Premier Energies plans a significant Rs 11,000 crore expansion to more than double its solar cell and module manufacturing capacity. The company aims to increase annual cell capacity to 10.6 GW and module capacity to 11.1 GW, adding 7.4 GW of cell capacity in Andhra Pradesh and 6 GW of module capacity in Telangana. This expansion, driven by growing domestic demand and supported by its IPO, IREDA debt, and internal accruals, also includes backward integration into ingot and wafer manufacturing.