Premier, SAS to Build Rs 20 Bn Solar Wafer Plant in India

23 May 2025 CW Team

Premier Energies Ltd, a leading integrated solar cell and module manufacturer, has entered into a 74:26 joint venture with Taiwan鈥檚 Sino-American Silicon Products Inc. (SAS), the parent company of GlobalWafers鈥攖he world鈥檚 third-largest producer of semiconductor silicon wafers.

The partnership will establish a state-of-the-art 2 gigawatt per annum manufacturing plant in India. The facility will process polysilicon ingots into silicon wafers used in photovoltaic (PV) cells and modules.

This collaboration brings together Premier Energies鈥� high-volume production capabilities and SAS鈥檚 global expertise in silicon wafer technology, aiming to boost domestic solar manufacturing in line with India鈥檚 Make-in-India initiative.

鈥淭his marks our backward integration into solar wafers,鈥� said Chiranjeev Saluja, Managing Director of Premier Energies. 鈥淥ur joint venture with SAS will enable high-quality, locally manufactured solar wafers and reduce dependence on imports.鈥�

Doris Hsu, Chairperson and CEO of SAS and GlobalWafers, added, 鈥淭his partnership will reinforce a vital part of the solar value chain and meet rising demand in India and global markets while enhancing supply chain resilience.鈥�

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