Premier Energies Ltd., a recently listed renewable energy company, has announced plans to establish a 1 GW solar photovoltaic TOPCon module manufacturing facility in Telangana. The company’s board approved the project on December 13, and the plant will be located at EMC Maheeshwaram on premises leased from the Telangana Industrial Infrastructure Corporation.
The facility is expected to be operational by March 2025 and will expand the company’s manufacturing capabilities beyond those outlined in its Red Herring Prospectus (RHP). While Premier Energies has not disclosed the capital expenditure required for the project or its funding plans, this move reinforces its commitment to advancing India’s renewable energy goals. The new facility aims to support the growing demand for high-efficiency solar modules in the region.
Premier Energies Ltd. is a leading renewable energy company specializing in the manufacturing of solar photovoltaic (PV) cells and modules. Headquartered in Hyderabad, India, the company is known for its cutting-edge production facilities and commitment to sustainable energy solutions.
With a strong focus on innovation, Premier Energies has expanded its product portfolio to include advanced technologies like TOPCon modules, catering to the increasing global demand for high-efficiency solar products. Over the years, the company has established itself as a key player in the renewable energy sector, contributing significantly to India’s solar energy capacity and driving the country’s transition towards cleaner energy sources. Its robust infrastructure and forward-looking strategies position it as a reliable partner in the global push for sustainability.
