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Premier Energies Expands with Strategic Acquisitions in Solar Inverters and Power Transformers

Premier Energies Limited (PEL) has approved two major acquisitions. PEL will acquire a 51% stake in KSolare Energy Private Limited for ₹86.70 crores, with Syrma SGS Technologies acquiring the remaining 49%. KSolare specializes in solar inverter manufacturing. Additionally, PEL will acquire a 51% stake in Transcon Ind Limited, a power transformer manufacturer, for ₹500.30 crores. Both acquisitions aim to diversify PEL's portfolio, enhance market penetration, and create synergies in the energy sector.

30Sept 25

DGTR's Anti-Dumping Duties on Chinese Solar Cells: Impact on Premier Energies and Indian Solar Industry

Premier Energies, a major Indian solar manufacturer, has won contracts worth $19.95 million in Benin, West Africa, for solar power systems. This includes 750 rooftop solar systems, 4,400+ solar streetlights, and 650 solar water heaters. The project aims to improve community infrastructure and energy sustainability. Meanwhile, India has imposed anti-dumping duties on Chinese solar cell imports, potentially boosting domestic production but also increasing costs for the industry.

29Sept 25

Premier Energies Secures $19.95 Million Solar Contract in Benin, West Africa

Premier Energies Limited has won a $19.95 million contract for solar power systems in Benin, West Africa. The project includes installing 750 rooftop solar systems, over 4,400 solar streetlights, and 650 solar water heaters at various community facilities. This initiative is part of Benin's national effort to expand clean energy access, financed through a Line of Credit from India's EXIM Bank and ECOWAS Bank for Investment and Development. The project aims to enhance community safety, healthcare services, and educational infrastructure in Benin.

06Sept 25

Premier Energies Subsidiaries Bag INR 765 Crore in Solar Orders

Premier Energies Limited's subsidiaries have secured orders worth INR 765 crore for solar modules and cells. The orders, from 8 domestic and 1 foreign customer, include INR 632 crore for solar modules and INR 133 crore for solar cells. Supply is scheduled to begin in July 2025. The company confirmed no related party transactions are involved.

01Sept 25

Premier Energies Secures Massive ₹2,700 Crore Order

Premier Energies has announced securing a significant order worth ₹2,700.00 crore. While specific details about the order and client remain undisclosed, this substantial contract is expected to have a considerable impact on the company's financial outlook and order book. The deal showcases Premier Energies' strong market position and capabilities in the energy industry. Successful execution of this project could potentially lead to more high-value contracts in the future.

12Aug 25

Premier Energies Limited Announces Board Changes and Key Corporate Updates

Premier Energies Limited has appointed Mr. Nishith Hasmukh Mehta as an Additional Non-Executive Independent Director for a five-year term, while Mr. Jasbir Singh Gujral has stepped down from his position. The company has recommended M/s P. S. Rao & Associates as Secretarial Auditor for five years. The record date for dividend eligibility is set for August 29, 2025, and the 30th Annual General Meeting is scheduled for September 12, 2025.

30Jul 25

Premier Energies Reports Record Q1 Performance with 12% Revenue Growth and 61% EBITDA Surge

Premier Energies Limited achieved its strongest quarterly performance in Q1 FY26, with total revenue up 12% YoY to INR 18,695.00 million, EBITDA surging 61% to INR 5,971.00 million, and PAT increasing 55% to INR 3,078.00 million. The company commissioned new manufacturing lines, expanding its capacity. With an order book of INR 86,027.00 million and ambitious expansion plans, Premier Energies aims to build 10 GW integrated manufacturing capacity, 12 GW BESS, and 3 GW inverter capacity by FY28. The company remains focused on the Indian market and is optimistic about the solar industry's growth trajectory.

26Jul 25

Premier Energies Reports Strong Q1 FY2026 Results with 55% Jump in Profit

Premier Energies Limited announced impressive Q1 FY2025-26 results, with consolidated revenue reaching INR 18,695.00 million, up 9.9% year-over-year. Profit after tax surged 55.3% to INR 3,078.00 million. The company completed commissioning of a 1.4 GW module plant and a 1.2 GW TOPCon cell plant in Hyderabad. With a negative net debt of INR 10,570.00 million and a healthy debt-to-equity ratio of 0.49, Premier Energies maintains a strong financial position. The company's order book stands at INR 86,027.00 million, corresponding to 5,545 MW capacity. Premier Energies is working towards its Mission 2028 target of achieving 10+ GW integrated capacity across various renewable energy segments.

22Jul 25

Premier Energies Schedules Q1 FY26 Earnings Call for July 28, 2025

Premier Energies Limited will host an earnings call on July 28, 2025, at 11:00 AM IST to discuss its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The call will feature presentations by the Managing Director, CFO, and Chief Business Officer. Investors can join via universal access numbers or international toll-free numbers. ICICI Securities is coordinating the call, with contact details provided for further inquiries.

27Jun 25

Premier Energies Expands Solar Manufacturing Capacity with 1.2 GW Topcon Cell Line

Premier Energies has commissioned a new 1.2 GW Topcon solar cell production line in Hyderabad, marking a significant expansion in its manufacturing capabilities. The company plans to increase its cell manufacturing capacity to 8.4 GW and module capacity to 11.1 GW. This development aligns with India's push for self-reliance in renewable energy and is expected to boost domestic manufacturing, advance technology adoption, create jobs, and contribute to India's energy security goals.

26Jun 25

Premier Energies Boosts Solar Production with 1.2 GW TopCon Cell Line in Hyderabad

Premier Energies has commissioned a new 1.2 GW TOPCon solar cell manufacturing line in Hyderabad, increasing its total solar cell capacity from 2 GW to 3.2 GW. The company aims to expand its solar cell capacity to 8.4 GW and module capacity to 11.1 GW by June 2026. The new line features 16-busbar architecture and can achieve cell efficiencies exceeding 25%. This expansion enhances Premier Energies' production capacity, technological edge, and ability to support India's renewable energy goals.

12Jun 25

Premier Energies Eyes Expansion into Battery Manufacturing

Premier Energies, a key player in the energy sector, is reportedly considering expansion into battery manufacturing. This move could potentially diversify the company's energy-related portfolio. While specific details about the plans are limited, the expansion could have strategic implications including revenue diversification, positioning in the growing energy storage market, and possible vertical integration with existing operations. The company's next steps and any official announcements are yet to be revealed.

11Jun 25

Premier Energies Sees ₹2,629 Crore Block Deal with Major Institutional Buyers

Premier Energies Ltd. experienced a significant block deal involving 2.5 crore shares (5.54% of equity) valued at ₹2,629.00 crore. Major buyers included Goldman Sachs, Morgan Stanley, Citigroup, Axis Mutual Fund, SBI Mutual Fund, and Societe Generale. South Asia Growth Fund was the seller. The company's stock closed 1.9% higher at ₹1,082.80 per share following the announcement.

10Jun 25

Premier Energies Sees Major Stake Sale as Institutional Investors Swoop In

GEF Capital Partners' affiliate sold a 5.6% stake in Premier Energies through a block deal valued at Rs 2,630.00 crore. The transaction occurred at an average price of Rs 1,051.60 per share. Notable buyers included Quant Mutual Fund, Premji Invest, and SBI Life Insurance, along with other domestic and foreign institutional investors. This deal demonstrates strong investor interest in Premier Energies and potentially the broader energy sector.

10Jun 25

South Asia Growth Fund to Offload 5.5% Stake in Premier Energies via Block Deal

South Asia Growth Fund II plans to sell 2.5 crore shares (5.5% stake) in Premier Energies Ltd through a block deal on June 10. The floor price is set at ₹1,501 per share, a 1% discount from the previous closing price. The total transaction value is expected to be ₹3,752.50 crore. The fund will be subject to a 150-day lock-in period after the sale.

09Jun 25

Premier Energies: South Asia Growth Fund II to Divest 5.5% Stake via Block Deals

South Asia Growth Fund II Holdings plans to sell up to 2.5 crore shares (5.5% stake) of Premier Energies Ltd through block deals. The floor price is set at ₹1,051.50 per share, a 1% discount to the current market price. Premier Energies recently reported strong financial results and has a robust order book of 5,303 MW valued at ₹8,445.60 crore.

23May 25

Premier Energies Faces Potential Impact as US Plans Early End to Clean Energy Tax Credits

The US government has passed a bill to prematurely end clean energy tax credits, potentially affecting global solar and wind energy projects. Premier Energies, a key player in the solar energy sector, may face challenges due to this policy shift. The decision could impact project viability, investment landscape, and global market dynamics in the renewable energy sector.

20May 25

Premier Energies Q4 Profit Surges 9%, JPMorgan Raises Target Price

Premier Energies delivered strong Q4 results with net profit rising 9% to ₹277.80 crore, despite a 5% revenue decline to ₹1,621.00 crore. EBITDA margins expanded to 32.60%. The company secured new orders worth ₹3,100.00 crore and announced capacity expansion plans. JPMorgan raised its target price for Premier Energies to ₹1,013.00, reflecting confidence in the company's growth prospects.

19May 25

Premier Energies Forms Strategic Joint Venture with Nuevosol for Solar Module Frames

Premier Energies has entered into a joint venture with Nuevosol to manufacture aluminium frames for solar modules. Premier Energies will hold an 80% stake in the venture, while Nuevosol will retain 20%. This move aims to strengthen Premier Energies' position in the solar industry through vertical integration, potentially improving quality control, cost efficiency, and supply chain resilience. The partnership aligns with India's growing solar energy sector and could enhance Premier Energies' competitiveness in the market.

19May 25

Premier Energies Posts Impressive Q4 Results with Soaring Profits, Revenue, and Ambitious Expansion Plans

Premier Energies has reported impressive Q4 financial results with significant year-over-year growth. Net profit surged 167% to ₹277.80 crore, revenue increased 43.43% to ₹1,620.80 crore, and EBITDA rose 187.50% to ₹529.00 crore. The company's EBITDA margin expanded to 32.64% from 16.28%. Additionally, Premier Energies announced plans to expand to 10 GW cell and 11 GW module capacity by FY2028, with an estimated capex of ₹1,250.00 crore. The company has also formed two new joint ventures for solar silicon wafer production.

18May 25

Premier Energies Reports Mixed Q4 Results, Announces Expansion Plans

Premier Energies' Q4 results show a 5% decrease in revenue to Rs 1,621 crore, but a 9% increase in net profit to Rs 278 crore. EBITDA rose 3% to Rs 529 crore. The company secured new orders worth Rs 3,100 crore, a 40% increase. Strategic initiatives include capacity expansions, a joint venture for aluminum frame manufacturing, and another for silicon wafer production.

17May 25

Premier Energies Reports Robust Q4 Results with Tripled EBITDA and Doubled Net Profit

Premier Energies announced impressive Q4 financial results, showcasing substantial growth across key metrics. Revenue increased by 41.59% to ₹16.00 billion, EBITDA grew by 187.50% to ₹5.29 billion, and net profit surged by 166.35% to ₹2.77 billion compared to the same period last year. The company's EBITDA margin expanded significantly to 32.61%, up from 16.37% in the previous year. These results demonstrate Premier Energies' strong market position, operational excellence, and ability to capitalize on market opportunities while maintaining cost efficiency.

15Apr 25

Premier Energies Forges Strategic Alliance with RENA Technologies for Solar Cell Innovation

Premier Energies, a key player in India's solar energy sector, has formed a strategic partnership with RENA Technologies, a global leader in wet chemical processing equipment. The collaboration aims to develop next-generation solar cell innovations, potentially enhancing cell efficiency, reducing production costs, and improving manufacturing sustainability. This alliance combines Premier Energies' solar manufacturing expertise with RENA Technologies' advanced processing solutions, positioning both companies at the forefront of solar innovation.

04Apr 25

Premier Energies Expands into Aluminium Frame Manufacturing with New Subsidiary

Premier Energies Limited (PEL) has incorporated a new wholly-owned subsidiary, Premier-Green Aluminium Private Limited (PGAPL), on April 3, 2025. PGAPL will focus on manufacturing aluminium frames primarily for captive consumption, with an authorized share capital of ₹10.00 lakh. This strategic move aims to strengthen PEL's supply chain, enhance vertical integration, and potentially reduce costs in the renewable energy sector.

03Apr 25

Premier Energies Expands into Aluminium Frame Manufacturing with New Subsidiary

Premier Energies Limited has established a wholly-owned subsidiary, Premier-Green Aluminium Private Limited (PGAPL), to manufacture aluminium frames for solar panels. Incorporated on April 03, 2025, with an authorized share capital of ₹10.00 lakh, PGAPL aims to strengthen Premier Energies' position in the renewable energy value chain. This strategic move could potentially secure the company's supply chain, reduce costs, and open new revenue streams in the aluminium products market.

21Mar 25

Premier Energies Joins FTSE All World Index, Anticipating ₹1.9 Billion Inflow

Premier Energies has been included in the FTSE All World Index, a move expected to attract approximately ₹1.90 billion ($22.20 million) in capital inflow. This inclusion is anticipated to increase the company's visibility among global investors, potentially boost stock liquidity, and validate its growth. The addition to this globally recognized index may also lead to increased institutional ownership and possibly reduce stock price volatility over time.

28Feb 25

Premier Energies: Lock-In Period Ending, 23% of Shares to Hit Market Amid Stock Decline

Premier Energies will see its six-month shareholder lock-in period expire on February 28, 2025, making 10.6 crore shares (23% of outstanding equity) eligible for trading. The company's stock has already declined 33% from its post-listing high and 31% year-to-date. Kotak Institutional Equities maintains a 'sell' rating with a price target of ₹840, indicating potential challenges ahead for the energy sector player.