Archive · 27 Jun 2025
Premier Energies Launches Solar Line, Hitachi Energy in Deal
Two companies are making big moves in the energy world.
Premier Energies is making more solar cells in India, which helps make clean energy.
They have a new factory line that makes solar cells even better.
Hitachi Energy, another company, is helping to improve India's power grid by supplying special transformers.
These transformers will make sure the power grid works well and can handle lots of energy, like enough to power a bunch of homes.
Premier Energies has commissioned a new 1.2 GW TOPCon solar cell manufacturing line in Hyderabad, increasing its production capacity.
The new line features a 16-busbar architecture, enhancing power density and energy yield.
Premier Energies' stock closed higher, while Hitachi Energy shares also gained due to a deal with Power Grid.
Hitachi Energy will supply 30 units of 765 kV transformers to Power Grid Corporation of India.
The transformers will enhance the power grid's security and efficiency.
- Who
- Premier Energies, Hitachi Energy, and Power Grid Corporation of India Limited.
- What
- Premier Energies commissioned a new solar cell manufacturing line and Hitachi Energy secured a deal to supply transformers.
- When
- No specific date mentioned for Premier Energies's commission. Hitachi Energy's deal happened recently.
- Where
- Premier Energies in Hyderabad, and the transformers are for the Indian power grid.
- Why
- Premier Energies is expanding solar cell production for renewable energy. Hitachi is providing transformers to enhance the power grid's capacity.
- Premier Energies Capacity Increase
- From 2 GW to 3.2 GW
- Premier Energies Stock Change
- Closed 2.44% higher
- Hitachi Energy Stock Change
- Gained 2.27% in early deals
- Hitachi Energy Transformers
- 30 units of 765 kV
- Transformer Benefit
- Transmit power equivalent to 30 million households
