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Premier Energies
4.1
based on 329 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 329 reviews
5% above
industry average
Highly rated for
Company culture, Job security, Work-life balance
Work Policy
Work from office
83% employees reported
Monday to Saturday
48% employees reported
Flexible timing
61% employees reported
No travel
48% 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
View all benefits
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 329 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
150
4
104
3
43
2
13
1
19
Category Ratings
3.9
Company culture
3.9
Job security
3.9
Work-life balance
3.8
Skill development
3.8
Work satisfaction
3.6
Salary
3.5
Promotions
Premier Energies is rated 4.1 out of 5 stars on AmbitionBox, based on 329 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 319 reviews
4.2
Rated by 35 Women
Rated 4.1 for Company culture and 4.0 for Work-life balance
4.1
Rated by 284 Men
Rated 3.9 for Work-life balance and 3.9 for Company culture
Work Policy at Premier Energies
based on 82 reviews in last 6 months
Work from office
83%
Hybrid
13%
Permanent work from home
4%
Premier Energies Reviews
Top mentions in Premier Energies Reviews
+ 5 more
Compare Premier Energies with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 329 reviews | 3.9/5 based on 1.9k reviews | 4.1/5 based on 1.1k reviews | 4.2/5 based on 1.2k reviews |
Highly Rated for | Work-life balance Job security Company culture | Skill development Job security Salary | Salary Job security Skill development | Job security Skill development Company culture |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 83% employees reported | Work from office 80% employees reported | Work from office 73% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 4.2 Good rated by 35 women | 3.8 Good rated by 34 women | 4.0 Good rated by 8 women | 3.7 Good rated by 86 women |
Rating by Men Employees | 4.1 Good rated by 284 men | 3.9 Good rated by 1.8k men | 4.1 Good rated by 1.1k men | 4.3 Good rated by 1.1k men |
Job security | 3.9 Good | 3.9 Good | 4.1 Good | 4.2 Good |
View more
Premier Energies Salaries
Premier Energies salaries have received with an average score of 3.6 out of 5 by 329 employees.
Junior Engineer
(82 salaries)
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₹1.4 L/yr - ₹4.2 L/yr
Senior Engineer
(62 salaries)
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₹3.1 L/yr - ₹7.9 L/yr
Production Engineer
(50 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
Graduate Engineer Trainee (Get)
(41 salaries)
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₹2 L/yr - ₹3.5 L/yr
Store Executive
(39 salaries)
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₹3 L/yr - ₹4.5 L/yr
Senior Technician
(38 salaries)
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₹2.1 L/yr - ₹4.8 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 - ₹2.6 L/yr
Deputy Manager
(15 salaries)
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₹7 L/yr - ₹14.3 L/yr
Premier Energies Interview Questions
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Premier Energies Jobs
Popular Designations Premier Energies Hires for
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Premier Energies News
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Solar Stocks Under Bearish Clouds — Five Factors That Can Hurt Waaree Energies, Premier Energies
- Higher competitive intensity and threat of oversupply are identified as factors that may negatively impact Waaree Energies and Premier Energies in the future.
- Both companies' stocks have seen significant declines since their market debuts, with Waaree Energies down by 22% and Premier Energies by 32% in 2025.
- Factors that could act as headwinds for Waaree Energies and Premier Energies include rise in competitive intensity and threat of oversupply.
- India's solar manufacturing sector is experiencing major capacity expansions, with Adani Enterprises and Reliance Industries expected to gain market share.
- Bernstein Research highlights the risk of global supply glut and overcapacity in the solar module space, affecting the earnings of both companies.
- The export story for Indian solar manufacturers, driven by US demand, faces challenges such as tax rebates, higher tariffs, and increased domestic capacity in the US.
- Manufacturers in the solar industry struggle with limited pricing power and difficulty passing on increased costs amidst stiff competition.
- While Waaree Energies and Premier Energies have shown improved financial performance, maintaining consistent returns becomes challenging due to rising competition.
- Analysts recommend a cautious approach towards Waaree Energies and Premier Energies, with some having 'sell' ratings on the stocks due to industry challenges.
- Integration into different stages of the solar value chain and the rapid pace of backward integration by competitors present survival challenges for both companies.
Bloomberg Quint | 4 Apr, 2025
Stock Market Today: All You Need To Know Before Going Into Trade On April 4
- The NSE Nifty 50 closed 0.35% lower at 23,250.10, and the BSE Sensex ended 0.42% down at 76,295.36 on Thursday.
- Market indices turned red after US President Donald Trump imposed heavy tariffs on India and globally.
- Foreign portfolio investors were net sellers, offloading equities worth Rs 2,806 crore, while domestic institutional investors bought equities worth Rs 221.5 crore.
- Stocks to watch include Mazagon Dock Shipbuilders, Bajaj Finance, HDFC Bank, Vedanta, Avenue Supermarts, L&T Finance, and others.
- Insider trades involve purchases and sales by promoters of companies like NRB Bearings, Wardwizard Innovations, and Gensol Engineering.
- Trading tweaks include price band changes, ex-dividend listings, securities included/excluded from ASM framework, and F&O cues.
- Currency update: The Indian rupee strengthened against the US dollar after initial losses from Trump's tariffs.
- Nifty April Futures closed down by 0.48% at 23,325, with maximum call open interest at 25,400 and put open interest at 23,000 for April 10 Expiry.
- Notable business updates include various companies reporting revenue, production, and sales figures, such as Adani Wilmar, Premier Energies, Nestle India, and others.
- Additionally, companies like Reliance Industries, Jio Financial Services, Surya Roshni, Allcargo Logistics, and others have made significant announcements.
Bloomberg Quint | 4 Apr, 2025
Stock Recommendations Today: Tata Consumer, Hindalco, UPL, Star Health On Brokerages' Radar
- Tata Consumer Products Ltd., Hindalco Industries Ltd., UPL Ltd., and Star Health and Allied Insurance Co. are in focus for brokerages today.
- Bernstein anticipates a decrease in earnings growth for companies post fiscal 2027 due to capacity expansion and supply surplus.
- JPMorgan emphasizes uncertain macro impact in Q4 of the prior fiscal, affecting FY2026 projections.
- JPMorgan's IT sector analysis foresees modest growth in FY2026, with adjusted revenue forecasts for Tier 1 and Tier 2 companies.
- Bernstein's coverage of Solar PV sector includes Waaree Energies Ltd. and Premier Energies Ltd. with 'underperform' ratings.
- Jefferies expects accelerated cement volume growth in Q4 and hints at possible price hikes in April to counter petcoke fuel cost increases.
- Morgan Stanley notes strong performance in four-wheeler segment in March auto sales and rising competition in the electric vehicles market.
- Goldman Sachs upgrades Tata Consumer to 'buy' with an increased target price, projecting strong EPS growth till FY2027 driven by innovation.
- HSBC retains 'buy' rating on UPL, forecasting value creation amidst recovery and deleveraging, expecting the company to meet FY25 EBITDA guidance.
- JPMorgan sustains 'overweight' rating on Hindalco, with optimistic outlook on growth plans and cost savings initiatives.
- Nuvama upgrades Star Health to 'buy', highlighting corrective actions to reduce loss ratios and improve operational efficiency.
Bloomberg Quint | 2 Apr, 2025
Solar Market Will Eventually Be A Place For Big Players, Says Bernstein
- Bernstein analysts have initiated coverage on Waaree Energies Ltd. and Premier Energies Ltd. with an 'underperform' rating, stating that the solar market will eventually be a place for big players.
- They see earnings growth moderating for the two companies after FY27 due to capacity expansion and supply glut in the solar PV space.
- Backward integration companies like Reliance Industries Ltd. and Adani Enterprises Ltd. are expected to lead in the solar market, with bigger competitors adding competitive pressure to Waaree and Premier.
- Waaree Energies is favored over Premier Energies due to its potential for backward integration into ingot-wafer production and a substantial international order book.
Bloomberg Quint | 2 Apr, 2025
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
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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 3.9 out of 5 based on 300+ employee reviews on AmbitionBox. 77% employees rated Premier Energies 4 or above, while 23% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. 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 fairly well, with a promotions and appraisal rating of 3.5. 77% employees rated Premier Energies 4 or above, while 23% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. 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 company culture, job security and work life balance, based on 300+ employee reviews on AmbitionBox.
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