Strengthening India’s solar manufacturing capability and contributing to the Atma-nirbhar Bharat Mission, another milestone to be achieved.
Renaissance Solar and Electronic Materials (RSOLEC) announced its manufacturing plant in India. The company intends to invest about $300 million in the facility with anticipated capital intensity below $35 million per Giga-Watt (GW).
To begin with, the company plans to focus on solar crystal growth and wafering for the first five years. Initial production capacity is set to be 5GW. Commission of the facility is planned in late 2025 and production in 2026. It aims to generate about 1000 skilled jobs in the next three years.
In the long term, the vision is to cover the entire solar value chain and expand the production capacity to more than 20GW. More than 3000 skilled jobs are expected to be generated from this.
The company will manufacture thin (100 micrometers) silicon wafers with low oxygen content, high lifetime, controlled resistivity and compatibility with all solar technologies. Uniform resistivity will potentially increase cell efficiency by 0.15% which is claimed to be a milestone yet not achieved by industry.
The facility will use the Recharge Czochralski (RCZ) process which can be added to the Continuous Czochralski (CCZ) process for crystal growth. It will have the capability to produce wafers in various sizes, including M10, G12, and G16.
Renaissance Solar and Electronics Materials is a solar enterprise with operations in India and the U.S.A. The company deals in differentiated solar and electronic materials manufacturing. Currently, RSOLEC operates in India through its subsidiary in IIT Madras Research Park.