Established in 1995, Premier Energies has become India's second-largest integrated solar cell and solar module manufacturing company as of March 31, 2023. Their manufacturing units are spread across five locations in Hyderabad, Telangana, India, with annual installed capacity of 2 GW for solar cells and 3.36 GW for solar modules. Seeing healthy demand on the horizon, the company in order keep up with its market shares has taken steps toward increase their annual installed capacity for solar modules by commissioning a 1,034 MW solar module line in Unit V, and a 1,000 MW TOPCon solar cell line in Unit II.