Overview

Renaissance Solar and Electronic Materials (RSOLEC), a groundbreaking solar enterprise operating in India and the USA, is pleased to announce its official formation and launch in October 2023. With a global reach and expertise in differentiated solar and electronic materials manufacturing, RSOLEC stands at the forefront of the industry, with a focus on Solar Crystal Growth and Wafering—a pivotal node of the solar value chain. At the heart of RSOLEC’s approach lies a commitment to technology-driven execution and innovation. Founded and supported by technocrats from five different countries across three continents, RSOLEC integrates continuous improvement on existing platforms with cutting-edge technologies. This unique vision not only provides a competitive advantage but also ensures a risk-mitigated strategy. The launch of RSOLEC aligns with India’s "Atmanirbhar Bharat" policy, showcasing the country's capabilities in the state-of-the-art solar value chain. Based in Delaware, USA, RSOLEC operates through its Indian subsidiary located within the dynamic ecosystem of IIT Madras Research Park. The company’s primary focus for the next five years will be on Crystal Growth and Wafering in India, contributing significantly to the country's strategic solar manufacturing capacity. Over the long term, RSOLEC intends to expand its manufacturing over the entire solar value chain. RSOLEC's product is high quality silicon wafer with low oxygen, high lifetime, and controlled resistivity, compatible with all solar cell technologies, including TOPCon, PERC, HJT, and Tandem structures. There is a clear path to growing crystals with uniform resistivity, which can increase the cell efficiency by 0.15%, which has not been accomplished in solar manufacturing so far. For select customers desiring very low oxygen content, Magnetic Czochralski (MCZ) platform will be used. The plant will be capable of producing wafers of various sizes, including M10, G12, and G16.