Indian independent power producer (IPP) Azure Power has made a US$12.9 million investment in solar manufacturer Premier Energies while also locking in domestic PV module supply from the company.
Indian solar manufacturer Premier Energies has secured an INR 2 billion (US$27 million) investment from private equity firm GEF Capital Partners to support its planned increases in cell and module production.
India-based PV manufacturer Premier Energies will soon open a new 1.5GW integrated PV manufacturing plant at E -City, Hyderabad, which will produce monocrystalline large-area solar cells and modules.
