The company was originally incorporated as a private limited company with the name “Premier Solar Systems Private Limited” under the provisions of the Companies Act, 1956, at Hyderabad, India, pursuant to a certificate of incorporation dated April 3, 1995, issued by the Registrar of Companies, Andhra Pradesh. Subsequently, pursuant to a Board resolution dated May 6, 2019 and a resolution passed at an extraordinary general meeting dated July 25, 2019, the name of the company was changed to “Premier Energies Private Limited” and a fresh certificate of incorporation dated August 6, 2019 was issued by the Registrar of Companies, Telangana at Hyderabad (RoC). Upon the conversion of the company into a public limited company, pursuant to a Board resolution dated September 3, 2019 and a Shareholders’ resolution dated September 4, 2019, the name of the company was changed to “Premier Energies Limited” and a fresh certificate of incorporation dated September 25, 2019 was issued by the RoC.

The company is primarily an integrated solar cell and solar module manufacturer. Its business operations include: the manufacturing of solar photovoltaic (PV) cells, in particular bifacial monocrystalline PERC cells using the M10 wafer size in a 182mm x 182mm format which may be assembled into solar modules; the manufacturing of solar modules using different module technologies such as monocrystalline PERC and TOPCon, cell sizes and quantity, power output ranges and formats such as monofacial and bifacial. It also manufactures custom made modules for specific applications; the sale of customizable and ad hoc solar-related products depending on customer requirements such as customized bespoke solar tiles; the execution of EPC projects which include end-to-end solar services for ground-mounted, rooftop, floating, canal bank, canal top and hybrid power generation systems; the provision of O&M services with respect to EPC projects executed by the company; and independent power production through its solar power plant in Jharkhand, India. 

Business area of the company

The company manufactures integrated solar cell and solar panel. The company's product portfolio includes Cell, Solar Module, Monofacial modulesBifacial modules, EPC Solutions and O&M Solutions. The company has five manufacturing units, all of which are situated in Hyderabad, Telangana, India.  

Awards, accreditations and recognition

• 2007: Awarded Best Export Performance Award by All India Manufacturers’ Organization.
• 2013: Awarded Best Solar Project, Project of the Year, for solar electrification of 57 remote villages, by Renewable Energy World Magazine.
• 2013: Won Green Business at SMEs Excellence Award, 2013 by Assocham India.
• 2014: Awarded India SME Excellence Award for Export Sector from Small and Medium Business Development Chamber of India.
• 2015: Awarded National Awards for Excellence in Renewable Energy for Rural Electrification by the World Federation of CSR Professionals.
• 2016: Awarded Best Performance Bronze for the category ‘Productivity’ by Luminous.
• 2018: Awarded India’s Best Solar PV Module Manufacturer and Solar Power Developer for Outstanding contribution to the Nation in the development of the renewable energy sector at CBIP Awards.
• 2022: Awarded Best Sustainability Practices – Sliver at Industry Awards by Industries and Commerce Department, Government of Telangana.
• 2023: Awarded Best ESG Performance in Responsible Sourcing by Transformance at the 3rd Annual ESG Summit and Awards.
• 2023: Awarded Best ESG Performance in Product Stewardship (Water) by Transformance at the 3rd Annual ESG Summit and Awards.
• 2023: Awarded Leading RE Manufacturers Award at the 7th Renewable Energy India Awards.
• 2023: Awarded Excellence in Sustainability Award at the 7th Renewable Energy India Awards.
• 2024: Awarded Environmental Responsibility Initiative of the Year award at the Electronics Sector Skills Council of India Awards for Eminence.
• 2024: Awarded Winner – Best ESG Initiative to Improve Diversity and Inclusion at the 5th Annual ESG Summit and Awards.
• 2024: Awarded Best Workplaces in Energy, Oil and Gas India 2024 by Great Places to Work.
• 2024: Presented Top Performer 2024 in the Kiva PVEL PV Module Reliability Scorecard. 

Major events and milestones

• 2011: Established a solar cell line with an annual capacity of 75 MW and a solar module line with an annual capacity of 100 MW in Unit I.
• 2017: Expanded the installed capacity of the solar module line in Unit I by 370 MW.
• 2021: Established a fully integrated 500 MW capacity solar cell line and a 750 MW capacity solar module line in Unit II.
• 2022: Expanded the installed capacity of the solar cell and module lines in Unit II by 250 MW and 150 MW, respectively.
• 2023: Established a solar cell line in Unit III with an annual capacity of 1,250 MW.
• 2023: Established a solar module line in Unit IV with an annual capacity of 1,600 MW.
• 2023: Expanded the installed capacity of the solar module line in Unit II by 500 MW.
• 2024: Established a solar module line in Unit V with an annual capacity of 100 MW.
• 2024: Expanded the installed capacity of the solar module line at Unit V by 1,034 MW.