Next Decade is defining period for India’s energy transition, says Premier Energies

With India Targeting 500 Gw Non-Fossil Fuel Capacity by 2030, of which solar would account for about 300 gw, Premier Energies Limited, One of India’s Biggest Integrate Manufacturers, is see a massive options ahead, a top official said.

“The next decade is a defining period for India’s energy transition. Business Officer, Premier Energies.

“We are focused on developed our capability and creating world class, globally competition capacities using advanced technologies to replace imports. India to Meet Its Renewable Targets whose Emerging as a Serious Global Player, “He said.

“Premier Energies AIMS to be at the center of that transformation, mainTaining a 20 percent market share while offering the world a cost-competivity, non-chinese manufactory,”

With a ₹ 12,000 Crore Capex Plan Underway, The Company is Scheduled to More Than Double IT’s Solar Cell and Solar Module Manufacturing Capacity Next Year and Orstar SCALE Up FURTERE SCALE Up FY28 Among the largest full integrated renewable equipment manufacturers in the world, He said.

Currently the company has 5.1 gw of module capacity which will record 11.1 gw next year. Similarly the current 3.2 gw of Solar Cell Capacity would increase to 8.4 gw next year.

To have a larger play in the sector the company has stepped into the broader area of ​​energy storage, solar inverters, aluminum module frames, and backward integration into ingots and wafers, he said.

Since the company’s workforce of 6,600 is expected to double in the coming year, it is partnering with itis and training institutes to have skilled manpower.

For the first Quarter of FY26 The Company Reported Revenue of ₹ 1869.5 Crore, Up 12% Year-On-Year. During the period, its profit increasing 55% year-on-year to ₹ 308 Crore.