Premier Energies planning to expand cell, module manufacturing capacity
It also planning to enter into the manufacturing of ingots and wafers
Premier Energies is planning to more than double its annual cell and module manufacturing capacity to meet growing demand. Under its Rs 11,000 crore expansion plan, the company plans to expand its annual cell and module manufacturing capacity to 10.6 gigawatt and 11.1 gigawatt, respectively. Currently, the company manufactures 3.2-gigawatt (GW) cells and 5.1 GW modules annually from four units situated near Hyderabad in Telangana. Under the capacity expansion plan, it plans to add 7.4 GW cell manufacturing capacity in Andhra Pradesh and 6 GW of module capacity in Telangana.
Moreover, it also planning to enter into the manufacturing of ingots and wafers to become one of the largest integrated renewable energy equipment manufacturers outside of China.
Premier Energies manufactures integrated solar cell and solar panel.
