🌱 What Happened
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In an inspiring display of ingenuity, an Indian startup, Premier Energies, based in Hyderabad, India, recently made headlines by launching an advanced solar module manufacturing plant. This plant, inaugurated on 29th July 2021, is not just any ordinary module factory; it’s India’s first fully automated, high-efficiency manufacturing line. This facility can create modules capable of producing up to 750MW per year, a significant leap towards sustainable energy production in India.
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💡 Impact
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- The plant’s increased efficiency means lesser modules are needed to produce the same amount of electricity, leading to cost savings and reduced per-unit energy consumption.
- The plant will also contribute to India’s ambitious goal of achieving 450GW of renewable energy by 2030.
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📍 The Bigger Picture
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This initiative by Premier Energies marks a giant stride in the right direction for India, as the country moves towards sustainable and renewable sources of energy. India has the highest annual average solar-power potential among countries. The new plant will significantly help in tapping into this potential, paving the way for a greener, cleaner future for the country and the world.
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The story of Premier Energies is a testament to how technology can be an enabler of sustainable growth and is an inspiration for all tech startups. With innovation and sustainability at its core, Premier Energies is setting the benchmark for other industries across the globe. To learn more about this inspiring story, visit source.