Roofsol Energy Pvt Ltd
Roofsol Energy is a Mumbai-headquartered solar EPC company founded in 2016 delivering turnkey rooftop and ground-mounted solar installations for commercial, industrial, and residential customers across India, with international operations in the USA, UK, Bangladesh, Oman, and Philippines.
- Company typePrivate
- Founded2016
- HeadquartersMumbai, India
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Roofsol Energy Pvt Ltd does
Roofsol Energy Private Limited is a Mumbai-headquartered solar Engineering, Procurement, and Construction (EPC) company founded in 2016 that delivers turnkey rooftop and ground-mounted solar installations for commercial, industrial, and residential customers in India and select international markets. The company designs, procures, constructs, commissions, and operates solar power systems with in-house engineering and procurement teams, leveraging a multi-vendor supply ecosystem across modules (Trina, Waaree, Adani, Jinko), inverters (Sungrow, Solis, Growatt), and balance-of-system components (Lapp). Service lines span EPC Turnkey, Utility Scale Projects, OPEX/BOOT models with 10–25 year Power Purchase Agreements, Operation and Maintenance with real-time remote monitoring, Installation and Commissioning, and a Roofsheet Changing Service for unsuitable rooftops.
The business operates a hybrid revenue model combining one-time EPC project revenue with recurring OPEX/PPA annuity income. Pricing under CAPEX is quote-based, historically in the range of approximately INR 45,000–85,000 per kW with 5–6 year payback for commercial users; under OPEX, customers pay a predetermined per-unit tariff with zero upfront capital. Roofsol has a dedicated residential sub-brand, Roofsol Homes (launched 2024), and customer concentration spans textiles (Sportking India, Aarti International, ST Cottex, Garg Acrylics, Mirza International, Bhilwara Suitings), tea estates in Northeast India (55+ installations), and large enterprises including Ashok Leyland, Amul, Mankind Pharma, Nayara Energy, and Metro Cash n Carry.
The go-to-market combines direct enterprise field sales with a channel partner program and digital demand generation via website, WhatsApp, toll-free, LinkedIn, and events. PAN India execution is delivered through 5 branch and 11 project offices, and the company has expanded internationally via wholly owned entities and joint ventures in the USA (Fremont, California), UK, Bangladesh (Dhaka), Oman, and Philippines. The founder, Dipankar Pal, is supported by a leadership team covering business development, large projects, procurement, finance, O&M, and regional operations.
Roofsol Energy Pvt Ltd firmographics
Firmographics- Name
- Roofsol Energy Pvt Ltd
- Legal name
- Roofsol Energy Private Limited
- Website
- https://roofsol.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Roofsol Energy is a Mumbai-headquartered solar EPC company founded in 2016 delivering turnkey rooftop and ground-mounted solar installations for commercial, industrial, and residential customers across India, with international operations in the USA, UK, Bangladesh, Oman, and Philippines.
- Ownership category
- akta.pro rank
Roofsol Energy Pvt Ltd industry classification
Industry- Product category
- Solar EPC Services
- NAICS
- Solar Electric Power Generation (221114), Roofing Contractors (23816)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Roofing & Roof-Mounted PV Systems (IMADAFAO), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
Keywords
Where Roofsol Energy Pvt Ltd is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices8 records
Markets served
Roofsol Energy Pvt Ltd business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- EPC Turnkey Services: Comprehensive Engineering, Procurement, and Construction services for commercial and industrial solar installations. End-to-end project delivery from site surveys to commissioning and handover with full training and support.
- OPEX/BOOT Model: Power Purchase Agreement (PPA) model where clients pay for electricity generated at predetermined tariffs for 10-25 years without upfront capital investment. Company retains ownership of the solar plant. 125+ MWp PPAs signed, 50+ MWp live, targeting 125+ MWp by June 2026.
- Residential Rooftop (Roofsol Homes): Residential solar installations through dedicated brand 'Roofsol Homes' providing top-notch solar installations for homes, housing societies, and offices with fully digital experience.
- Operation and Maintenance (O&M): Comprehensive O&M services for residential, commercial, and industrial solar systems including regular maintenance, servicing, and real-time remote monitoring. Flexible service plans and competitive pricing.
- Roofsheet Changing Service: Expert rooftop sheet changing services including detailed surveys and roof sheet replacements under both CAPEX and OPEX models for asbestos/cement sheet rooftops unsuitable for solar.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | CAPEX Model - Full ownership with upfront investment |
| Subscription | Multi-year contract | OPEX/RESCO Model - Zero upfront capital |
| Subscription | Annual | O&M Services |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Roofsol Energy Pvt Ltd product offering
Product offeringCore offering
Roofsol Energy is a solar EPC (Engineering, Procurement and Construction) company that designs, procures, installs and commissions grid-connected rooftop and ground-mounted solar PV plants for commercial, industrial, utility-scale and residential customers in India. Its offering spans turnkey CAPEX projects, OPEX/BOOT models with 10–25 year Power Purchase Agreements, utility-scale project execution, and dedicated operation and maintenance (O&M) services. A residential sub-brand, Roofsol Homes, packages solar rooftop systems for individual homeowners via a fully digital buying experience.
Product overview
Roofsol Energy is a solar EPC company offering a comprehensive portfolio of solar energy solutions for commercial, industrial, and residential customers. The core offering consists of turnkey EPC services for commercial and industrial solar installations, supported by a sub-brand called Roofsol Homes targeting the residential market. The product suite includes: (1) Roofsol Energy – core EPC services with in-house engineering and procurement; (2) Roofsol Homes – residential rooftop solar sub-brand; (3) EPC-Turnkey – end-to-end engineering, procurement, and construction services; (4) Utility Scale Projects – large-scale grid-connected solar installations; (5) OPEX/BOOT Model – investment-free solar solutions via long-term PPAs; (6) Operation and Maintenance services for ongoing system support; (7) Installation and Commissioning services; and (8) Roofsheet Changing Service for rooftop preparation. The company operates PAN India with international presence through joint ventures in the US, UK, Bangladesh, Oman, and Philippines.
Differentiator
Problem solved
Functional benefit
Brands
- Roofsol Homes: Residential solar brand launched in 2024 for rooftop solar installations for homes, housing societies, and offices.
Products and services
- EPC – Turnkey Solar Projects
Quantifiable outcome
- 100 Crore turnover achieved (2023)
- +3 more outcomes
Companies that use Roofsol Energy Pvt Ltd
Customer profileNamed customers20 records
Segments4 records
Ideal customer profiles3 records
Roofsol Energy Pvt Ltd technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Roofsol Energy Pvt Ltd partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered strategic.
- AdanistrategicDealership tie-up with Adani for Solar Modules in Maharashtra, enabling supply chain integration for solar equipment procurement.
- Joint Venture Partners (Oman, Philippines, Bangladesh)strategicStarted operations in Oman, Philippines and Bangladesh with Joint Venture Partners to expand international presence in 2022.
- US Joint VenturestrategicCompany formed in USA and started operations in 2023 through local JV partnership for US market entry.
- UK Joint VenturestrategicInternational operations in UK through strategic joint venture with local partners.
Scale indicators13 records
Recent moves10 records
Expansion highlights6 records
Roofsol Energy Pvt Ltd competitors and assessment
Company assessmentBroad incumbents
- Adani Solar: Vertically integrated solar manufacturer and developer within the Adani Group. Competes with Roofsol in utility-scale and C&I EPC, with far greater scale and project pipeline.
- Tata Power Solar Systems: Subsidiary of Tata Power with deep balance sheet and the largest rooftop solar EPC presence in India. A broader incumbent competing with Roofsol across both residential and C&I segments.
- Waaree Energies: India's largest solar module manufacturer with a significant EPC arm. Competes with Roofsol across C&I and utility-scale EPC, but operates at meaningfully larger scale and across a wider value chain.
- Vikram Solar: Indian solar module manufacturer with EPC and IPP arms serving C&I and utility customers. Comparable to Roofsol in C&I focus, with broader upstream module capability.
Direct peers
- SunSource Energy: India- and Southeast Asia-focused solar EPC and IPP with C&I rooftop and utility-scale capabilities. Comparable scale and customer mix to Roofsol, with similar CAPEX + OPEX model.
- Fourth Partner Energy: One of India's largest C&I-focused solar EPC and PPA operators. Closely comparable to Roofsol in targeting commercial/industrial customers with both CAPEX and OPEX/PPA models across India.
- Amplus Solar: C&I rooftop and open-access solar IPP serving Indian enterprises. Directly comparable to Roofsol in customer profile, OPEX/BOOT financing structure, and pan-India execution.
- Freyr Energy: Mid-sized Indian solar EPC with C&I and distributed generation focus, including a digital rooftop platform. Comparable to Roofsol's mix of CAPEX EPC plus digital residential offerings (Roofsol Homes).
- Rays Power Infra: Indian solar EPC executing utility-scale and rooftop projects with a developer-plus-EPC dual model. Comparable in MWp scale and customer types to Roofsol.
- Gensol Engineering: Listed Indian solar EPC and electric mobility company executing C&I and utility-scale projects. Comparable in EPC scope, though larger and more diversified than Roofsol.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Roofsol Energy Pvt Ltd social profiles
Digital presenceRoofsol Energy Pvt Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Roofsol Energy Pvt Ltd leadership team
Management profileNumber of profiles
Profiles10 records
Roofsol Energy Pvt Ltd subsidiaries and ownership
Company hierarchySubsidiaries3 records
Roofsol Energy Pvt Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Roofsol Energy Pvt Ltd M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Roofsol Energy Pvt Ltd
What does Roofsol Energy Pvt Ltd do?
Roofsol Energy is a solar EPC (Engineering, Procurement and Construction) company that designs, procures, installs and commissions grid-connected rooftop and ground-mounted solar PV plants for commercial, industrial, utility-scale and residential customers in India. Its offering spans turnkey CAPEX projects, OPEX/BOOT models with 10–25 year Power Purchase Agreements, utility-scale project execution, and dedicated operation and maintenance (O&M) services. A residential sub-brand, Roofsol Homes, packages solar rooftop systems for individual homeowners via a fully digital buying experience.
Is Roofsol Energy Pvt Ltd a public or private company?
Roofsol Energy Pvt Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Roofsol Energy Pvt Ltd founded?
Roofsol Energy Pvt Ltd was founded in 2016. It employs 101 to 250 people.
Where is Roofsol Energy Pvt Ltd based?
Roofsol Energy Pvt Ltd is headquartered in Mumbai, India, in the Asia region.
How does Roofsol Energy Pvt Ltd make money?
Five revenue lines are on record. EPC Turnkey Services are the primary driver. The others are OPEX/BOOT Model, residential Rooftop (Roofsol Homes), operation and Maintenance (O&M) and roofsheet Changing Service.
Who are Roofsol Energy Pvt Ltd's main competitors?
Broad incumbents on record are Adani Solar, Tata Power Solar Systems, Waaree Energies and Vikram Solar. Direct peers are SunSource Energy, Fourth Partner Energy, Amplus Solar, Freyr Energy, Rays Power Infra and Gensol Engineering.
Does Roofsol Energy Pvt Ltd have an API?
No public API is recorded for Roofsol Energy Pvt Ltd.
What industry is Roofsol Energy Pvt Ltd in?
Roofsol Energy Pvt Ltd's product category is Solar EPC Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of IMADAFAO, Solar Roofing & Roof-Mounted PV Systems. Its NAICS code is 221114 and its SIC code is 4911.