Zine LaRoussi, President and Chief Executive Officer founded LaRoucci International Consortium (LRIC) in 2003 in Slovakia and LaRoucci Tesla Chad (LRTC) in 2022, with a bold mission: to foster sustainable development and to create a better and cleaner earth for future generations by bringing electricity powered by the sun, wind and hydropower to millions of people of Africa and Arabic Countries.
Under LaRoucci International Consortium (LRIC) leadership, we have grown into one of Africa and Arabic countries’ largest solar photovoltaic products and energy solutions providers, as well as one of the largest solar power plant developers. We have cumulatively delivered the contract for more than 10 gigawatts of solar modules to Chad according to the needs of the country and the rest for export to neighbouring countries in more than one country, which is enough to meet the clean and green energy needs of approximately 17.7 million households.
Our dedicated employees strive every day to make this task a reality. Customers choose us because we deliver the best value possible. Our modules and systems solutions combine high quality with market-leading cost structures. Our solar projects consistently achieve the highest production values and returns on investment. Currently worth 10 GW of solar projects and 31 GWh of storage projects under preparation, solar projects are uniquely positioned to provide project development and complete ready-made solar solutions. by aggregating services for the entire project life cycle – feasibility study, allow, Development, Engineering, Procurement, Construction and Maintenance – We can significantly reduce complexity and cost for industrial and commercial customers. In 2024, $500 million in capital will be raised for the planned initial public offering of LaRoucci Tesla Chad and we have completed the issuance of $460 million in convertible bonds. It will provide us with a rapid expansion of our manufacturing capacity along with the most advanced technologies to support our target from 10 GW to 20 GW of charges and from 31 GWh to 60 GWh of battery storage shipments in 2030.