Premier Energies has withdrawn from its proposed joint venture with Syrma SGS Technology to acquire a 51% equity stake in K-Solare Energy, ending a transaction that had earlier been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…
Premier Energies Limited has won contracts worth $19.95 million for the supply and installation of solar power systems in the Republic of Benin, West Africa. The order covers 750 rooftop solar systems to be deployed at district police stations, schools, health centres, and border surveillance units. It also includes the installation of more than 4,400…
Premier Energies announced that its subsidiaries have secured orders worth Rs 2,703 crore for the supply of solar photovoltaic (PV) modules and cells. The contracts, placed by both new and existing customers, cover an aggregate capacity of 2,059 MW and will be executed during FY 2026 and FY 2027. The company informed exchanges that the…
Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve…
Premier Energies Limited has set up a wholly owned subsidiary, Premier Energies GWC Private Limited, to manufacture and process high-quality silicon ingots and wafers with advanced technologies. The new subsidiary, incorporated on April 20, 2025, will focus on the solar cell segment. It has an authorised share capital of Rs 1 million. The entire paid-up…