In Short : UBS has initiated coverage on BHEL, Waaree, Suzlon, and Premier Energies, projecting up to 40% upside potential. The brokerage cites strong policy support, robust growth prospects, and rising demand in the renewable energy and infrastructure sectors. UBS views these companies as key beneficiaries of India’s clean energy transition and anticipates significant investor […]
Premier Energies Shines with 55% Profit Jump Amid Soaring Solar Demand – EQ
In Short : Premier Energies reported a 55% year-on-year surge in Q1 net profit to ₹308 crore, backed by strong demand in solar cell and module production. Revenue rose 10% to ₹1,820 crore, while EBITDA increased 50% to ₹548 crore. Improved margins and a healthy order book reflect the company’s solid growth momentum in India’s […]
Premier Energies and Nuevosol Energy Announce a Joint Venture for manufacturing Aluminium Frames for Solar Modules – EQ
Premier Energies Limited, an integrated solar cell and module manufacturer, has entered into a joint venture with Hyderabad-based Nuevosol Energy Pvt. Ltd, a leading manufacturer of solar PV mounting structures. The JV aims to manufacture aluminium-based solar module frames and value-added components critical to solar modules. Under the agreement, Premier Energies will hold a majority […]
Premier Energies Partners with Taiwan’s SAS to Set Up Solar Wafer Unit in India – EQ
In Short : Premier Energies has partnered with Taiwan’s SAS to set up a 2 GW solar wafer manufacturing unit in India, marking its backward integration into the solar value chain. The joint venture leverages SAS’s semiconductor expertise. Premier also plans major expansions by FY 2028, aligning with India’s Make in India policy to boost […]
Premier Energies halts solar cell plant in the US amidst policy uncertainty – EQ
In Short : Premier Energies has halted its solar cell plant project in the U.S. due to policy uncertainties and regulatory instability. The company cited shifting market conditions as a key factor in its decision. This move reflects broader industry concerns over evolving U.S. clean energy policies, affecting investment confidence and strategic expansion plans. In […]
Premier Energies to Establish 1GW Solar Module Manufacturing Facility in Telangana – EQ
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 […]
Premier Energies along with its subsidiaries secures a 350 MW solar module supply order from Apraava Energy – EQ
In Short : Premier Energies and its subsidiaries have secured a 350 MW solar module supply order from Apraava Energy. This agreement will enhance Apraava’s solar capacity, furthering both companies’ contributions to renewable energy development. In Detail : Premier Energies (PEL) has signed a 350 MW module supply agreement between PEL, its subsidiaries, Premier Energies […]
Premier Energies bags Rs 1,700-cr solar module supply order from NTPC – EQ
In Short : Premier Energies secures a significant Rs 1,700-crore contract for supplying solar modules to NTPC. This substantial order reflects the growing emphasis on renewable energy in India and the pivotal role of private players in contributing to the country’s solar power ambitions. In Detail : Premier Energies will supply 608 megawatt of DCR […]
Premier Energies facility becomes the first LEED Gold rated solar cell and module manufacturing facility in INDIA – Certified by US Green Building Council (USGBC) – EQ Mag Pro
Hyderabad : Premier Energies Photovoltaic Pvt. Ltd, E-City Solar manufacturing facility which is a fully owned subsidiary of the Premier Group, has been accorded LEED Gold Certification by the US Green Building Council (USGBC). The Company has been conferred with Gold Rating under the LEED v4 Building Design and Construction: New Construction and Major Renovations. […]
Premier Energies Raises INR 200 crore Private Equity from GEF Capital, Plan to Triple Capacity by 2023 with an investment outlay of INR 1200 crore – EQ Mag Pro
Sets up biggest Solar Cell and Module manufacturing facility in South India Plans investment of Rs. 1200 Crores over next 2 years to augment capacity Premier Energies, one of India’s leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, […]