Secunderabad based solar module & cell manufacturer is looking towards expansion. Premier Energies is all set to go ahead for a  new 1.5GW manufacturing unit in the outskirts of Hyderabad. After the acquisition of 25 Acre land company is looking to start commissioning in the upcoming 2 months.

It has invested Rs.483 crore for the facility to get ready in the E-city. After the increase of import duties, domestic manufacturing is getting a push. Existing capacity of the company for solar module manufacturing is 500MW & 60MW for the solar cells.

Looking towards the expansion & innovation Premier Energies willing to produce 750MW of solar modules & 750MW of solar cells. This facility will produce MCCE textured multi-crystalline cells & Mono-PERC cells. The recently announced PLI scheme will help the company to shape up the facility & scaling-up the production.

Premier Energies has completed 25 years in 2020, now extensively grabbing the opportunity.

Source:- The Hindu

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