Premier Energies, is a 25 year old clean energy company with a robust network across thirty countries. It 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 offering end to end solutions.
One of the largest companies in the renewable energy space , Premier is now geared to be a Gigawatt ( GW ) scale solar cell and module manufacturing company, ready to commission 1 GW in first phase by September 2020 and conclude the second phase in March 2021 with an investment outlay of INR 500 crores for the first phase. This ambition has been ably supported by the Indian Renewable Energy Development Agency Limited (IREDA) under the administrative control of Ministry of New and Renewable Energy (MNRE).
To fuel this growth, the company has signed up a technical partnership with Jupiter Solar. Talking about this association, Mr. Surender Pal Singh the Chairman, Premier Energies, said “Solar manufacturing in India faces the twin challenge of accelerated adoption of new technologies and a very aggressive build-up of manufacturing capacities to global levels. This needs transformational thinking. Collaboration and leveraging combined competencies is the way forward for the existing manufacturers and in-line with this we have entered into a strategic alliance with Jupiter Solar for setting up GW scale cell, wafer and module manufacturing facilities. Combined, we have a vast talent of human resources, technical competencies and access to competitive capital. This partnership will drive our accelerated growth and establish our leadership in solar manufacturing outside of China. The government of India has created a stable demand under the CPSU scheme which endorses use of ‘Make in India’ products. This policy was instrumental in Premier Energies’ ambitious expansion plan.
Mrs. Revathi Rohini, Director Premier Energies said ‘our expansion plans wouldn’t have fructified without the swift action and support of Government of Telangana through its Department of Industries in providing necessary approvals to facilitate the setting up of our state-of-the-art manufacturing facility’.
Change and energy are constant. At Premier Energies, this year also marks 25 years of vision, passion, leadership and is set to evolve further to power self-reliance and lead growth in India.