Gensol Electric’s EV Launches Garner 30,000 Pre-Orders Updated On Tue, Jan 28th, 2025 by Saurenergy Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Limited , stood out at the recently concluded Bharat Mobility Global Expo 2025 with the grand unveiling of its micro urban mobility compact electric vehicle, ‘EZIO’ and a last-mile delivery and cargo electric vehicle ‘EZIBOT’. The company has announced 30,000 pre-orders received for EZIO and EZIBOT […] Read more
Refex Green Mobility to Acquire Gensol’s 2,997 EVs & Associated Debt of Rs 315 Crore Updated On Thu, Jan 16th, 2025 by Saurenergy Gensol Engineering Limited and Refex Green Mobility Limited have entered into a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws) owned by Gensol to Refex. This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility, streamlining operations, and enhancing the deployment of e4Ws across key markets, including Chennai, Bengaluru, Hyderabad, Mumbai, […] Read more
Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore Updated On Tue, Aug 13th, 2024 by Saurenergy Gensol Engineering Limited, a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […] Read more
Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO Updated On Tue, May 21st, 2024 by Saurenergy Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
Difficult to Achieve 40 GW Solar Rooftop Installation by 2022: Experts Updated On Mon, Jun 4th, 2018 by Saurenergy The target of installing 100 GW of solar capacity by the government has to be achieved by 2022 and out of which the amount of energy that has to come up from rooftop projects is 40 GW. Due to the slow pace of the growth of solar rooftop segment, it would be very difficult for […] Read more
