Global Infrastructure SherpaPremier Energies to invest INR 5,942 crore in new solar manufacturing complex in Andhra Pradesh
USD59.4B
Deal Value
4 GW
Capacity
Premier Energies Limited, an Indian solar manufacturer, announced plans to invest INR 5,942 crore in a new solar manufacturing complex in Andhra Pradesh. The facility will include a 4 GW TOPCon solar cell manufacturing unit and a 5 GW silicon ingot and wafer production plant, with scalable capacity up to 7 GW. This investment aims to support domestic solar manufacturing by integrating ingot, wafer, and cell segments within one facility.
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Premier Energies is investing INR 5,942 crore into a new solar manufacturing complex in Andhra Pradesh, a significant move for India's domestic production capabilities. The facility will integrate ingot, wafer, and 4 GW TOPCon solar cell manufacturing, with silicon ingot and wafer capacity reaching 5 GW, scalable to 7 GW. This vertical integration aims to strengthen the local supply chain, reducing reliance on external sources for critical components. It's a direct effort by the Indian solar manufacturer to build out the nation's solar manufacturing muscle.
- INR 5,942 crore investment by Premier Energies.
- 4 GW TOPCon solar cell manufacturing unit.
- 5 GW silicon ingot and wafer production, scalable to 7 GW.
- Vertical integration of ingot, wafer, and cell segments.
Timeline
Announced
Mar 12, 2026
Signed
Closed
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