Scorpius Trackers achieves milestone of 1000 MW + contracted orders globally

Scorpius Trackers, a leading solar tracking technology company and subsidiary of Gensol Engineering Ltd. (BSE: 542851, NSE: GENSOL), announced the achievement of reaching a significant milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia and Uganda solidifying its position as a key player in the global solar tracking industry.

With a steadfast commitment to excellence, Scorpius Trackers has established itself as a frontrunner in delivering reliable and bankable single-axis trackers. The company's cuttingedge solar tracking technology featuring maintenance-free bearings, real-time GPSenabled tracking, IoT (Internet of Things), Supervisory Control and Data Acquisition (SCADA), has set new benchmarks for efficiency and performance in solar power generation.

Commenting on reaching this significant milestone, Shailesh Vaidya, CEO, Scorpius Trackers, "Crossing the 1000 MW + mark of contracted orders is not just a milestone but a testament to our unwavering dedication to providing best-in-class solar tracking solutions that enhance efficiency, reliability, and cost-effectiveness for our clients. This achievement is a result of the hard work and dedication of our team over the years. We remain committed to collaborating with global and local partners to accelerate the world's energy transition journey."

The company's client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engine, Sterling Wilson, Azure Power, Kosol Energy and many others. Notably, the company achieved the highest performing tracker generation at a Commercial and Industrial (C&I) site with the client Ajanta Clocks, Gujarat with more than 21L units per MWp using mono facial modules.

As Scorpius Trackers celebrates this milestone, the company remains committed to pushing the boundaries of innovation in solar tracking technology and delivering unparalleled value to its clients worldwide.

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 880.65 as compared to the previous close of Rs. 916.85. The total number of shares traded during the day was 82468 in over 4572 trades.

The stock hit an intraday high of Rs. 934.80 and intraday low of 876.60. The net turnover during the day was Rs. 73509764.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 ScorpiusTrackers Milestone