Solar Equipment Manufacturer Company Inaugurates 5.6 GW Module Facility; Total Capacity Rises to 11.1 GW; Share Price Jumps 4%

On Thursday, Indian equity benchmarks traded higher, with the benchmark Nifty 50 index rising 0.80 per cent to 24,074.65. Amid the broader market strength, Premier Energies share price traded at Rs 1,089.40, up 4.36 per cent from the previous close after the company inaugurated its next-generation Solar module manufacturing facility in Telangana and announced expansion into battery energy storage and aluminium frame manufacturing.

Premier Energies Inaugurates 5.6 GW Solar Module Facility

Premier Energies inaugurated its new 5.6 GW solar module manufacturing facility at Seetharampur, Telangana. With the commissioning of the new plant, the company's total solar module manufacturing capacity has increased to 11.1 GW, strengthening its manufacturing capabilities for domestic and international markets.

The new facility features G12R TOPCon module manufacturing lines, India's first Zero Bus Bar manufacturing unit, AGV-enabled material-handling systems, and AI-powered quality inspection technology. According to the company, the automated production lines can manufacture one solar module every four seconds while maintaining high precision and quality.

Groundbreaking for BESS and Aluminium Frames Facilities

Alongside the inauguration, Premier Energies performed the groundbreaking ceremony for a 6 GWh Battery Energy Storage System (BESS) facility and an 18,000 metric tonnes per annum aluminium frames manufacturing facility at the same campus.

The company said the expansion into battery storage and aluminium frame manufacturing is aimed at strengthening its clean energy value chain, enhancing supply chain integration and supporting India's self-Reliance in renewable energy manufacturing. The 75-acre Seetharampur campus is expected to generate more than 3,000 jobs once fully operational.
Also Read - Highest Trading Volume Since Jan 31,2026: This Multibagger Jewellery Stock Rallies 22% in Two Days; Here's Why

Management Commentary

Commenting on the development, Mr Surender Pal Singh Saluja, Chairman, Premier Energies, said: "The inauguration of the Seetharampur facility is a proud milestone in Premier Energies' 30-year journey. What began as a vision in 1995 has grown into one of India's leading integrated solar manufacturing platforms. This facility reflects our commitment to technology, manufacturing excellence and India's clean-energy future."

Mr Sudhir Reddy, Director, Premier Energies, added: "The Seetharampur facility represents an important step in Premier Energies' strategy to build a more integrated, technology-led clean-energy manufacturing platform. Along with the upcoming BESS and aluminium frames facilities, this campus strengthens our ability to serve evolving customer requirements, enhance supply-chain resilience and support India's transition towards a self-reliant clean-energy future."

About Premier Energies

Premier Energies Ltd is one of India's leading integrated solar manufacturers with over three decades of experience in solar cell and module manufacturing. The company is expanding its presence across the clean energy value chain through investments in battery energy storage systems, inverters, Transformers, aluminium components, and backward integration into ingots and wafers.

What are your thoughts on Premier Energies' latest manufacturing expansion? Share your views in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.