Premier Energies and RENA Technologies Announce Strategic Technology Partnership for Next-Generation Solar Cell Innovation

Premier Energies Limited, one of India's largest integrated solar cell and module manufacturers, and Germany-based RENA Technologies GmbH, a global leader in wet chemical process equipment, have entered into a strategic technology partnership focused on process innovation for N-Type solar cells and development of wet chemistry for nextgeneration tandem solar cell technologies.

This landmark collaboration brings together Premier Energies' large-scale manufacturing capabilities with RENA's advanced wet chemistry and equipment solutions. Together, the companies aim to push the frontiers of high-efficiency solar cell manufacturing, targeting breakthroughs in cell performance, production throughput, and sustainable manufacturing processes.

Sudhir Reddy, Director and Chief Strategy Officer, Premier Energies, commented: "This partnership positions Premier at the forefront of the N-Type efficiency curve and paves the way for our advancement into tandem cell development-an essential step in the evolution of solar cell technology."

Chandra Mauli Kumar, Chief Production Officer, Premier Energies, added: "For India to compete at the cutting edge of solar technology, closer collaboration with equipment manufacturers is critical. This partnership will help us achieve higher throughput, better efficiencies, and a lower manufacturing carbon footprint."

Further, this strategic alignment is seen as a key opportunity to grow alongside the dynamic Indian solar manufacturing ecosystem.

Peter Schneidewind, CEO, RENA Technologies GmbH, said: "This is a great opportunity for RENA to work closely with a leading Indian cell manufacturer using our latest tools to deliver better products, reduce consumables, and lower the carbon footprint of solar cell production. We look forward to optimizing outcomes together."

Sebastian Kress, COO, RENA Technologies, emphasized: "This partnership is a key strategic step in ensuring RENA's proximity to the dynamic Indian solar market and in strengthening our leadership as a global equipment supplier and technology expert."

Shares of Premier Energies Limited was last trading in BSE at Rs. 892.10 as compared to the previous close of Rs. 851.60. The total number of shares traded during the day was 32985 in over 1306 trades.

The stock hit an intraday high of Rs. 895.00 and intraday low of 868.60. The net turnover during the day was Rs. 29062167.00.

Source : Equity Bulls

Keywords

PremierEnergies INE0BS701011 ElectricalEquipment RENATechnologiesGmbH TechnologyPartnership