Premier Energies secures 350 MW solar module order from Apraava Energy

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Premier Energies Ltd has announced the signing of a 350 MW solar module supply agreement with Apraava Energy, an integrated energy solutions provider. The agreement with Apraava Energy was signed by Premier Energies Ltd and its subsidiaries, Premier Energies International and Premier Energies Photovoltaic. It marks the first collaboration between Premier Energies and Apraava Energy to advance renewable energy projects in India.

Under the agreement, Premier Energies International will provide solar PV modules to Apraava Energy’s solar project in Rajasthan. These modules will be built to ensure performance, energy output and reliability, stated Premier Energies.

Premier Energies Ltd, along with its subsidiaries, has an annual installed capacity of 2 GW solar cells and 3.36 GW modules as of March 31, 2024, with another 1 GW cell and module capacities under construction.

The company was rated ‘Top Performer’ in PV Evolution Labs’ (PVEL) 2023 PV module reliability scorecard. It has also received the Best Sustainability Practices – Silver Category award by the Government of Telangana’s Industrial and Commerce Department.

Apraava Energy is jointly owned by the CLP Group, an investor-owned power business in Asia, and Canadian investor Caisse de dépôt et placement duQuébec (CDPQ).

 

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