Qair, the France-based independent power producer, is making significant strides in Poland’s green energy sector after securing a major loan from a banking consortium to expand its renewable energy portfolio.
Loan to Support Wind and Solar Projects for Qair renewable energy
In a significant financial milestone, Qair has successfully closed its inaugural syndicated loan, securing €240 million (approximately $280 million) to bolster its renewable energy initiatives in Poland. The financing arrangement, finalized on December 15, 2025, was led by BNP Paribas Bank Polska and Bank Pekao, with participation from DNB Bank ASA, mBank, and Santander Bank Polska.
This move is indicative of a broader trend across Europe, where substantial financing is being channeled into green energy, similar to how BNZ has secured funding for 700 MW of PV projects across the continent. The capital injection will be strategically used to refinance Qair’s existing assets and fuel the construction of new wind and solar projects. The company currently operates a robust portfolio in Poland, comprising 106 MW of onshore wind and 107 MW of solar photovoltaic (PV) capacity. The growth in solar capacity highlights the importance of understanding the basics of solar panel manufacturing which underpins this expansion.
Expansion of Qair renewable energy Capacity
Qair is actively scaling its operations with an additional 106 MW of onshore wind and 65 MW of solar PV capacity currently under construction. These new facilities are slated to become operational between 2024 and 2025, further solidifying the company’s footprint in the region.
To ensure financial stability and long-term viability, Qair has secured power purchase agreements (PPAs) for these upcoming projects, guaranteeing a consistent revenue stream. With this expansion, Qair’s total renewable energy capacity in Poland is projected to climb to an impressive 384 MW by the end of 2025.
Qair’s Role in Poland’s Energy Transition
Since establishing its presence in Poland in 2015, Qair has become a key player in the nation’s transition away from fossil fuels. The company’s portfolio of 10 wind farms and 18 solar PV plants is instrumental in cutting greenhouse gas emissions and boosting the share of renewables in Poland’s energy mix. This commitment to climate action is a core part of Qair’s mission, as seen in other projects like the 49.9MW Straws Hadley Solar Farm, which is estimated to prevent 11,000 tonnes of CO2 emissions annually.
Such large-scale developments contribute to a more integrated and resilient European energy grid. For homeowners and tenants in Germany and beyond, this push towards renewables helps stabilize energy prices and reduces dependence on volatile international fossil fuel markets. The financing models enabling these transitions, while vast in scale, follow the fundamental principle of leveraging capital for green infrastructure, a concept also seen in initiatives like the loan for Solomon Islands renewable energy.
Global Presence and Future Qair renewable energy Projects
Qair’s influence extends far beyond Poland, with operations in 17 countries across Europe, Latin America, Africa, and Asia. This global reach is demonstrated by its diverse projects, such as when Qair secured key authorizations for solar projects in Morocco, and its development of a revolutionary 10-Megawatt solar power station in Tunisia. The company employs an integrated strategy that covers project financing, construction, and long-term asset management.
Looking ahead, Qair is venturing into next-generation clean energy technologies. The company has ambitious plans to develop 1 GW of green hydrogen capacity by 2030, with pioneering projects already in motion in France, Denmark, and Australia. These initiatives aim to produce green hydrogen for industrial and transportation sectors, reinforcing Qair’s position as a forward-thinking leader in the global energy market.
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