Shailesh Vaidya

Gensol Unlocks Rs. 350 Cr Deal For Scorpius’ US Subsidiary

Gensol Engineering Limited has signed a non-binding Term Sheet for a Rs. 350 crore transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a Renewable Energy Solutions provider in the US. The deal includes transferring exclusive and global Intellectual Property (IP) rights (except India) for Scorpius Trackers’ solar tracking technology. Gensol had […]

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Solar Is Changing Fast, Here Are 5 Ways It Already Has

When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […]

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