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Premier Energies
4.1
based on 313 Reviews
Company Overview
Company Locations
Working at Premier Energies
Company Summary
Specializing in solar technology, this firm manufactures solar cells and modules, addressing the demand for renewable energy solutions with innovative production.
Overall Rating
4.1/5
based on 313 reviews
2% above
industry average
Highly rated for
Work-life balance, Company culture, Job security
Work Policy
Work from office
84% employees reported
Monday to Saturday
49% employees reported
Flexible timing
60% employees reported
No travel
47% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
17 employees reported
Job/Soft skill training
13 employees reported
Health insurance
9 employees reported
Free meal
7 employees reported
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About Premier Energies
Founded in1995 (30 yrs old)
India Employee Count501-1k
Global Employee Count501-1k
India HeadquartersHyderabad / Secunderabad, Telangana, India
Office Locations
--
Websitepremierenergies.com
Primary Industry
Other Industries
Established in 1995, Premier Energies is an integrated solar cell and solar module manufacturing company. Backed by GEF Capital, a Washington DC based Private Equity Investor, Premier Energies is at the forefront of innovative technology, crafting photovoltaic products and solutions.
Premier Energies' cutting-edge manufacturing units are spread across three locations in Telangana, totaling an aggregate land area of over 44.91 acres. As of March 31st, 2024, the company boasts an annual production capacity of 2 GW for solar cells and 3.36 GW for solar modules. Additionally, another Topcon Cell line and module line, covering a combined land area of 75 acres, are currently under development. These new facilities are projected to have Cell and Module Facility.
Equipped with fully automated mono perc cell line with an annual production capacity of 2 GW, along with module lines capable of producing 3.36 GW, Premier Energies manufactures solar cells of M10 wafer size, achieving an average cell efficiency of 23.2%.
Furthermore, in line with technological advancements, Premier Energies is introducing a new TOPCon cell manufacturing line in the Fiscal Year 2024-25.
Premier Energies Photovoltaic Pvt Ltd facility spans 25 acres and is a LEED Gold Certified manufacturing facility.
Our solar modules are also subjected to reliability testing by PVEL to ensure that they meet international quality standards and performance benchmarks. 12 of our modules were recognized as “top performers” in the 2023 Module Reliability Scorecard released by PVEL, an annual assessment of solar modules from manufacturers globally.
While making earth a great place to live, Premier Energies also provides its employees a great environment, and has been certified 'GREAT PLACE TO WORK' a third year in a row, for 2024-2025.
Vision: To be an organization of high admiration.
Recognized for delivering significant value within the solar energy industry.
While doing so, we must become an amiable company to work for and also an ethical company to work with.
Premier Energies Ratings
based on 313 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
142
4
100
3
39
2
13
1
19
Category Ratings
4.0
Work-life balance
3.9
Company culture
3.9
Job security
3.8
Skill development
3.8
Work satisfaction
3.6
Salary
3.4
Promotions
Premier Energies is rated 4.1 out of 5 stars on AmbitionBox, based on 313 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Premier Energies
based on 303 reviews
4.1
Rated by 30 Women
Rated 4.1 for Company culture and 4.0 for Work-life balance
4.1
Rated by 273 Men
Rated 4.0 for Work-life balance and 3.9 for Company culture
Work Policy at Premier Energies
based on 75 reviews in last 6 months
Work from office
84%
Hybrid
12%
Permanent work from home
4%
Premier Energies Reviews
Top mentions in Premier Energies Reviews
+ 5 more
Saint-Gobain
We thank our employees for rating us 
4/5 on AmbitionBox
4/5 on AmbitionBoxJoin a company where our employee's ratings speak volumes.
Compare Premier Energies with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 313 reviews | 3.9/5 based on 484 reviews | 3.9/5 based on 530 reviews | 4.1/5 based on 1k reviews |
Highly Rated for | Work-life balance Job security Company culture |  No highly rated category | No highly rated category | Salary Job security Skill development |
Critically Rated for |  No critically rated category | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 84% employees reported | Work from office 86% employees reported | Work from office 71% employees reported | Work from office 75% employees reported |
Rating by Women Employees | 4.1 Good rated by 30 women | 3.5 Good rated by 27 women | 2.6 Poor rated by 26 women | 3.8 Good rated by 7 women |
Rating by Men Employees | 4.1 Good rated by 273 men | 3.9 Good rated by 436 men | 3.9 Good rated by 489 men | 4.1 Good rated by 1k men |
Job security | 3.9 Good | 3.5 Good | 3.7 Good | 4.1 Good |
View more
Premier Energies Salaries
Premier Energies salaries have received with an average score of 3.6 out of 5 by 313 employees.
Junior Engineer
(78 salaries)
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₹2.4 L/yr - ₹4.2 L/yr
Senior Engineer
(62 salaries)
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₹3.1 L/yr - ₹7.9 L/yr
Production Engineer
(52 salaries)
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₹2.4 L/yr - ₹4.1 L/yr
Quality Engineer
(45 salaries)
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₹1.8 L/yr - ₹5 L/yr
Store Executive
(39 salaries)
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₹3 L/yr - ₹4.5 L/yr
Graduate Engineer Trainee (Get)
(37 salaries)
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₹2 L/yr - ₹3.2 L/yr
Senior Technician
(35 salaries)
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₹2.1 L/yr - ₹5 L/yr
Maintenance Engineer
(23 salaries)
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₹2.7 L/yr - ₹4.5 L/yr
Diploma Trainee Engineer
(16 salaries)
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₹1.7 L/yr - ₹2.7 L/yr
Site Engineer
(13 salaries)
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₹1.6 L/yr - ₹4 L/yr
Premier Energies Interview Questions
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Premier Energies Jobs
Popular Designations Premier Energies Hires for
Stringer Operator
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Merchandiser
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Vice President
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Premier Energies News
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Meet Surendar Saluja, Founder - Premier Energies, A Pioneer in the India's Solar Energy Sector
- Surendar Saluja, Founder of Premier Energies, never worked as an employee and became an entrepreneur right after graduating in 1969.
- Premier Energies, founded in 1995, is a leading solar cell and module manufacturing company in India.
- Surendar's family moved to India during the Partition of 1947, settling in Ayodhya and then in Secunderabad.
- Premier Energies initially started with off-grid solar lanterns and later ventured into solar module manufacturing.
- The company's solar cell manufacturing capacity is at 2 GW, while module manufacturing capacity is at 4.13 GW.
- Premier Energies is focused on expanding capacity and technological advancements after going public.
- The Indian government aims for 500 GW of non-fossil fuel capacity by 2030, reducing reliance on Chinese imports in the solar industry.
- In FY25, Premier Energies reported a revenue increase of 140.6% to ₹1,713 crore, with an EBITDA of ₹513.7 crore.
- Chiranjeev Saluja, the MD, is confident in the company's longevity, having survived beyond the 25-year warranty period.
- Premier Energies aims to position India as 'China+1' in solar manufacturing to diversify the supply chain.
Startup Pedia | 23 Feb, 2025
BSE, Fortis Health, Blue Star Among Potential Entries In FTSE India Review
- BSE, Fortis Health, Blue Star are among potential entries in the FTSE India review.
- 360 One Wam Ltd., Blue Star Ltd., and Fortis Healthcare Ltd. are leading with possible flows of $49 million, $54 million, and $65 million respectively.
- Other companies like Apar Industries Ltd., CRISIL Ltd., Bajaj Housing Finance Ltd., IndusInd Bank Ltd., BSE Ltd., Kaynes Technologies Ltd., and Premier Energies Ltd. are also projected to experience inflows.
- The revised list of stocks for the FTSE index will be released post market hours.
Bloomberg Quint | 21 Feb, 2025
Stock Market Live: GIFT Nifty Trades Near 23,200; US-India Trade Talks, Trump’s Reciprocal Tariff In Focus
- The Nifty 50 has formed a red candle on the daily scale, indicating selling pressure at higher levels.
- Nifty support seen at 22,780, while US-India trade talks and Trump's reciprocal tariff are in focus.
- Premier Energies subsidiary receives Rs 1,234 crore order for supply of solar modules.
- India considering reducing tariffs on over 30 items to deal with higher relative tariff rates.
Bloomberg Quint | 14 Feb, 2025
Stocks To Watch: Power Grid, Welspun Enterprises, Cipla, HFCL, KEC International And More
- Power Grid Corp announced an interim dividend of Rs 3.25 apiece with a consolidated net profit decline in Q3.
- Premier Energies' consolidated net profit jumped nearly sixfold in Q4 2024.
- Welspun Enterprises approved the sale of a 19% stake and reported a 13% consolidated net profit decline in Q3.
- Cipla will invest Rs 415 crore in its South African subsidiary.
Bloomberg Quint | 4 Feb, 2025
Q3 Results Live: Power Grid, Tata Chemicals, Premier Energies, Religare To Report Earnings Today
- A total of 104 companies will declare their financial results for the October-December quarter on Monday.
- Tata Chemicals, Power Grid Corp., Divi's Laboratories, Aditya Birla Capital, and General Insurance Corp. are the major companies announcing their Q3 results today.
- Aditya Birla Capital Ltd., Doms Industries Ltd., Thomas Cook (India) Ltd., Premier Energies Ltd., and Religare Enterprises will be the other companies reporting their earnings on Monday.
- Comprehensive LIVE Coverage Of Budget 2025, Income Tax News, Stock Market Updates, Business Action & Latest News. Catch All The Action Also on NDTV Profit LIVE TV.
Bloomberg Quint | 3 Feb, 2025
Q3 Results Today: Power Grid, Garden Reach Shipbuilders, Tata Chemicals Among 100+ Firms To Declare Earnings
- Over 100 companies, including Power Grid, Garden Reach Shipbuilders, and Tata Chemicals, are set to declare their Q3 results on Feb. 3.
- Tata Chemicals, Divi's Laboratories, Aditya Birla Capital, and General Insurance Corp. are among the major companies announcing their earnings today.
- Some of the biggest names from India’s performing sectors will showcase their earnings for the October-December quarter.
- Companies such as Linc Ltd., Panasonic Energy India, Religare Enterprises Ltd., and Dredging Corporation of India Ltd. are also expected to declare their earnings today.
- Power Grid Corporation of India posted flat net profit and revenues in the quarter ended September.
- Divi’s Laboratories Q2 revenue increased 22.5% year-on-year to Rs2,338 crore.
- Tata Chemicals reported a 46% decline in its net profit YoY to Rs 267 crore in its Q2 results.
- Quarterly earnings report will be watched closely by investors as they assess the Q3 performance of companies.
- Premier Energies, Welspun Enterprises, and Doms Industries will also announce their financial results on Feb. 3.
- Aditya Birla Capital, Bomb ay Dyeing, Bannari Amman Sugars and Alembic Pharmaceuticals also among other companies announcing their earnings today.
Bloomberg Quint | 3 Feb, 2025
Premier Energies Q3 Results: Date, Earnings Call Schedule, Share Price History And More
- Premier Energies will declare its Q3 results on Feb 3, and a conference call will be held with investors and analysts to discuss the results.
- The company, which got listed on the stock exchanges in 2024, is a solar cell and solar panel manufacturer.
- Shares of Premier Energies have surged over 30% since its market debut, but have declined by 18.05% in the past month.
- In Q2 FY25, Premier Energies saw a nearly 4 times increase in net profit and a doubling of revenue from operations.
Bloomberg Quint | 1 Feb, 2025
Trump 2.0: How Potential Policy Changes Could Impact Waaree Energies, Premier Energies
- No change in IRA incentives as well as solar import tariffs by US stand to be the most beneficial for Waaree Energies and Premier Energies.
- Around 50% of Waaree Energies' FY24 revenues came from the United States.
- Three potential scenarios with the policy change: increase in solar import tariffs and reduction in IRA incentives, no change in both, or increase in import tariffs but no change in IRA incentives.
- While the policy change may have a slight negative impact initially, Waaree Energies and Premier Energies stand to benefit in the medium term due to their plans to set up local plants in the US.
Bloomberg Quint | 21 Jan, 2025
Renewable Stocks Plunge: Are Companies Now Fairly Valued?
- Renewable energy stocks have seen a sharp correction over the past one to three months.
- Stocks like Tata Power, JSW Energy, NTPC, and NHPC Ltd. are currently trading close to their five-year historical valuations.
- Wind turbine manufacturers Inox Wind and Suzlon Energy have experienced significant corrections.
- Newly listed solar module and cell makers Waaree Energies and Premier Energies have corrected in the past month.
Bloomberg Quint | 20 Jan, 2025
Premier Energies Wins Orders Worth Rs 1,087 Crore For Solar Cells And Modules
- Premier Energies' subsidiaries, including Premier Energies Global Environment, secured Rs 964 crore for solar modules and Rs 123 crore for solar cells, with deliveries beginning January 2025.
- Premier Energies strengthens its position as India’s second-largest solar player with Rs 1,087 crore orders and plans for a 4 GW manufacturing facility in Hyderabad.
- Premier Energies manufactures integrated solar cells and solar panels and is the second-largest player in India as per capacity.
- Premier Energies reported strong financials in the quarter ended September, with net profit rising nearly three-fold year-on-year to Rs 206 crore versus Rs 53 crore in the year-ago period.
Bloomberg Quint | 25 Nov, 2024
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Premier Energies FAQs
When was Premier Energies founded?
Premier Energies was founded in 1995. The company has been operating for 30 years primarily in the Power sector.
Where is the Premier Energies headquarters located?
Premier Energies is headquartered in Hyderabad / Secunderabad, Telangana.
How many employees does Premier Energies have in India?
Premier Energies currently has more than 900+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Premier Energies based on the number of reviews submitted on AmbitionBox.
Does Premier Energies have good work-life balance?
Premier Energies has a work-life balance rating of 4.0 out of 5 based on 300+ employee reviews on AmbitionBox. 77% employees rated Premier Energies 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Premier Energies work-life balance reviews for more details
Is Premier Energies good for career growth?
Career growth at Premier Energies is rated as moderate, with a promotions and appraisal rating of 3.4. 23% employees rated Premier Energies 3 or below, while 77% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Premier Energies promotions/appraisals reviews for more detailed insights.
What are the pros of working in Premier Energies?
Working at Premier Energies offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, company culture and job security, based on 300+ employee reviews on AmbitionBox.
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