Premier Energies raises INR 200 crore from GEF Capital
The Indian solar manufacturer currently has 750 MW of cell and module factory in Hyderabad and plans to more than triple this capacity with the addition of 2 GW mono PERC. The capacity augmentation is planned over the next two years with an investment of INR 1,200 crore. The equity capital from GEF will support the expansion.
ReNew Power to acquire 359 MW of solar, hydropower assets
The Haryana-based developer has agreed to acquire 260 MW of operating solar projects in Telangana and a 99 MW hydropower project in Uttarakhand for around INR 28.5 billion (US$ 384 million).
Premier Energies unveils new solar facility
The Indian manufacturer has opened a new facility in Telangana with an annual cell and module production capacity of 750 MW.
Premier Energies starts production at solar factory
The Indian solar manufacturer has started trial production of high-efficiency solar cells at its new Telangana site. The fab can produce 19.2%-efficient multi-crystalline cells using MCCE textured black silicon, as well as making 22.5%-efficient mono PERC products.
Module cleaning system sought for NTPC’s 100 MW floating solar
The floating solar plant, being set upon the raw water reservoir area at Ramagundam Thermal Power Plant in Telangana, is divided into 40 discrete array blocks of 2.5MW (AC) each. The module cleaning system is to be designed for each 2.5 MW network.
Visaka forays into solar-powered EV charging business
Telangana-based Visaka Industries will set up electric vehicle (EV) charging stations powered by its ATUM integrated solar roof. According to the company, the ATUM solar roof, with PV panels integrated on cement boards, can generate 40% more clean power in the same given space than any other solar solution.
Adani Green to buy Sterling & Wilson’s 75 MW Telangana solar assets
Adani Green Energy has signed an agreement with Sterling & Wilson to acquire its 75 MW of operating solar projects for around INR 446 crore. The projects are located in Telangana.
Adani Green to acquire Canadian developer SkyPower Global’s 50 MW solar asset in India
The Indian developer has signed an agreement with the Canadian developer to acquire its 50 MW Telangana solar project at an enterprise value of around INR 317 crore.
Roshan Energy signs lithium battery production agreement with US firm
The Telangana-headquartered lithium-iron-phosphate (LFP) battery manufacturer has teamed up with Las Vegas-headquartered Barrel Energy to develop and manufacture lithium batteries for electric vehicles. The joint venture will establish factories in India and North America.
New Premier solar factory to begin production by April
Indian solar manufacturer Premier Energies is setting up a factory in Telangana with an annual cell and module production capacity of 750 MW. The fab will be equipped to produce large-format panels with wafer sizes up to 210mm.
