A positive macroeconomic environment, rising market liquidity and optimistic investor confidence have been some of the key factors behind the record number of initial public offering (IPO) listings in India in recent years. According to […]
Founded in 2012 by Anmol Singh Jaggi and Puneet Jaggi, Gensol Engineering Limited (Gensol) has emerged as a leading player in India’s renewable energy sector. With headquarters in Ahmedabad, Gujarat, the company started as a […]
The year 2024 witnessed several interesting developments in India’s renewable energy sector, leading to continued expansion of developers’ and manufacturers’ portfolios. The growing traction and demand for round-the-clock (RTC) and quality renewables have resulted in […]
The past year saw several leadership changes at both the ministerial level and in prominent public and private renewable energy companies. New ministers have taken charge at the Ministry of New and Renewable Energy (MNRE) […]
Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract valued at Rs 7.8 billion for a 150 MW ground-mounted solar photovoltaic (PV) power plant in Maharashtra. Awarded by a major public sector […]
Matrix Gas & Renewables, a wholly owned subsidiary of Gensol Group, is planning to file for its initial public offering (IPO) in 2025 and raise up to Rs 12 billion. The company seeks to take […]
Gensol Engineering Limited has expanded into the US market with the launch of Scorpius Trackers Inc., a Delaware-based subsidiary. Their first office will open in California. Scorpius Trackers aims to supply 2,000 MW solar trackers […]
Gensol engineering have declared their financial results for the first quarter of 2024-25. Their consolidated total revenue for the period stands at Rs 2.97 billion, showing an increase of 105 per cent Year-on-Year (YoY) on […]
Gensol Engineering has emerged as the winning bidder for 116 MW (150 MWp) of solar projects distributed across 27 different locations in Gujarat. The estimated revenue from these projects is Rs 6 billion. The projects […]
Gensol Engineering has declared that it secured engineering, procurement, and construction (EPC) contracts for two solar projects with a combined capacity of 422.5 MW DC. This awarded capacity encompasses a 250 MW AC (350 MW […]
Gensol Engineering Limited has successfully secured a substantial Rs 9 billion in equity capital through the issuance of convertible warrants on a preferential basis. The equity capital infusion witnessed involvement from both global and domestic […]
Gensol Engineering Limited has bagged a Rs 1.5 billion contract from Sarda Energy & Minerals Limited for the deployment of a 50 MW DC (33 MW AC) solar power plant. To be located in Chhattisgarh, […]
Ahmedabad, 22nd March 2023: Gensol Engineering Limited, a leading solar engineering, procurement, and construction (EPC) company, has announced the acquisition of Scorpius Trackers Pvt Ltd., one of India’s largest providers of single-axis solar tracker solutions. […]
Gensol Engineering Limited, an Ahmedabad-based solar EPC and advisory services provider received purchase orders for over 247 MWp of solar power capacity across eleven states. These projects will be developed in Andhra Pradesh, Haryana, Gujarat, […]
Gensol Engineering has been declared as winner in the auction to develop 30 MW floating solar projects with a bid of Rs 2.32 billion. The projects will be developed at three thermal power plants spanned […]
Gensol notified that it has completed a 6.7 MWp ground-mounted solar project for self-consumption by Shree Cement Limited. The plant will be responsible to provide power to Shree Cement’s cement manufacturing facility situated at Panipat, […]
Taking advantage of the huge push to renewable energy development over the past decade, a number of companies set up clean energy ventures. Supported by an influx of foreign capital, these ventures have grown in […]
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