“India is one of the first international markets that we have wanted to expand”, said Deep Chakraborty, CEO of ENACT SYSTEMS. “We already have a team here, ready to support new clients and proud to partner with leading corporations, as well as solar developers and integrators in this rapidly growing market”. Over a hundred US-based companies use the ENACT platform already, and ENACT has received grants from the prestigious SunShot program at the US Department of Energy.
“We are expanding our commercial solar program in India rapidly,” says Manish Sanghi, Managing Director at Everest Industries, one of India’s largest building solutions companies. “We have partnered with ENACT to reduce our solar origination and transaction costs, and excited about our future partnership in the India market”. ENACT’s enterprise-grade platform-as-a-service is rapidly bringing down the soft costs for solar services, that make up more than 50% of the total installed cost of a system in the US market. Soft costs are also becoming important for commercial developers in India, as high acquisition and development costs plague this segment globally.
About ENACT SYSTEMS ENACT SYSTEMS Inc. is a leader in cloud-based software for the solar industry. ENACT’s Platform powers complete solar business operations for 100+ customers, ranging from top global corporations to emerging project developers. ENACT is headquartered in the San Francisco Bay Area, with offices in India.
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