In a significant development in the renewable energy sector, Rayzon Solar has announced its collaboration with Indian multinational EPC solutions provider Larsen & Toubro (L&T). This partnership involves the supply of 216 megawatts (MW) of advanced photovoltaic (PV) modules for L&T’s floating solar projects in Panchet, Jharkhand, and Ramagundam, Telangana, as well as a ground-based PV project in Bihar.
The PV modules, featuring state-of-the-art monocrystalline bifacial technology, will utilize 550 Wp glass-to-glass design to enhance efficiency, particularly in floating solar applications. A spokesperson from Rayzon Solar stated, “We are dedicated to delivering innovative PV modules designed for optimal performance in floating solar installations. This collaboration underscores our shared vision to harness clean energy from water surfaces, minimizing land use while maximizing solar energy output.”
Since its inception in 2017, Rayzon Solar has quickly scaled its operations, achieving a manufacturing capacity of 4 gigawatts (GW) for PV modules. The company aims to increase this capacity by an additional 3 GW by December and a further 5 GW by September 2025, bringing its cumulative module capacity to 12 GW annually. Additionally, Rayzon Solar plans to establish a 1.2 GW cell line by the end of 2025.
This strategic partnership not only enhances L&T’s project portfolio but also reinforces Rayzon Solar’s commitment to innovation and sustainability in the renewable energy landscape.
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