Latest news with #PremierEnergiesLimited
The Wire
20-05-2025
- Business
- The Wire
Premier Energies Limited and Sino-American Silicon Products Inc. Announce a Joint- Venture for Solar Wafer Manufacturing
Hyderabad, Telangana, India (NewsVoir) Premier Energies Limited, an integrated solar cell and module manufacturer, has signed a 74:26 joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS), whose subsidiary, GlobalWafers Co. Ltd., is the world's third-largest manufacturer of semiconductor silicon wafer with expertise in the research, development, and manufacturing of Silicon wafers. The JV … Continue reading "Premier Energies Limited and Sino-American Silicon Products Inc. Announce a Joint- Venture for Solar Wafer Manufacturing"
Time of India
19-05-2025
- Business
- Time of India
Premier Energies, Taiwan's SAS form JV for 2 GW solar wafer unit in India
New Delhi: Premier Energies Limited has signed a joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS) to set up a 2 GW per annum silicon wafer manufacturing plant in India. Under the agreement, Premier Energies will hold a 74 per cent stake and SAS will hold 26 per cent. SAS, through its subsidiary GlobalWafers Co. Ltd., is the third-largest global manufacturer of semiconductor silicon wafers. The new facility will slice polysilicon ingots into wafers for use in the production of photovoltaic cells and modules. The venture marks Premier Energies' backward integration into solar wafer production and is aimed at strengthening the local solar manufacturing value chain . 'This agreement marks the start of our backward integration into solar wafers. We are excited to partner with SAS to produce high-quality solar wafers to increase the share of local manufacturing in the solar value chain. The JV will play a pivotal role in strengthening the Make-in-India policy initiative of the Indian government,' said Chiranjeev Saluja, Managing Director, Premier Energies. Doris Hsu, Chairperson and CEO of Sino-American Silicon Products Inc. and GlobalWafers Co., Ltd., said, 'This cooperation will be an important step for our future development in India. SAS and Premier Energies will bolster a critical aspect of the solar supply chain among various industries in India domestic and overseas markets. Furthermore, this can enhance both operational resilience and seize the strong demand of the Indian market.'
Business Upturn
17-05-2025
- Business
- Business Upturn
Premier Energies commissions 1.4 GW TOPCon solar module facility in Telangana
By Aman Shukla Published on May 17, 2025, 18:17 IST Premier Energies Limited has announced the successful commissioning of a 1.4 GW Solar Photovoltaic Tunnel Oxide Passivated Contact (TOPCon) module manufacturing facility. The development comes through its wholly owned subsidiary, Premier Energies Global Environment Private Limited. This new facility is located at the Electronics Manufacturing Cluster (EMC) in Maheshwaram, Telangana. It operates on leasehold premises managed by the Telangana Industrial Infrastructure Corporation (TGIIC). This commissioning follows an earlier announcement made on December 13, 2024, regarding the establishment of a 1 GW TOPCon module manufacturing unit. The upgraded capacity to 1.4 GW marks a significant expansion in Premier Energies' manufacturing capabilities in advanced solar technologies. In the exchange filing, the company shared, 'With reference to the captioned subject and in continuation of our earlier intimation of establishing 1 GW Solar Photovoltaic TOPCon Modules Manufacturing facility was made dated 13th December 2024. We are pleased to inform you that Premier Energies Limited through its Wholly Owned subsidiary, Premier Energies Global Environment Private Limited has successfully commissioned enhanced capacity of 1.4 GW Solar Photovoltaic TOPCon Module manufacturing facility at EMC Maheeshwaram, Telangana on leasehold premises owned by TGIIC (Telangana Industrial Infrastructure Corporation).' The facility is part of the company's efforts to scale up production of high-efficiency solar modules for both domestic and international markets. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
