Gensol Engineering will sell its US arm, Scorpius Trackers, for INR 350 crore to a leading US Renewable Energy provider. The deal includes transferring global IP rights (except India) and will close by March 2026. Proceeds will fuel Gensol’s growth in India’s Solar Sector. Scorpius India remains Gensol’s subsidiary, retaining IP for Indian projects while expanding in the US and India.
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