Interview with Mr. Chirag Nakrani, Founder & MD of Rayzon Solar Pvt. Ltd.: Pioneering Solar Innovations in India

Rayzon Solar is one of the leading manufacturer of Mono PERC and TOPCon modules in India. We are offering Mono PERC modules up to 560 W and an efficiency of around 21.7%. These modules are made with Gallium doped P-type half-cut solar cells having 10 busbars.

Q. Could you explain to us the technology and quality, such as high and nanometric that your company is using while manufacturing the product?

At Rayzon Solar, we leverage cutting-edge technology and precision engineering to manufacture our solar panels, ensuring the highest quality and efficiency. Our production process utilizes advanced nanometric techniques, enabling us to create solar cells with superior light absorption and minimal energy loss. This results in panels that offer exceptional performance and durability, even under challenging environmental conditions. By integrating high-precision manufacturing methods and rigorous quality control, we deliver products that meet stringent industry standards and provide sustainable, reliable energy solutions for our customers.

Q. What are the vision and strategy of your company that escalate its growth?

Rayzon Solar envisions a future where sustainable energy is accessible to all, driving growth through innovation and reliability in solar panel manufacturing. Our strategy is built upon three pillars: first, relentless pursuit of technological advancement to enhance the efficiency and affordability of our products; second, forging strategic partnerships to expand our market reach and distribution network globally; and third, unwavering commitment to quality and customer satisfaction, ensuring that every Rayzon solar panel delivers optimal performance and durability. Through these efforts, we aim to escalate our growth trajectory, catalyzing the transition towards a cleaner and more sustainable energy ecosystem.

Q. Would you elaborate on the products of your company that it is being offered to the clients?

Rayzon Solar is one of the leading manufacturer of Mono PERC and TOPCon modules in India. We are offering Mono PERC modules up to 560 W and an efficiency of around 21.7%. These modules are made with Gallium-doped P-type half-cut solar cells having 10 busbars. The PERC modules are available with a White Backsheet (referred to as Monofacial modules) and also with a transparent back cover (back sheet or glass) which are referred to as Bifacial modules. Bifacial modules generate more power as compared to monofacial modules, as they can harvest the sunlight from the front and also the reflected light from the environment on the backside. The power generation from the Bifacial modules can be between 5% to 25% higher than the monofacial counterparts, depending on the albedo of the ground. We are providing a warranty on the annual power degradation rate of 0.45%/ year for the dual glass Mono PERC modules, while it is 0.6%/year for the backsheet-based Monofacial modules. Also recently we have launched Dual Glass TOPCon modules with output up to 590 Wp and an efficiency of 22.86%. The TOPCon modules are made from N-type 16 busbar solar cells encapsulated in Glass to Glass laminate, which has very high reliability and our annual power degradation warranty of 0.4 %/year is in tune with the largest solar panel manufacturers in the world. All our products are BIS and IEC certified, and we have also tested our Dual Glass Mono PERC modules in extended reliability tests (3 times of IEC 61215 standard requirement). Further, we are planning for PVEL certification of our TOPCon modules, which is considered the benchmark of module reliability in the international market.

Q. What are the stumbling blocks that were faced during the expansion phase?

Whenever there is an expansion of any manufacturing facility, there is firstly planning done for smooth execution, but still, during actual execution, there will be some surprises. Particularly, in our case, there was a very rapid expansion from 40 MW to 3000 MW within a span of 5 years. There were certain phases during this transformation when we were not able to recruit sufficient experienced manpower for the new lines so we had to do with the existing manpower and train freshers in large numbers to meet the manpower requirements. Also during the expansion phase, we ramped up the Quality Control processes by introducing new tests for stringent quality control of the raw materials and finished products, and due to the constant addition of the testing equipment, we had to split the QC test lab and the Module Reliability Labs and new facility had to be developed for module-level reliability tests.

Q. What will be the primary objectives for the upcoming years?

Over the next few years, Rayzon Solar’s primary objectives will revolve around expanding market reach, enhancing product efficiency, and fostering sustainability. We aim to penetrate emerging markets while consolidating our presence in established ones, leveraging strategic partnerships and innovative marketing strategies. Our focus will remain on advancing solar panel technology, improving efficiency, durability, and affordability to meet the growing demand for renewable energy solutions. Furthermore, we are committed to minimizing our environmental footprint by optimizing manufacturing processes and promoting recycling initiatives, aligning with our vision for a greener future.

Q. What are the major strengths of your company in the near future?

In the near future, Rayzon Solar’s key strengths lie in its innovative technology, sustainable practices, and robust manufacturing capabilities. Leveraging cutting-edge advancements in solar panel technology, we continue to produce high-efficiency panels that offer superior performance and durability. Our commitment to sustainability extends throughout our operations, from sourcing eco-friendly materials to minimizing waste and carbon emissions. With a vertically integrated manufacturing process, we maintain stringent quality control measures, ensuring reliability and consistency in our products. As the demand for renewable energy solutions grows, Rayzon Solar stands poised to lead the industry with our forward-thinking approach and unwavering dedication to excellence.