Rs 8,603 Crore Order Book: Solar Company is Among the First in India to Launch Breakthrough G12R N-type Solar Cell Technology
DSIJ Intelligence-1 / 22 Aug 2025/ Categories: Mindshare, Trending
The stock is up by 38 per cent from its 52-week low is Rs 755.55 per share.
Premier Energies Limited, a major Indian integrated solar manufacturer, has launched its 620 W DCR solar modules using G12R TOPCon technology. These modules are among the highest-output, large-format panels available in India and represent a significant milestone in the country's transition to high-efficiency solar. The new modules are built with Tunnel Oxide Passivated Contact (TOPCon) architecture, which provides superior efficiency, improved performance in high temperatures and low-light conditions, and an optimised rectangular format for higher string power and reduced system costs.
The company's managing director and CEO, Chiranjeev Saluja, highlighted that Premier Energies is one of the first domestic companies to bring this technology to the market. He stated that the 620 W DCR modules are a "future-ready solution" designed to maximise energy yield for both utility-scale and rooftop projects. By being compliant with India’s Domestic Content Requirement (DCR) regulations, these modules also support the nation's "Make in India" policy and its broader solar power ambitions.
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The key features of the new modules include their high output, enhanced durability for India's climate, and a lower Levelized Cost of Energy (LCOE). The G12R rectangular format is designed to optimise system layout and reduce overall system costs. This product launch marks the next phase of Premier Energies' commitment to innovation and quality, aiming to provide consumers with greater returns and a lower carbon footprint.
About the Company
Premier Energies is a publicly listed company and one of the largest integrated solar manufacturers in India. With a proven track record of 30 years in the solar business, the company is known for its focus on technology innovation, sustainability and employee-centric culture. It holds the distinction of receiving a Great Place to Work certification for four consecutive years.
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Premier Energies Limited has a market capitalisation of more than Rs 45,000 crore and as of March 31, 2025, the order book stands at Rs 8,603 crore. The company’s PE is 50x, its ROE is 54 per cent and its ROCE is 42 per cent. The stock is up by 38 per cent from its 52-week low is Rs 755.55 per share.
Disclaimer: The article is for informational purposes only and not investment advice.