Raana Semiconductors has signed a pre-order agreement to supply CZ12 ingot growers to SWELECT’s subsidiary, SHPV
The equipment will support SHPV’s 1 GW silicon ingot and wafer manufacturing facility
Raana will provide process optimization and technical training to support the facility’s operation
Raana Semiconductors, a semiconductor manufacturer based in India, has signed a pre-order agreement with SWELECT HHV Solar Photovoltaics (SHPV) for its planned 1 GW ingot and wafer manufacturing facility. SHPV is a wholly owned subsidiary of SWELECT Energy Systems.
The partnership is significant since it is reflective of India’s maturing solar PV market in terms of domestic manufacturing on both fronts: solar production equipment and upstream materials such as silicon ingots and wafers.
Tamil Nadu-headquartered Raana will deploy the Czochralski (CZ) 12 ingot growers at SHPV’s manufacturing facility in India. It will also provide technical support beyond equipment supply, hand-holding SHPV through process optimization and recipe development to improve yields and support the facility’s ramp-up.
Under the agreement. Rana will also train SHPV’s team at its pilot facility to help them operate and maintain the ingot-growing equipment while minimizing downtime. “With this preparation, SHPV’s main factory will be operational from day one,” said Raana.
The company added that the collaboration aims to support domestic solar manufacturing through the use of indigenous equipment and reduce dependence on imported machinery.
The availability of domestic solar ingot and wafer equipment becomes significant as Indian PV manufacturers gear up to comply with the upcoming Approved List of Models and Manufacturers (ALMM) List-III. It comes into force on June 1, 2028 (see India To Enforce ALMM List-III For Ingots, Wafers On June 1, 2028). China, on the other hand, is mulling export curbs on solar PV manufacturing equipment, including selected polysilicon, wafer, and advanced cell technologies (see China Proposes Export Curbs On 12 Solar PV Technologies).
Nevertheless, both Raana and SWELECT have not disclosed the agreement’s financial value or the number of CZ12 ingot growers covered under the pre-order arrangement.
Founded by Rajasekar Elavarasan, Raana aims to manufacture and supply machines supporting around 10 GW of solar cell production over the next three years.
The company claims it designs and manufactures both Czochralski & Bridgman systems entirely in-house, from hot zones and RF power systems to PLC/SCADA automation, enabling domestic production of Silicon, Germanium, Nd:YAG, and Lithium Niobate crystals.
In October 2026, Raana said it was planning to launch its first commercial-grade 12-inch CZ single-crystal machine within the next 10 to 12 months. The company claims its machines have about 70% local content, which will be incrementally improved over the next few years (see India Solar PV News Snippets).