Premier Energies To Set Up Rs 483 Crore Solar Cell Facility In Hyderabad

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  • A company release said that this plant will produce 1.5 GW of solar cells and modules as against the current capacity of 500 MW
  • The plant is expected to be commissioned in the next 2 months

Premier Energies is setting up a new state-of-the-art facility at Hyderabad at an investment of Rs 483 crore. The Greenfield Project, spread across 25 acres, is slated to triple Premier Energys current capacity. A company release said that this plant will produce 1.5 GW of solar cells and modules as against the current capacity of 500 MW. The plant is expected to be commissioned in the next 2 months.

Produce MCCE textured multi-crystalline cells as well as Mono PERC cells

Chiranjeev Saluja, Founder and Managing Director, Premier Energies said, “We at Premier Energies realize that the future of the power industry in India is going to be driven by renewable energy, primarily dominated by solar energy. With the expanded capacity, we aim to work towards India’s commitment of addressing climate change. Our commitment is to fulfill our goals of a greener decade while contributing to the Indian power sector. 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”.

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The new manufacturing unit with a capacity of 1.5 GW, will produce MCCE textured multi-crystalline cells as well as Mono PERC cells. The new plant facilities are designed to produce latest generation products by incorporating Monocrystalline PERC technology. It added that this technology step change along with the increase of wafer size to 182 mm and 210 mm will drive the industry towards a greener society.

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