Premier Energies plans to invest Rs 1,200 cr in 2 years; eyeing 3 GW manufacturing capacity

Solar equipment maker Premier Energies plans to invest around Rs 1,200 crore in the next two years to expand its annual solar cells and modules manufacturing capacity to three gigawatts (GW).

“The plan is to be a three-GW facility, and we are planning to invest another Rs 500 crore in the coming four months to add another (one) GW and again Rs 500 crore in the next financial year.