Premier Energies Secures INR 1,460 Crore Solar Modules and Cells Orders
Solar PV cells and modules manufacturer Premier Energies has received orders worth INR 1,041 crore for solar modules and INR 419 crore for solar cells from two large independent power producers (IPP) and others, aggregating to INR 1,460 crore.
January 15, 2025. By Mrinmoy Dey
These orders include INR 1,041 crore for solar modules and INR 419 crore for solar cells, the company informed in a regulatory filing. The supply of these modules and cells is scheduled to commence from May 2025.
Established in 1995, Premier Energies is a manufacturer of solar cells and modules, with its core operations centred around the production of solar PV cells, specifically bifacial monocrystalline PERC cells using the M10 wafer size in a 182mm x 182mm format which could be assembled into solar modules.
The company also produces solar modules including monocrystalline PERC and TOPCon. These modules are available in different cell sizes, quantities, power outputs, and configurations - both monofacial and bifacial. Additionally, the company also engages in the sale of customisable and ad-hoc solar products besides offering EPC and O&M Solutions.
Premier Energies operates five manufacturing facilities all located in Hyderabad. As of financial year 2023-24, the company reported revenue from operations of INR 3,143 crore, up from INR 1,428 crore in the previous fiscal year.
Last month, the company announced that its Board of Directors have approved the establishment of a 1 GW solar photovoltaic TOPCon module manufacturing facility at EMC Maheshwaram in Telangana which is expected to be completed by March 2025.
please contact: contact@energetica-india.net.
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