Rayzon Solar Claims To Be On Course To Add 1.2 GW Capacity By 2021 End

Rayzon Solar Claims To Be On Course To Add 1.2 GW Capacity By 2021 End Rayzon Solar Forms Joint Venture with Swiss-German Firm Luxra Group

Gujarat-based solar panel manufacturer RAYZON SOLAR claims that its will complete expansion of its production capacity by 1.2GW by the end of 2021. That will take its total operational capacity to 5 GW, placing it among the  top 10 manufacturers in India. This production capacity with ultramodern production technology having Half cut cell bussing system, Multi Busbar Stringer is being brought from well-known machinery manufacturer; Stringer from Wuxi Lead and other automation from GaoRun, Visual, ASIC-PY and HSPV in association with Cliantech Solutions India.

Founded in 2017, Rayzon Solar is a solar photovoltaic module manufacturer having a 300MW state of the art facility in Vibrant state Gujarat, India. the firm had started with a small 40 MW line, expanding rapidly since then to its present size of 300 MW.

The move to add 1.2GW capacity this year will certainly rank as one of the more audacious moves in terms of existing base, among solar manufacturers. With a strong tariff protection in place from April next year, many solar panel manufacturers hope to have expansions in place by then to service domestic demand.

The firm’s co-founder and Managing Director, Hardik Kothiya adds that “Since the inception, our vision has been clear- to make our future more vibrant and sustainable by delivering solutions that help minimise the environment challenges we face today. Our team has successful delivered high quality solar panels in the market by providing effective solutions to cope up with the challenge.” If we talk about overall production capacity, then existing 300MW is operational and further 1.2GW will be added hence the total capacity would be 1.5GW which is one of the biggest set up in India after few named players. We are also committed to maintain our leadership position in the manufacturing of solar products, delivering higher efficiency to the global photovoltaic industry.

“When our first setup of 40MW was executed, we had set our milestone to achieve 1GW by 2024.” Chirag added.

Besides the individual move, the expansion also marks an even bigger role for plants operating out of Gujarat, as even Renew Power has picked the state for its greenfield manufacturing plant. The plans of Reliance Industries to the mix simply stamp the state as the key manufacturing hub for solar equipment in India in the coming years.

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Prasanna Singh

Prasanna has been a media professional for over 20 years. He is the Group Editor of Saur Energy International