Premier Energies Limited is in the advanced stages of commissioning its 7 GW TOPCon solar cell line at Naidupeta, with trial runs expected to begin this month and the first revenue from the facility targeted for September. The company is targeting approximately 70% utilisation of the new line by the March quarter of FY27. At…
Premier Energies Limited has inaugurated a 5.6 GW solar module manufacturing facility at Seetharampur in Rangareddy, Telangana. The company also performed the groundbreaking ceremony for a 6 GWh Battery Energy Storage System (BESS) manufacturing facility and an 18,000 metric tonnes per annum aluminium frames plant at the same campus. The inauguration was presided over by…
Premier Energies Limited has secured orders worth Rs 3,011 crore during the April–June quarter for the supply of 1,846 MW of solar cells and modules. Deliveries under the contracts are scheduled across FY 2027 and FY 2028. The orders have been received from a mix of leading power producers, module manufacturers, EPC companies and other…
Indian solar manufacturers strengthened their position in the Global Solar PV Module Manufacturer Ranking 2026 published by Wood Mackenzie, reflecting growing momentum for non-Chinese manufacturers amid shifts in global supply chains and localization policies. Chinese companies continued to dominate the top positions, occupying nine of the twelve places within the global top ten rankings. LONGi…
Premier Energies has withdrawn from its proposed joint venture with Syrma SGS Technology to acquire a 51% equity stake in K-Solare Energy, ending a transaction that had earlier been positioned as a strategic entry into the solar inverter and renewable energy electronics market. The company said the decision was taken after mutual discussions and a…
Premier Energies Global Environment Private Limited, a wholly owned subsidiary of Premier Energies Limited, has approved a strategic acquisition to secure captive renewable energy. The board, in a meeting held on May 4, 2026, cleared a Share Subscription and Shareholders’ Agreement to acquire a minimum 26% equity stake in Hexa Energy BH Five Private Limited….
Hyderabad-based Premier Energies Limited has secured orders worth Rs 2,577 crore for the supply of 1,600 MW of solar cells and modules in the fourth quarter of FY2026. Execution is scheduled across FY2027 and FY2028. The orders have been placed by a mix of domestic independent power producers (IPPs), module manufacturers, and engineering, procurement, and…
Premier Energies Limited has completed the second and final tranche of its equity acquisition in Transcon Ind Limited, resulting in the company becoming a subsidiary with effect from April 3, 2026. The development follows earlier disclosures made on October 23, 2025 and December 24, 2025. In the final tranche, Premier Energies acquired 52,073 equity shares…
Premier Energies Limited has commissioned a 5.6 GW solar module manufacturing facility at Seetharampur, Telangana. With this, its total solar module capacity has increased to 11.1 GW. Trial production at the new facility has commenced. The plant is spread across 75 acres and is expected to create around 2,000 jobs. The facility produces G12R Tunnel…
Premier Energies Limited has completed the acquisition of equity shares in HeliosAnthos Energies Private Limited, following its investment to establish a joint venture with BA Prerna Renewables Private Limited. The company acquired 1,045,550 equity shares of HeliosAnthos Energies Private Limited for a consideration of Rs 10,455,500. The shares were issued on a preferential basis through…