Premier Energies, one of India’s leading Solar PV Cells & Module manufacturing company, is set to launch their new state-of-the-art facility at E-City Hyderabad.
Built with an investment of Rs. 483 crore, the new venture will elevate the company amongst the top five solar manufacturing players in India. The formal inauguration of this new plant by Hon’ble Minister of Municipal Administration and Urban Development of Telangana, Shri K T Rama Rao is scheduled for 29th July 2021.
The new manufacturing unit, a greenfield project with a capacity of 750 MW solar cell & 750 MW solar module, will produce MCCE textured multi-crystalline cells and modules, Mono PERC cells and modules as well as 19.2% efficiency polycrystalline cells and modules. The plant has been designed to produce latest generation products by incorporating Monocrystalline PERC technology. This technology will usher change by increasing the wafer size to 182 mm and 210 mm.
The ISO 9001/ ISO 14001 certified manufacturing facility uses state of the art production systems such as TQC (Total Quality Control) and SPC (Statistical Process Control) quality control. This launch will therefore increase the availability of highest quality ‘Made in India’ solar cells aligned to the government’s Atmanirbhar Bharat initiatives.
Surender Pal Singh, Founder and Chairman, Premier Energies said, “It has been our vision to set up a business that would contribute to the environment for the larger good of the society. This new world-class facility takes us a step closer to this vision. While contributing to a greener tomorrow with eco-friendly products, the plant is a significant milestone in the evolution of solar technology and will help us lead the change in the power sector in India by helping the industry switch to cleaner renewable power sources.”
Chiranjeev Saluja, Founder and Managing Director, Premier Energies said, “This new facility, is a symbol of our strong commitment to the Indian power sector, and a shining example of the success of the Government’s ‘Make in India’ initiative. 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. With this launch, we have further strengthened our product portfolio which caters to a wide range of customers.”
Headquartered in Greater Hyderabad Telangana, Premier Energies, has a capacity of 1.25 GW Module and 0.75GW Cell. With new launch, the company is now 2nd largest integrated manufacturer of solar cells and modules in India. The company has completed 25 years of operations in 2020.