The collaboration will focus on optimising wet chemical processes for N-Type solar cells and spearheading the development of wet chemistry solutions for cutting-edge silicon/Perovskite Tandem technology, Premier Energies said in an exchange filing.
“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,” it said.
“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,” said Sudhir Reddy, Director and Chief Strategy Officer at Premier Energies.
The company’s Chief Production Officer, Chandra Mauli Kumar said that this strategic alignment is a key opportunity to grow alongside the dynamic Indian solar manufacturing ecosystem.
“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,” said RENA Technologies CEO Peter Schneidewind.
Among the four analysts that have coverage on Premier Energies, one each have a ‘Buy’ and a ‘Hold’ rating, while two have a ‘Sell’ rating.
Shares of Premier Energies are currently trading 2.69% higher at ₹916.95. The stock still remains below its post-listing high of ₹1,388.
