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UL Issues World’s First IEC CB 2016 Certification for Solar PV Modules to India Customer Premier Energies.

Bengaluru, Karnataka:

UL, a leading global safety science company, announced today that it completed solar photovoltaic (PV) module testing and certification for its India-based customer Premier Energies as per the latest International Electrotechnical Commission (IEC) standards. This is the first certificate of its kind issued in the world following the revision of the IEC Standards in 2016. This IEC certification enables Premier Energies to access markets in Latin America, Europe and Africa, where adoption of the standards is critical to increase market penetration.

The new IEC standards – IEC 61215 and IEC 61730 – were revised in March 2016 to reflect the emerging requirements of the solar industry in the face of evolving technology and dramatic variations in climatic and other environmental conditions around the world. The latest edition of the standards differs from its predecessor in multiple ways, signaling changes in the test procedure, sequence, duration and methodology for evaluating structural safety and performance of solar modules manufactured with crystalline silicon and other thin-film technology.

For instance, the new standards call for an increase in cycle time from 15 days to 120 days to account for the rising UV radiation in the atmosphere. IEC has also introduced a requirement that classifies PV modules as per their ability to perform at varying degrees for outdoor pollution to better assess panel damage. Finally, the criteria for visual inspection are more stringent in the 2016 revision as are the requirements for functioning safely at higher voltages.

Commenting on the accreditation, Mr. Suresh Sugavanam, UL’s vice president and managing director for South Asia and Sub-Saharan Africa said, “With over 40 years of expertise in the solar field, UL leads the market in catering to the sector. As one of the earliest organisations accredited by the IEC, we have been at the forefront of expanding our capabilities and expertise to service our customers for meeting the changing requirements. Compliance with IEC standards are imperative to gain increased market share around the globe. India has a significant share of PV module manufacturers in India who cater to the global market and they can gain competitive advantage by partnering with us to gain the IEC certification to ensure wider market entry and faster time to market.”

Mr. Surender Pal Singh Saluja, Chairman of Premier Energies said, “We are proud to have partnered with UL for IEC 61216:2016 certification for solar-panels. As one of the pioneers in Indian PV Industry since 1995, Premier Energies has always given the highest priority to quality of products churned out from our state-of-the-art automated manufacturing facilities. We believe in partnering with reputed, accredited and trusted testing partner is the need of the hour to ensure our products adhere to the IEC standards and is endorsed by a globally reputed testing and certification body. This certification opens up avenues of opportunities for us in over 50 countries.”

Priyadarshan

Priyadarshan Bhatewara, CFA

Chief Financial Officer

He has 15 years of experience in Corporate Finance, Project Finance, Project Management, Business Development, and Financial Analysis of Climate Change Projects. He has worked in Hydro Power, Thermal Power, Wind Power and Solar Power projects. He has expertise in closing Investment deals, Management Information systems, Data Analysis, Financial Modelling. He has worked with companies like Azure Power, ReNew Power, Asian Development Bank, Rattan India, SNC Lavalin and Mott MacDonald. Priyadarshan has been awarded Zee Yuva Award (2017) for best practises in water conservation, Water Crusader Award (2017) by Hindustan Unilever and Energy Conservation Award (2016) by Vigyan Bharti. He holds a Bachelor in Engineering from VJTI, Mumbai, M.Tech from IIT Delhi and has earned CFA Charterholder from CFA Institute, USA.

Kasturi Roy

Advisory Team

Ms. Kasturi Roy Choudhury is on the Advisory team at Premier Energies. She has over 3 decades of professional experience with ‘Consultancy for Change and Growth’ and specializes in the areas of Management Consultancy and Corporate Training. At CFCG, Kasturi works as a Senior Consultant anchoring key client relationships & accountable for deliverables.

In her personal capacity, Kasturi is associated with social organizations like Jeevika Development Society, Garbage Free India & Sanjeevani Life beyond Cancer. Her distinguished academic career includes:PGDM from IIM Ahmedabad (1988), DBF from ICFAI, Hyderabad (1990), BE (Electrical) from Jadavpur University (1986).

SURENDER PAL SINGH

Founder & Chairman

A visionary, Surender Pal Singh is an eminent energy expert and accomplished business leader with over 40 years of rich industrial experience. His work states achievements in both conventional as well as non-conventional power projects. Known for his resourcefulness and deep knowledge on Solar, he has been conferred with national and international awards such as the International Project of The Year from Renewable Energy World, USA 2013, National Awards for Excellence in Renewable Energy for Rural Electrification from World Federation Of CSR Professionals, 2015, Udyog Bharti & Udyog Patra awards from the Vice President of India. A mechanical engineering graduate from Dharwad University, today he oversees operations and finance of the organization in addition to mentoring the young leaders.

CHIRANJEEV SALUJA

Founder & Managing Director

He is one of India’s 100 Most Influential Solar Business Leaders and a visionary who transformed the company from a solar enterprise to an integrated renewable energy solutions provider. Steering the company from a 5 MW production capacity in 1995 to 500 MW in 2018, he is now leading Premier Energies towards growth by expanding the production capacity to 750 MW solar cells and 1.2 GW solar modules.

He is a Founding Member of Premier Solar Power Tech and has built over 650+ MW of EPC and 130 MW of IPP. He serves as a Director on board for over 10 companies in the Solar Manufacturing and IPP space and the All India Solar Industries Association (AISIA). He is a member of the Governing Council of Indian Solar Manufacturers Association (ISMA). He holds a bachelor’s degree in Engineering from Osmania University, Hyderabad.

SUDHIR MOOLA

Executive Director

A distinguished engineer from JNTU, Hyderabad; an MS from Colorado University and an MBA from ISB, Sudhir has worked with PwC, USA before taking on a directorial mantle at Premier Energies. He heads the EPC business, as well as the construction of our new state of the art manufacturing facility. Sudhir is actively involved in all day-to-day operations of the organization, from managing external relations to defining policies, supervising department heads, and working on strategies for growth and business expansion.

VISHNU HAZARI

Chief Operating Officer

He brings over 14+ years of rich consulting experience in BFSI, Pharma and Healthcare sectors, having worked at JP Morgan Chase, Anthem, Infosys, Cognizant and Deloitte. He holds a MS (Mechanical Engineering) from Western Michigan University. At Premier Energies, Vishnu is responsible for managing the entire spectrum of operations of the manufacturing division.

REVATHI ROHINI B

Director & CFO-designate

She has served the Government of Telangana for over 30 years and retired as an Additional Commissioner of Commercial Taxes. A graduate in Agricultural Sciences, she brings in with her a rich, on-ground experience in indirect taxation and government regulatory affairs. A trailblazer and an expert in legal and commercial taxes, she now leads all financial and government related matters of the organization.

NIYATHI MADASU

Director

She comes in with over 16 years of experience in Talent Management, Leadership Consulting & Organization Development. She is proficient in a variety of methodologies including leadership framework development, psychological profiling & assessment, and design of talent management frameworks.

Niyathi holds an MBA in HR from the Symbiosis Centre for Management and Human Development, Pune and an executive certification in organization development from ISB Hyderabad. She leads People Operations for the group and double hats as a member of the marketing & branding team. She recently joined the elite Business World People 40 under 40 2020 list.

Jasveen Saluja

Director

She’s been a serial entrepreneur and comes in over a decade of experience in running her own company specialising in interior design. With an astute sense of business, she is responsible for business development, procurement, project planning and government liaisoning. She has a degree in commerce and fashion designing.

Dhruv Sharma

Advisory Team

Mr. Dhruv Sharma, has been associated with Solar Manufacturing in India since 2008. As the CEO of Jupiter Solar, he has played a pivotal role in the transformational journey of the company. He is responsible for leading the development and execution of the company’s vision, strategy and plans.

His understanding of the business has been instrumental in evolving growth strategies and significantly contributed to implementation of the group’s expansion and diversification into solar power sector.

Additionally, as Chief Business Manager at Premier Energies, he holds the responsibility of leading the foray of the Company into Solar cell manufacturing, focusing on Technology, Vendor relationships, Project management, Organization building and Key Account Marketing.