Roofsol Energy Signs 5 MWp Solar Plus 4 MWh BESS PPA with ACG in Maharashtra
Roofsol Energy has 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 C&I energy storage market.
August 26, 2026. By Mrinmoy Dey
ACG World is a manufacturer of empty hard capsules and pharmaceutical packaging solutions, serving customers across the pharmaceutical and nutraceutical industries.
This PPA also marks Roofsol Energy’s first BESS order in the C&I segment. “Through this project, we are combining solar power with BESS to help industrial customers optimise energy consumption, improve energy resilience and accelerate their transition towards cleaner power,” stated the company.
Last month, Roofsol Energy 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, out 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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