In Short : Premier Energies plans to set up a 1GW solar module manufacturing unit in Telangana to boost India’s solar energy capabilities. The facility will produce high-quality solar modules for domestic and international markets, supporting India’s renewable energy goals. This move aligns with the government’s push for self-reliance in solar manufacturing and will create jobs, strengthening the local economy.
In Detail : Premier Energies, a prominent player in the renewable energy sector, has announced plans to set up a 1GW solar module manufacturing unit in Telangana. This move is part of the company’s strategy to enhance India’s solar manufacturing capabilities and contribute to the country’s renewable energy goals. The new plant is expected to boost the local economy, create jobs, and support the growing demand for solar energy.
The new facility will focus on producing high-quality, efficient solar modules for both domestic and international markets. By increasing the production capacity, Premier Energies aims to cater to the rising demand for solar energy solutions, which have become a key component in the global shift towards clean energy.
This project aligns with the Indian government’s push for self-reliance in solar manufacturing and its vision to achieve a 500GW renewable energy target by 2030. The facility will play a critical role in reducing India’s dependency on imported solar modules, thereby strengthening the country’s solar supply chain.
Premier Energies also intends to adopt advanced technologies at the new unit to produce state-of-the-art solar modules. These modules will be designed for high performance and durability, enhancing the efficiency of solar power generation. The new plant will focus on increasing the scale of production while maintaining high quality, which will help meet both domestic and global demand.
The establishment of this 1GW unit is also expected to contribute significantly to Telangana’s economy by creating employment opportunities, boosting local industries, and attracting further investment into the state. Premier Energies is in discussions with state authorities to ensure that the necessary infrastructure and resources are in place for the successful execution of the project.
This move underscores Premier Energies’ commitment to sustainable energy solutions and supports India’s push to become a global leader in renewable energy. The new solar module manufacturing unit will be pivotal in advancing India’s clean energy transition, helping the country meet its ambitious renewable energy targets.
