Premier Energies Limited
Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.
What Premier files
- Others66
- Investor Meet41
- Updates26
- Board Meeting20
- Important11
- JV/Acquisition11
Premier Energies' long-term credit rating has been upgraded by CRISIL to 'A+/Positive'. This positive outlook signals improved financial stability and operational strength for the company.
Premier Energies reported strong Q1 results: revenue up 34.1% YoY to ₹2,507.6 Cr, PAT surged 53.3% to ₹471.9 Cr. Growth driven by new 5.6 GW module facility inauguration and 7 GW cell plant progress, promising a significant boost ahead.
Premier Energies has incorporated Premier Battery Technologies, a 100% wholly-owned subsidiary, to enter the Battery and Energy Storage Systems sector. This strategic move involves an initial investment of Rs 0.05 Cr.
Premier Energies inaugurated a new 5.6 GW solar module facility, boosting total capacity to 11.1 GW. The company also broke ground on a 6 GWh BESS facility and an 18,000 MT/year aluminum frames plant, strengthening its integrated clean-energy manufacturing.
Premier Energies secured new orders worth ₹3,011 Cr in Q1 FY27 for 1,846 MW solar cells and modules. This significant inflow supports their growth strategy, enabling a massive capacity expansion to 11.1 GW for modules and 10.6 GW for cells by Sep 2026.