Rayzon Solar: Everything You Need to Know in 2026

Rayzon Solar is the fastest-growing name in this series. It started in Surat in 2017 with 40 MW of capacity, reached 4 GW in 2024, and reports 11.3 GW today with a 12 GW expansion announced. Its modules are ALMM listed, its TOPCon range is export-grade, and it added more than 2 GW of listed capacity in a single month in 2026.

Growth that fast raises the obvious question, which is whether the company behind a 30-year warranty will be there in year 20. This guide covers what Rayzon makes in 2026, how its warranty reads, where it sits on price, and how to weigh a young manufacturer against an old one.

Key takeaways

• Rayzon Solar is based in Surat, Gujarat, founded in 2017, and reports 11.3 GW of module manufacturing capacity, with a 12 GW expansion announced.
• The range is led by N-type TOPCon, including the TOPCon-210R large-format module, with exports as a core market.
• Performance warranty is 30 years, with degradation capped at 1 percent in year one and 0.4 percent a year from year two to year 30.
• The product warranty is series-specific and sits on the datasheet; confirm it for the model on your quotation.
• ALMM List-I listed, adding 2,254 MW to its listed capacity in May 2026, so PM Surya Ghar eligible subject to the model number.
• It is a young company with a large balance of growth ahead of track record, which is the trade-off to weigh.

Who Rayzon Solar is

Rayzon Solar was founded in Surat in 2017 and grew in steps the company itself lays out: 40 MW at the start, 150 MW by 2020, 300 MW in 2021, and 4 GW in 2024, when it also signed a partnership with the Chennai Super Kings. It now reports 11.3 GW of capacity and has announced expansion to 12 GW alongside the launch of its TOPCon-210R module.

The company is export-active and its public material is unusually technical for an Indian module maker, with published work on microcracks, cell-to-module losses and thermal management. In May 2026 it added 2,254 MW to its ALMM-listed capacity, one of the larger single-month additions on the list.

Rayzon Solar panel range in 2026

Rayzon's current catalogue is built around N-type TOPCon, with Mono PERC still available for budget applications.

• Mono PERC - Technology: P-type PERC, Typical fit: Budget residential, small commercial
• TOPCon, M10 format - Technology: N-type TOPCon, monofacial and bifacial, Typical fit: Residential, commercial rooftops
• TOPCon-210R - Technology: N-type TOPCon, large format, Typical fit: C&I, ground mount, utility, export

Rayzon's own guidance on TOPCon is worth repeating because it applies to every brand: the N-type cell has a temperature coefficient around minus 0.30 percent per degree, which on a Tamil Nadu roof means 5 to 8 percent more energy over the year than PERC at the same nameplate. For when that premium pays back, see TOPCon vs Mono PERC.

Warranty

Rayzon publishes a 30-year linear performance warranty with degradation capped at 1 percent in the first year and 0.4 percent a year from year two through year 30. That is a competitive curve; it leaves the module at roughly 87 percent of rated output at year 30, and it is the same shape as the best in the Indian market.

The product warranty against manufacturing defects is set per series and sits on the datasheet. Ask for it in writing for the specific model on your quotation, and do not accept a summary.

The general point about young manufacturers applies. A 30-year performance warranty is a promise from a company to be solvent in 2056. Rayzon's growth is a good sign, its ALMM presence is a good sign, and its export markets audit it. None of that is a track record of honouring 20-year-old claims, because no company founded in 2017 can have one. Solar panel warranty claim in India covers the records that make any claim easier.

Rayzon Solar panel price in India in 2026

Rayzon does not publish a rate card and is positioned as a cost-effective, export-grade supplier, sitting below the premium brands and close to Goldi in the Surat value tier.

Rayzon's own 2026 estimate is that Indian homes pay between ₹50,000 and ₹85,000 per kW for a rooftop installation before subsidy, with modules at roughly 45 to 50 percent of the total, and a 3 kW system landing between ₹1.25 lakh and ₹1.67 lakh before the ₹78,000 PM Surya Ghar subsidy. That bracket is consistent with the ₹58 to ₹70 per watt we see for small Tamil Nadu residential systems, with Rayzon modules pulling a quotation toward the lower end.

Convert every quotation to a per-watt rate before comparing; is your solar quote too high shows how.

ALMM, DCR and the PM Surya Ghar subsidy

Rayzon is on MNRE's ALMM List-I, and its listed capacity grew by 2,254 MW in May 2026. DCR status is model-specific and depends on the cell source, so confirm both the ALMM listing and the DCR status for the exact model number on your bill of materials before a PM Surya Ghar application.

Where Rayzon Solar is strong, and where to be careful

Strong on price. Value-led, with a modern TOPCon catalogue.

Strong on the warranty curve. 0.4 percent a year is as good as the market offers.

Strong on technical seriousness. The company publishes real engineering material, which is rare and reassuring.

Be careful with track record. Nine years old. Excellent growth, no long claims history yet.

Be careful with distribution in the south. Surat is a long way from Chennai and the dealer network here is thinner than Waaree's or Tata's. Ask how a claim is routed.

Rayzon Solar vs the alternatives

Against Goldi Solar, the other big Surat value maker, the two are close: both TOPCon-focused, both export-active, both cheaper than the premium names. Goldi is older and larger. See Goldi Solar: everything you need to know in 2026.

Against Waaree, Waaree is twice the size with a wider catalogue and a longer record. Rayzon competes on price and a good warranty curve. See Waaree Solar: everything you need to know in 2026.

Against Saatvik, another fast-scaling manufacturer, Saatvik listed in 2025 and publishes a 12-year product warranty. See Saatvik: everything you need to know in 2026.

Buying Rayzon Solar in Tamil Nadu

Rayzon reaches Tamil Nadu through distributors from Gujarat. Ask for a delivery date in writing if a subsidy deadline is close, insist on the model number and the product warranty term, confirm ALMM and DCR, and record serial numbers at commissioning. How to verify a solar company covers the installer.

Frequently asked questions

Is Rayzon a good solar panel brand?

It is ALMM listed, export-active, at 11.3 GW of capacity, with a competitive 30-year performance warranty. It was founded in 2017, so it has strong growth and a short track record.

What is the warranty on Rayzon solar panels?

A 30-year linear performance warranty, with degradation capped at 1 percent in year one and 0.4 percent a year from year two to year 30. The product warranty is series-specific and on the datasheet.

Are Rayzon solar panels ALMM approved?

Yes, Rayzon is on ALMM List-I and added 2,254 MW of listed capacity in May 2026. Confirm the specific model number on your quotation against the current list.

Where are Rayzon solar panels made?

In Surat, Gujarat.

What is Rayzon's manufacturing capacity?

The company reports 11.3 GW of module capacity, up from 40 MW at its 2017 start and 4 GW in 2024, with a 12 GW expansion announced.

Does Rayzon make TOPCon panels?

Yes. N-type TOPCon is the core of its range, including the large-format TOPCon-210R.

Is Rayzon better than Goldi?

They are close. Goldi is older, larger and has a longer installer track record; Rayzon publishes a strong warranty curve and has grown faster. Price on the day usually decides it.

Where this fits

For the technology decision, TOPCon vs Mono PERC. To check a Rayzon quotation, is your solar quote too high. For full system costs, solar panel price in Chennai.

Blues Renewables installs Rayzon alongside Waaree, Tata, Vikram and the other ALMM-listed brands across Chennai and Tamil Nadu. Every quotation carries the model number and the product warranty term.

Call +91 98841 07170.

Sources

• Rayzon Solar, company history, on the 2017 founding in Surat, the growth from 40 MW to 4 GW in 2024, and the Chennai Super Kings partnership
• Rayzon Solar, on 11.3 GW of production capacity, the 12 GW expansion and the TOPCon-210R module
• Rayzon Solar warranty terms, on the 30-year performance warranty with 1 percent first-year and 0.4 percent annual degradation
• Rayzon Solar, 2026 guide to solar panel costs in India, on per-kW pricing and the module share of project cost
• Energetica India, May 2026, on ALMM-listed capacity additions including Rayzon's 2,254 MW
• MNRE, Approved List of Models and Manufacturers, List-I