Premier Energies and RCT India to form JV for 12 GWh BESS factory in Telangana
Type: Partnership · Technology: Storage · Country: India · Capacity: 12 GWh · Announced: 2026-09-11
Premier Energies Ltd and RCT India, a part of Germany’s RCT Solutions Group, have signed a binding term sheet to establish a joint venture for a 12 GWh battery energy storage system (BESS) manufacturing facility in Telangana, India. The proposed facility will be developed through Premier Energies’ subsidiary, Premier Battery Technologies, with the first 6 GWh phase expected to become operational by June 2027. This partnership aims to cater to the rapidly growing demand for energy storage across commercial, industrial, and utility-scale applications in India and international markets. The collaboration combines Premier Energies’ manufacturing capabilities with RCT’s global energy-sector experience and engineering expertise to develop globally competitive BESS solutions. This strategic move allows Premier Energies to expand beyond solar manufacturing into a broader clean-energy company, contributing to India's robust domestic BESS manufacturing ecosystem and creating an export-oriented platform.
Analysis
Premier Energies Ltd and RCT India have signed a binding term sheet to create a joint venture for a 12 GWh battery energy storage system manufacturing facility in Telangana, India. The facility will be developed through Premier Energies’ subsidiary Premier Battery Technologies and will be built in two phases, with the first 6 GWh phase slated to be operational by June 2027. The partnership combines Premier Energies’ manufacturing capabilities with RCT India’s engineering expertise under the joint venture structure.
Key points
- Premier Energies Ltd and RCT India signed a binding term sheet on 2026-09-11
- Joint venture will build a 12 GWh BESS factory in Telangana, India
- First 6 GWh phase expected to be operational by June 2027
- Premier Battery Technologies will develop the facility
Counterparties
- RCT Solutions Group (Parent Company)
- Premier Battery Technologies (Developer)
- RCT India (Partner)
- Premier Energies Ltd (Partner)
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