Q.How do you see Rayzon Solar expanding over the next ten years or so? Please enlighten our readers about the marvellous journey of your company so far?

Rayzon Solar has emerged as a distinguished and inventive manufacturer of solar modules, proudly showcasing a cutting-edge 2.5 GW production facility situated in the vibrant state of Gujarat, India. Founded in 2017 by visionary directors, Mr. Chirag Nakrani and Mr. Hardik Kothiya, the company’s overarching mission revolves around harnessing efficiently to foster a sustainable, carbonfree world for esteemed clients, partners, and societies.

The cornerstone of Rayzon Solar’s core principles is firmly rooted in our unwavering dedication to sustainability. This steadfast commitment is exemplified by our active involvement in government-led solar power initiatives, particularly in solar panel production. Our conscious endeavor to contribute to the renewable energy landscape has garnered us recognition and admiration within the industry.

Expanding our influence beyond national boundaries, Rayzon Solar has ventured globally, leaving an indelible mark by exporting solar solutions to Seventeen countries, including Europe and the USA. This global outreach not only enhances our standing but also strengthens our commitment to fostering positive change on a global level. At the heart of Rayzon Solar’s accomplishments lies the exceptional leadership of our co-founders. Mr. Hardik Kothiya, an inspiring entrepreneur, has played a pivotal role in orchestrating key business operations. His inventive thinking, combined with his profound experience in the solar sector,has propelled the company’s expansion, firmly establishing them as frontrunners in the market. Simultaneously, Mr. Chirag Nakrani, a dynamic and forward-thinking leader, has been instrumental in charting the company’s course. His expertise in strategic planning, sales, international business growth, and marketing has set Rayzon Solar apart from competitors and propelled the advancement of the renewable energy domain. A fusion of prompt decision-making, strategic technology selection, and timely execution constitute the formula for Rayzon Solar’s triumphs. These attributes, driven by Mr. Nakrani’s visionary outlook and Mr. Kothiya’s entrepreneurial acumen, have fostered a culture of ambition, innovation, and perseverance within the organization. Rayzon Solar’s ultimate aspiration is to provide clean, affordable, and dependable solar solutions, positioning themselves as a guiding light in the pursuit of a sustainable future. Each passing day propels them closer to illuminating the world with renewable energy, making a positive imprint on the environment and the lives of people across the globe.

 

Q.What is your current manufacturing capacity? What are your expansion plans?

Recently we have expanded our manufacturing capacity to 2500 MW in India, placing us among the top 5 manufacturers in the country. But that’s not all; we will also be the first Indian enterprise to begin producing 500 MW in a wealthy country like the USA. As stated before Rayzon Solar is always up-to-date with its technology and innovation, In the near future, we are going to introduce N-Type solar modules and Topcon solar modules up to 700Wp. which delivers both efficiency and stability. The solar industry and its day-to-day innovation are new to the market and talking about challenges we have to do more R&D to understand the market and its challenges.

 

Q.What is the scope for Mono facial modules and Bifacial modules in India and what is Rayzon’s focus and why?

Monofacial modules can be used in applications where the ground albedo is not significant or not available like in roof-mounted systems (in warehouses or factories). Bifacial modules can provide additional generation (more than monofacial modules) in areas where the ground albedo is available like in ground-mounted systems (provided the plant layout is designed to harness the bifacial gain to the optimum level). Also, another aspect of using Dual glass bifacial modules is the higher reliability as the backside glass shields the solar cells from undue impacts and prevents the generation of cracks in the solar cells. Further, the backside glass prevents ingress of moisture inside the solar panel so the degradation rates are much lower, which guarantees a higher lifetime energy generation (as compared to back sheet-based modules). As Rayzon Solar is moving towards TOPCon module production, which is more prone to corrosion from moisture, our focus is shifting towards Dual Glass modules which can guarantee the durability of the modules in the harsh Hot and humid climatic conditions prevalent

in India.

 

Q.What policy changes would you like to see to help Solar PV Modules flourish? Is there anything else that can boost the solar installations in India?

Rayzon Solar, a dedicated solar panel manufacturer, aims to drive solar installations and energy growth in India through strategic policy recommendations. They advocate for substantial incentives and subsidies to make solar energy financially appealing to both residential and commercial sectors. Simplifying net metering procedures would encourage solar adoption, while increased investment in research and development could lead to breakthroughs in efficiency and energy storage. Supporting domestic solar manufacturing would enhance local production, job creation, and affordability. Enforcing renewable energy mandates industries and utilities would stimulate demand and energy diversity. Additionally, enhancing grid infrastructure, raising public awareness, and establishing skill development programs are key facets of Rayzon Solar’s vision. They propose collaboration with financial institutions to offer green financing, ensuring wider accessibility to solar installations. Streamlined regulatory processes, including permits and land acquisition, are also highlighted as crucial for project efficiency. Rayzon Solar’s visionary outlook anticipates India’s emergence as a prominent global leader in renewable energy, and we stand prepared to contribute to this evolution through cutting-edge Solar PV Modules and unwavering collaboration.

 

Q.What is the extent of your Renewables Portfolio and what technologies does it cover?

Rayzon Solar has the capability to produce modules of different cell technologies from Aluminium BSFbased multi-crystalline modules to Mono PERC and TOPCon modules (based on n-type wafers). For the Mono PERC modules, Rayzon Solar has certified wattage up to 555 Watt-peak while for the TOPCon we are going for certification up to 585 Watt-peak. We are manufacturing monofacial and Bifacial modules (with both transparent backsheet and dual glass). As the solar industry is rapidly moving towards the adoption of the TOPCon technology, we are also gearing up to introduce higher-wattage solar panels based on TOPCon technology.

 

Q.How can these challenges of the solar industry be addressed? How is your company contributing towards transition?

The major challenge of the solar industry presently is to transition from the existing 5 busbars Aluminium BSF-based module production technology to the latest technologies like Mono PERC and TOPCon in a cost-effective manner, since the changes in machinery involve huge capital investments. Rayzon Solar started its first 1500 MW Mono PERC module production line (with the ability to handle 10 busbar cells) more than 1 year back, in 2022, and has been enhancing its production capacity in a progressive manner up to an additional 1200 MW. Its second production line with the capability to handle 16 busbar cells is presently under installation, and Rayzon will have the capacity to produce both Mono PERC and TOPCon modules in this second line.

 

Q.Could you tell us about your major projects and the clientele you are catering to?

We have successfully completed major projects in several Indian states, including Gujarat, Rajasthan, Maharashtra, Kerala, and Tamil Nadu. Our expertise extends to both Poly and Half Cut Mono PERC technologies. With a strong presence in the market, we are dedicated to serving MWp-scale supply and collaborating with developers engaged in groundmount projects to enhance our brand reputation Our primary focus lies on the PM-Kusum Yojana its forthcoming projects in the aforementioned states. Additionally, we are actively engaged in the growing DCR Make Half Cut market. The demand for DCR (Domestic Content Requirement) compliant products has gained prominence in the market, and the government has also issued tenders with DCR requirements.

 

Q.REI celebrated its glorious 15 years and now it’s coming up with a bang in 2023. Would you like to invite your customers with any special message through our platform?

As REI celebrate its remarkable 15-year journey we’re excited to join hands with them in commemorating this milestone. REI’s unwavering commitment to advancing renewable energy aligns perfectly with our own vision at Rayzon Solar. We’ve witnessed the transformational power of renewable energy, and we’re proud to have contributed to REI’s journey. In 2023, REI is set to make an even more profound impact, and we’re thrilled to be part of this journey once again. We extend a warm invitation to all our valued customers to join us at this electrifying event. It’s an opportunity to witness the latest advancements in renewable energy technology, engage with industry experts, and explore the possibilities that lie ahead. Amid the global transition toward sustainability, REI’s platform provides an ideal arena for sharing knowledge, fostering collaboration, and sparking inspiration. Recently, REI organized a press conference in Surat, Gujarat, where they extended invitations to the top five solar panel manufacturers to share their insights into the solar industry. During this event, Mr. Chirag Nakrani, our Director, discussed the technological advancements within the solar industry and highlighted the positive transformations occurring in the evolving energy landscape. He also emphasized the worldwide concern for the environment and sustainability and how Rayzon Solar is contributing to mitigating these global challenges. Together with REI, we are enthusiastic about shaping a future where solar energy assumes a leading role in our energy landscape. Mark your calendars for the upcoming REI event in 2023, and let’s come together to celebrate progress, innovation, and a greener tomorrow. Stay tuned for more updates and details – it’s going to be a year of exciting revelations!