Premier Energies secures US$419 million in orders in Q2 FY2027

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Premier Energies’ Q2 FY2027 order inflow included 2,308MW of solar cell and module supplies, alongside EPC project execution, excluding retail market orders. Image: Premier Energies.

The Indian solar manufacturer Premier Energies received orders worth INR 40.01 billion (US$419 million) for solar cell and module supplies and engineering, procurement and construction (EPC) project execution during July–September 2026.

The order inflow included 2,308MW of solar cell and module supplies, alongside EPC project execution. Orders from the retail market segment were excluded.

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According to the manufacturer, the orders were received during the second quarter of fiscal year 2027 (Q2 FY2027) and came from power producers, module manufacturers, EPC companies and other customers.

Chiranjeev Saluja, managing director, Premier Energies, said: “Our growing order book is a strong validation of our growth strategy and execution ability. The Indian solar market is extremely demanding with customers looking for scale, bankability and latest technology. As India’s largest integrated solar manufacturer, we are ready to serve needs of customers across market segments.”

The order inflow comes as Premier Energies plans to expand its manufacturing footprint under a planned INR 125 billion investment programme over three years. Its total solar module manufacturing capacity has nearly doubled to 11.1GW, while solar cell manufacturing capacity has increased from 3.6GW to 10.6GW.

The increase in cell capacity followed the commissioning last month of its 7GW n-type tunnel oxide passivated contact (TOPCon) G12R solar cell manufacturing facility in Naidupeta, Andhra Pradesh, taking its total solar cell manufacturing capacity to 10.6GW.

The 200 acre-Naidupeta facility will also produce ingots and wafers as part of Premier Energies’ planned expansion into upstream manufacturing. At the time of the project’s announcement in July, Vinay Rustagi, chief business officer at Premier Energies, told PV Tech that production was scheduled to begin in the first quarter of 2028.

Premier Energies is also developing 10GW of ingot-wafer manufacturing capacity as part of its backward integration strategy, alongside 12GWh of battery container manufacturing capacity to diversify its product portfolio.

Earlier this year, Premier commissioned a 5.6GW solar module manufacturing facility in Seetharampur, Telangana. The 75-acre facility can produce four G12R zero-busbar (0BB) TOPCon modules every 16 seconds, according to the company.

Premier has also launched India’s first 0BB TOPCon solar cell, moving beyond the 10BB and 16BB cell designs widely used in the industry.

In October 2025, Premier acquired a 51% stake in transformer manufacturer Transcon and inverter maker KSolare Energy, investing INR5 billion (US$57 million) in Transcon and INR1.7 billion (US$19 million) in KSolare alongside Syrma SGS Technology.

The company also commissioned a 1.2GW TOPCon solar cell manufacturing line at Fab City, Hyderabad, Telangana in June 2025. The line is designed to achieve cell efficiencies above 25% using a 16BB design.

India’s renewable energy transition, from solar PV and energy storage to grid integration, will be a key topic of discussion at the Renewable Energy India (REI) Expo, co-located with the Energy Storage Summit India (ESS India), in Greater Noida on 22-24 October 2026. For the full agenda and booking details, click here.

22 October 2026
India Expo Mart, Greater Noida
Whether you're looking for new technologies, trusted partners, or fresh business opportunities, you'll find them at the 19th Renewable Energy India Expo 2026. Join 55,000+ industry professionals and 1,000+ exhibiting brands across 14 halls featuring solar, bioenergy, battery storage, and the Germany Pavilion. It's where the clean energy sector comes together to exchange ideas, build partnerships, and drive business forward.

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