Premier Energies Limited — Updates, 17-05-2025: Press Release

Premier Energies has formed a joint venture with Taiwan's Sino-American Silicon Products Inc. to establish a 2 GW per annum solar wafer manufacturing plant in India. With a 74:26 ownership split, this JV marks a strategic backward integration into solar wafer production, enhancing local manufacturing capabilities. This expansion strengthens Premier's foothold in the renewable energy sector, improves operational resilience, and positions the company to benefit from growing domestic solar demand.