Gensol

Gensol Confident Of Launching Its EV Model In Q1 Of FY26

Gensol Engineering seems to be confident of launching its proposed Electric Vehicle model likely by the first quarter (Q1) of FY26. The top management of the company told its investors in the latest investors call about the status of its EV production. The company said that the firm is undertaking the road testing of the […]

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Gensol Reports 29% Rise in Profits In Q2 Over Last Year

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, announced its unaudited consolidated and standalone financial results for the second quarter and half year ended September 30th, 2024 (Q2 & H1 FY25). With a play across solar projects, O&M, […]

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Green Stocks Oct 24: Wind Energy Gets Respite As Slide Continues

Pressure continued on green stocks, despite the record breaking performance of the big daddy, Waaree Energies IPO. The dichotomy could perhaps be explained by the sheer amount of interest in the Waaree IPO, which seems to have sucked a lot of liquidity out for applications to the IPO. As refunds pour in by next week, […]

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Gensol Engineering Appoints Ankit Jain As Chief Financial Officer

Renewable energy company Gensol Engineering Limited today announced the appointment of Ankit Jain as the Chief Financial Officer (CFO). Ankit will be succeeding Jabir Mahendi Aga, who is moving into an expanded leadership role within Gensol Group. Gensol Engineering is an EPC company in the renewable sector with electric mobility portfolio too. Ankit brings over […]

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Gensol’s Scorpius Trackers Launches In US, Targets GW Supply

Gensol Engineering today announced its entry into the US market with the launch of its Delaware-based subsidiary, Scorpius Trackers Inc. With this, Scorpius is set to debut its tracker technology at the RE+ Conference in Anaheim, 9 – 12 September 2024, with subsequent showcase planned in Austin and San Diego. The first US office of […]

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Gensol Receives EPC Award For Gujarat’s Khavda RE Power Park

Gensol Engineering a solar Engineering, Procurement, and Construction (EPC) services and electric mobility company today announced receiving Notification of Award for the Engineering, Design, Procurement, Erection, Testing & Commissioning for Solar plant at Khavda Renewable Power Park, Rann of Kutch, Gujarat. This Rs 463 crores project will be fixed tilt module mounting structure along with […]

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Gujarat: Gensol Bags Rs 600cr Order From PGVCL For PV Project

Gensol Engineering won the bid for 116 MW (150 MWp) of solar projects in Gujarat with an estimated revenue of around Rs 600 crore. These projects will be distributed across 27 diverse locations, all under the purview of Paschim Gujarat Vij Company Ltd.(PGVCL), the state electricity distribution company. Gensol Engineering is a Gujarat-based solar power […]

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BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round

BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […]

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Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project

Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […]

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