Rayzon Solar Eyes 2500 MW in India, 500 MW Capacity in USA

Rayzon Solar Forms Joint Venture with Swiss-German Firm Luxra Group

Solar manufacturing firm Rayzon Solar claims to have become the first Indian firm to manufacture and produce solar panels in the USA. Currently on an expansion spree, Rayzon Solar has set sights on augmenting its manufacturing capacity to 2500 MW in India and to start manufacturing of 500 MW in the USA. Under its expansion plan, Rayzon is eyeing 1000 MW to be added in India, which will increase the total capacity to 2500 MW. This feat, maintains the firm will position Rayzon Solar amongst the top five solar module manufacturers in India and the first Indian company to manufacture solar panels in USA.

As per Rayzon Solar, which has presence across 17 countries, is ranked amongst the top ten solar panel manufacturers in India. The firm, that began with a solar panel manufacturing unit, with a capacity of 40 MW in 2017, has Chirag Nakrani along with Hardik Kothiya as its Founder and Managing Director respectively.

 Gradually, the capacity was increased to 150 MW in 2019, 300 MW in 2020. Currently, the capacity stands at 1500 MW. “Quality, reliability, and advanced technology are the three main principles behind the company’s progress,” said Hardik Kothiya.