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Roofsol Energy Signs 3 MWp Solar PPA with RAK Ceramics

Roofsol Energy has signed a PPA with RAK Ceramics to develop a 3 MWp solar power project at Kakinada, Andhra Pradesh, under its OPEX model.

October 14, 2026. By Mrinmoy Dey

Solar EPC company Roofsol Energy has announced that the company has signed a Power Purchase Agreement (PPA) with RAK Ceramics for a 3 MWp solar power project at Kakinada, Andhra Pradesh.
 
“Through this project, Roofsol Energy continues to deliver reliable, cost-effective and sustainable solar solutions for the Commercial & Industrial (C&I) sector, supporting energy transition through its OPEX model,” the company stated.
 
Last month, Roofsol secured a repeat 4.48 MWp solar project order from Metro Decorative (CROSSBOND) for installations in Uttarakhand and Himachal Pradesh, following an earlier 3.2 MWp project.
 
In August 2026, Roofsol Energy signed a Power Purchase Agreement for a 5 MWp solar plus 4 MWh BESS OPEX project for pharmaceutical packaging manufacturer Associated Capsules Group in Maharashtra, marking Roofsol's entry into the commercial and industrial (C&I) energy storage market.
 
In July 2026, the company signed a 10.44 MWp rooftop solar PPA with steel manufacturer Shyam Steel Industries under the OPEX model for the latter’s factory in Durgapur, West Bengal. The company also signed a 17 MWp rooftop solar PPA with Foxconn to develop an OPEX-based solar project for the smartphone manufacturer's facility in Bengaluru, Karnataka.
 
In FY27, the company’s target is to invest in 200 MWp of rooftop solar assets through PPAs, of which over 50 MWp has already been signed and is under execution, the company stated.
 
In June 2026, Roofsol Energy secured INR 260 crore in funding from Aseem Infrastructure Finance to develop solar IPP projects, including installations for JK Tyre and Industries and an additional 100 MWp of C&I solar capacity across India.
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