Premier Energies Commissions 5.6 GW Solar Facility

Premier Energies Limited has commissioned its 5.6 GW solar module manufacturing facility at Seetharampur, Telangana with trial production commenced. Spread across 75 acres, the facility is expected to create approximately 2,000 jobs, boosting local economy and strengthening India's clean energy manufacturing ecosystem. With this capacity addition, Premier Energies' total solar module capacity has now touched 11.1 GW, solidifying its position as one of India's largest solar manufacturers and enhancing its ability to serve domestic and global markets.

The new production facility houses one of India's most advanced and highly automated solar module manufacturing lines. This facility can produce four G12R TOPCon high-efficiency modules every 16 seconds. The high level of automation not only ensures precision, consistent quality, and superior throughput, but also reduces operating costs and improves capacity utilization. It incorporates AI-powered fault detection to identify and correct defects in real time, enhancing module reliability and performance. The integration of TOPCon technology with Zero Busbar architecture allows Premier Energies to deliver highperformance solar modules with higher energy yield, reduced optical losses, and improved durability, catering to both domestic and global markets.

According to Mr. Chiranjeev Saluja, Managing Director of Premier Energies "The commissioning of this new hi-tech plant is a significant milestone in our journey toward a fully integrated solar manufacturing ecosystem. By leveraging advanced technologies and scaling across the value chain-from ingots to modules-we are positioning ourselves to deliver reliable, high-efficiency solutions at scale and support India's clean energy transition."

Mr. Sudhir Reddy, Chief Strategy Officer of the company added "This facility strengthens our strategic roadmap to scale integrated manufacturing while aligning closely with India's renewable energy ambitions. By investing in advanced technologies and expanding domestic capabilities, we are enhancing supply chain resilience and meeting growing global demand for high-efficiency solar solutions."

Shares of Premier Energies Limited was last trading in BSE at Rs. 890.30 as compared to the previous close of Rs. 893.80. The total number of shares traded during the day was 171646 in over 9129 trades.

The stock hit an intraday high of Rs. 900.75 and intraday low of 874.60. The net turnover during the day was Rs. 152541654.00.

Source : Equity Bulls

Keywords

PremierEnergies INE0BS701011 ElectricalEquipment SolarFacility Seetharampur Telangana