Gensol establishes US subsidiary to supply 2,000 MW of solar trackers
Gensol Engineering, a key player in the renewable energy sector, has announced the establishment of a subsidiary in the United States, aiming to supply over 2,000 MW of solar trackers annually by 2028.
The new subsidiary, Scorpius Trackers Inc, will be based in California, positioning the company to capitalize on the growing demand for solar energy infrastructure. The U.S. market currently deploys over 25,000 MW of solar trackers annually, making it the largest in the world. Gensol aims to leverage its extensive experience in the industry to tap into this market, which is growing at a compound annual growth rate (CAGR) of more than 20%.
Gensol Engineering, headquartered in Gujarat, India, specializes in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions. The company has more than 1,000 MW of contracted orders across key markets, including India, Africa, Japan, and the Middle East.