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    Home»Solar»Gensol Engineering acquires Scorpius Trackers – pv magazine International
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    Gensol Engineering acquires Scorpius Trackers – pv magazine International

    By March 24, 2023No Comments2 Mins Read
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    Gensol Engineering has acquired Indian photo voltaic monitoring specialist Scorpius Trackers for $16.42 million.

    March 24, 2023 a gupta

    A 2P (portrait / vertical) single-axis tracker for bifacial modules, commissioned by Scorpius Trackers

    Picture: Scorpius Trackers

    From pv journal India

    Gensol Engineering has acquired Indian photo voltaic tracker specialist Scorpius Trackers, which makes its personal patented tracker controller and software program options. Gensol Engineering mentioned the acquisition will permit it to supply its purchasers end-to-end engineering, procurement and development (EPC) options.

    Scorpius Trackers will function as an entirely owned subsidiary of Gensol Engineering. The Pune based mostly firm has 600 MW of capability working throughout India, Japan, Africa, and the Center East.

    “Combining our experience in photo voltaic EPC and Scorpius’ sturdy repute and experience in photo voltaic trackers, permits us to supply a complete EPC bundle,” mentioned Anmol Singh Jaggi, managing director of Gensol Engineering. . “We see that the worldwide demand for trackers is rising quicker than the general demand for mounting programs as a result of photo voltaic vitality initiatives that use trackers generate extra ROI. [return on investment] somewhat than initiatives that do not exist.”

    This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: editors@pv-magazine.com.

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