power Purchase Agreements (PPAs) with utilities, governments, and corporate customers, and Hydrogen Purchase Agreements (HPAs) with industrial offtakers. Contract durations typically run 20-25 years, providing predictable, recurring revenue streams. The customer base includes state utilities (e.g., Public Utilities Corporation of Seychelles, Mauritius government), corporate buyers (Ultragaz in Brazil for the 192 MW Bom Jardim solar project), and industrial off-takers for hydrogen. Qair funds project development through a combination of project finance debt (development banks such as BGK, AfDB, FEI; commercial lenders including Santander Bank Polska, PKO Bank Polski, SBM Bank, MCB) and equity capital from Bpifrance. Pricing is project-specific and not publicly disclosed.
Qair firmographics
Firmographics- Name
- Qair
- Legal name
- Qair International SAS
- Website
- https://www.qair.energy
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Qair is a French Independent Power Producer operating 1.7 GW of renewable assets across 20 countries. The integrated IPP develops, finances, builds, and operates wind, solar, offshore wind, tidal, hydrogen, and storage projects, selling output under long-term PPAs and HPAs to utilities, governments, and corporates.
- Ownership category
- akta.pro rank
Qair industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)
Keywords
Where Qair is headquartered
LocationHeadquarters
- HQ city
- Montpellier
- HQ country
- France
- HQ region
- Europe
Offices5 records
Markets served
Qair business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Electricity generation and sales: Qair generates electricity from owned renewable energy assets (wind, solar, tidal, hydrogen) and sells it under long-term Power Purchase Agreements (PPAs) to utilities, governments, and corporate customers. This is the core revenue stream from the asset portfolio.
- Green hydrogen production and sales: Qair produces renewable hydrogen and sells it through Hydrogen Purchase Agreements (HPAs) to industrial customers seeking to decarbonize operations.
- Energy storage services: Battery energy storage projects that provide grid services and power reliability, such as the 256 MWh Stor'SUN project in Mauritius.
- Energy-from-waste: Waste-to-energy facilities converting non-recyclable waste into electricity, such as the Northacre 24 MW facility in the UK.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Project-specific PPA pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Qair product offering
Product offeringCore offering
Qair is an independent power producer that develops, finances, constructs, and operates renewable energy generation assets spanning onshore wind, solar PV, hydroelectricity, floating and fixed offshore wind, tidal stream, green hydrogen, and battery storage. The company generates electricity and hydrogen from owned assets and sells them under long-term Power Purchase Agreements (PPAs) and Hydrogen Purchase Agreements (HPAs) to utilities, governments, and corporate customers across 20 countries.
Product overview
Qair is a French independent renewable energy producer (IPP) offering an integrated portfolio of renewable energy solutions spanning onshore renewables (hydroelectricity, solar, wind), marine renewables (floating and fixed offshore wind), renewable hydrogen production, and advanced energy management services including PPAs, energy-from-waste, and battery storage. The company operates across 20 countries with approximately 1.7 GW of installed capacity and a development pipeline targeting 3 GW by 2027. Qair's integrated approach covers the full value chain from development and financing through construction to operations and repowering.
Differentiator
Problem solved
Functional benefit
Products and services
- Onshore Renewable Energy Development and operation of hydroelectric, onshore solar, and onshore wind projects across Qair's global portfolio of 20 countries. The offering is for utilities, governments, and corporate customers seeking renewable electricity supply via long-term PPAs.
- Marine Renewable Energy Floating and fixed offshore wind development projects, including the 30 MW EolMed floating pilot project in France co-developed with TotalEnergies and BW Ideol and the 1 GW Ayre floating offshore wind project in Scotland. Targeted at utilities, governments, and large corporate off-takers of marine renewable electricity.
- Renewable Hydrogen
Quantifiable outcome
- 30 GW development pipeline delivering future capacity growth
- +2 more outcomes
Companies that use Qair
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Qair technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Qair partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- INTEC Energy SolutionscoreUK firm INTEC awarded EPC contract for 46.5MW Brecks solar farm in Nottinghamshire, UK. INTEC will provide engineering, procurement, construction, and O&M services with potential for long-term collaboration in UK renewable sector.
- TotalEnergies and BW IdeolcoreQair co-develops EolMed floating wind pilot project with TotalEnergies and BW Ideol in southern France. 30 MW project featuring three Vestas turbines on BW Ideol's Damping Pool floating foundations, approximately 20km off Port-La Nouvelle.
- UltragazcoreBrazilian LPG distributor signed PPA for Qair's 192MW Bom Jardim solar PV project in Ceará. Represents Qair's strategy to lead Brazil's private sector energy transition.
- Thistle Wind Partners (DEME Concessions, Aspiravi International)minorOriginal joint venture for ScotWind projects. In 2025, Qair exited Bowdun project which continued under DEME and Aspiravi. Qair retained full ownership of Ayre floating wind project. Consortium structure was reorganized to streamline operations.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Qair competitors and assessment
Company assessmentBroad incumbents
- Iberdrola: Global renewable energy leader with significant onshore wind, offshore wind, and solar IPP operations across Europe, Americas, and Australia. Comparable as a multi-technology utility-scale IPP, though much larger and more diversified than Qair.
- Engie: Major French-headquartered utility with large renewable generation portfolio including wind, solar, and hydrogen. Comparable as a multi-technology IPP, particularly in France and European markets where Qair is active.
- EDF Renewables: Subsidiary of EDF focused on wind, solar, and storage IPP development globally. Direct overlap in floating offshore wind (French market), onshore wind, and solar, with comparable customer base of utilities and corporates.
- Enel Green Power: Global renewable IPP operating wind, solar, geothermal, and storage assets across multiple continents. Comparable multi-technology platform and PPA-driven model, though at significantly larger scale than Qair.
- Ørsted: Global leader in offshore wind with growing solar and storage portfolio. Comparable in offshore wind focus and PPA-driven revenue model, particularly relevant for Qair's floating wind ambitions (Ayre).
- RWE Renewables: European-headquartered renewable IPP with significant wind (onshore and offshore) and solar operations. Comparable multi-technology platform with focus on European markets where Qair is active.
- Vattenfall: Swedish state-owned utility with renewable generation portfolio including wind (onshore and offshore) and solar across Northern Europe. Comparable in European wind development and PPA offerings, particularly relevant for Qair's Scandinavian operations (Iceland).
- TotalEnergies Renewables: Renewables arm of TotalEnergies with growing wind, solar, and hydrogen portfolio. Already a JV partner with Qair on EolMed; comparable as a multi-technology IPP with floating offshore wind and hydrogen ambitions.
Direct peers
- EDP Renováveis: Pure-play renewable IPP operating wind and solar assets globally with a multi-GW pipeline, headquartered in Europe. Closely comparable multi-technology platform and PPA-driven business model to Qair.
- Akuo Energy: French independent renewable IPP developing wind, solar, biomass, and storage projects across Europe, Africa, Asia, and the Caribbean. Closely comparable as a mid-sized French-headquartered multi-technology IPP with similar geographic diversification strategy.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Qair social profiles
Digital presenceQair financial estimates
Financial estimateRevenue estimate
Valuation estimate
Qair leadership team
Management profileNumber of profiles
Profiles5 records
Qair subsidiaries and ownership
Company hierarchySubsidiaries7 records
Qair funding detail
Funding detailFunding overview
Funding rounds6 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Qair M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Qair
What does Qair do?
Qair is an independent power producer that develops, finances, constructs, and operates renewable energy generation assets spanning onshore wind, solar PV, hydroelectricity, floating and fixed offshore wind, tidal stream, green hydrogen, and battery storage. The company generates electricity and hydrogen from owned assets and sells them under long-term Power Purchase Agreements (PPAs) and Hydrogen Purchase Agreements (HPAs) to utilities, governments, and corporate customers across 20 countries.
Is Qair a public or private company?
Qair is a private company. It is classified as venture growth investor backed and is currently operating.
When was Qair founded?
Qair was founded in 2017. It employs 501 to 1,000 people.
Where is Qair based?
Qair is headquartered in Montpellier, France, in the Europe region.
How does Qair make money?
Four revenue lines are on record. Electricity generation and sales are the primary driver. The others are green hydrogen production and sales, energy storage services and energy-from-waste.
Who are Qair's main competitors?
Broad incumbents on record are Iberdrola, Engie, EDF Renewables, Enel Green Power, Ørsted, RWE Renewables, Vattenfall and TotalEnergies Renewables. Direct peers are EDP Renováveis and Akuo Energy.
Does Qair have an API?
No public API is recorded for Qair.
What industry is Qair in?
Qair's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUACAFAF, Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations). Its NAICS code is 221115 and its SIC code is 4991.