Premier Energies Forms JV with Nuevosol to Establish 36,000 MT Aluminium Extrusion Plant in Telangana

Premier Energies Ltd, an integrated solar cell and module manufacturer, has entered into a joint venture (JV) with Hyderabad-based Nuevosol Energy, a manufacturer of solar PV mounting structures. The partnership aims to manufacture aluminium-based solar module frames and other value-added components critical to solar modules.

Premier Energies will hold a majority stake in this JV, which will set up a 36,000 MT/year aluminium extrusion and anodizing facility in Seetharampuram, Telangana, to support Premier Energies’ solar manufacturing operations. The facility is expected to begin commercial operations in FY 2027.

“This JV enhances our control over module component quality, ensures supply chain reliability, and supports the broader Make-in-India initiative. The JV is well-positioned to meet growing industry demand and contribute to India’s renewable energy goals in a rapidly expanding market”

said Chiranjeev Saluja, Managing Director of Premier Energies

“This joint venture marks an exciting new chapter for Nuevosol as we collaborate with Premier Energies to drive localized manufacturing of critical solar components. By combining our engineering expertise with Premier’s scale and vision, we aim to deliver high-quality, precision-engineered aluminium frames that strengthen India’s solar manufacturing value chain and reduce reliance on imports,”

added Himamsu Popuri, Managing Director and CEO of Nuevosol Energy.