Energy solutions provider Gensol Engineering has entered the U.S. market with the launch of its Delaware-based subsidiary, Scorpius Trackers.

The launch marks the company’s plans to leverage the vast potential of the U.S. solar tracker market, which deploys trackers aggregating over 25,000 MW annually.

Gensol said the U.S. tracker market is growing at a more than 20% CAGR. By 2028, it intends to supply over 2,000 MW of trackers annually.

Scorpius Trackers’ first U.S. office will be in California.

Scorpius Trackers, set up in India in 2012, provides end-to-end single-axis solar tracking solutions.

Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering, said, “The U.S. market is pivotal to our global strategy, and the launch of Scorpius Trackers marks a significant milestone in our growth journey. With the U.S. leading the world in solar tracker adoption, our entry into this market aligns perfectly with our vision to provide the world with high-tech products designed in India and made in India.”

Shailesh Vaidya, Co-founder and CEO of Scorpius Trackers, said, “Our proven technology and deep expertise in diverse global markets will ensure that we develop cutting-edge, reliable, and cost-effective solutions that will cater to the unique needs of U.S. utility-scale plants. This expansion will pave the way for substantial growth and further establish Scorpius Trackers as a leader in the solar tracking industry.”

Gensol reported a 105% year-over-year increase in revenue to ₹2.97 billion (~$35.3 million) in the first quarter of fiscal year  2025 from ₹1.45 billion (~$17.2 million). The consolidated earnings before interest, taxes, depreciation, and amortization increased by 143% YoY to ₹890 million (~$10.6 million).

The company emerged as the winning bidder in SECI’s auction for a 237 MW hydrogen electrolyzer manufacturing capacity under the Production Linked Incentive program in collaboration with Matrix Gas & Renewables, a natural gas aggregator and hydrogen infrastructure developer.