India’s Rayzon Plans 500 Megawatt Solar Module Fab In The US
An India-based solar module manufacturer has announced plans to set up module production line in the United States.to set up 500 megawatts of solar module manufacturing capacity in the US. The company did not specify any timeline or location for setting up the facility.
Apart from expanding its production capacity, the company has also been looking to offer new products to compete with international brands. Last year, the company launched a monocrystalline bifacial module with up to 540 watts of output. While leading manufacturers across the world have already transitioned to large bifacial modules, most Indian manufacturers are still producing monofacial modules.
Companies with no prior experience in module manufacturing are also looking to set up shop. These include Avaada Energy, ReNew, AMP Energy, and Reliance Industries.
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