By Dominick Rodrigues/Arunkumar Rao
Bengaluru: Premier Energies, a leading Indian Solar PV Cells & Module manufacturing company, recently unveiled plans for setting up a new state-of-the-art facility at E -City Hyderabad at an investment of Rs 483 crores.
The 25-acre ‘Greenfield Project’ plant, which is slated to triple Premier Energy’s current capacity, will produce 1.5 GW of solar cells and modules as against the current capacity of 500 MW and is expected to be commissioned in the next 2 months.
Noting that the company also completed 25 years of operation in 2020, Chiranjeev Saluja, Founder and Managing Director, Premier Energies said here that besides working towards objective of cleaner air and a greener world, the new venture will position the company amongst the top 5 solar manufacturing companies in India.
“The new manufacturing unit with a capacity of 1.5 GW will produce MCCE textured multi-crystalline cells as well as Mono PERC cells. The new plant facilities are designed to produce latest generation products by incorporating Monocrystalline PERC technology and this technology step change — along with the increase of wafer size to 182 mm and 210 mm — will drive the industry towards a greener society.”
“The future of India’s power industry is going to be driven by renewable energy — primarily dominated by solar energy and, with the expanded capacity, we aim to work towards India’s commitment of addressing climate change. Our commitment is to fulfill our goals of a greener decade while contributing to the Indian power sector,” he said, adding “With increased adoption of automation and robotics, our new factory will be at par with some of the leading manufacturing companies in Asia, Europe, and USA, producing world-class products.”
Headquartered in Secunderabad, Telangana, Premier Energies, an independent power producer owns / operates more than 250 MW solar power plants across India that are monitored and maintained by an in-house O&M team, besides manufacturing Solar PV Cells & Module in providing end to end solar power solutions to organizations across India and 30 countries in Europe, Africa, and Asia.
Premier is the first Indian solar module manufacturing company to be BIS certified and the world’s 1st CB certified company for Solar PV modules issued by UL. Formerly Premier Solar, Premier Energies has today diversified from solar energy to a fully integrated clean energy company with over two decades of driving sustainability in the renewable energy sector through with a spectrum of products and innovations in energy generation and storage.
