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ENACT SYSTEMS Expands Digital Platform for Solar and Storage Asset Management

By ET Bureau - October 18, 2020 2 Mins Read

ENACT SYSTEMS Expands Digital Platform for Solar and Storage Asset Management

ENACT SYSTEMS, the leading global software platform to deploy and manage renewable energy projects announced new capabilities with the ENACT ENGAGE offering for Asset management of Storage and Solar projects.

Leveraging cloud integrations with solar and storage hardware and monitoring devices, ENACT ENGAGE tracks real-time bill savings for residential and commercial customers, as well variance of actual savings versus projections. ENACT ENGAGE centralizes data access for disparate project assets, enabling powerful Predictive Analytics and Machine Learning capabilities. ENGAGE also allows Fleet owners and Storage OEMs a centralized platform for customer support, asset operations, warranty performance and aggregated reporting.

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“As ownership of distributed solar and storage expands globally, end-customers and asset owners are seeking real-time financial transparency on their investments,” said Deep Chakraborty, CEO of ENACT SYSTEMS. “As basic as this may seem, this is still an unsolved problem. ENACT’s end-to-end Cloud platform offers the single, independent ‘source of truth’ that’s easy to use for all stakeholders – customers, asset owners, OEMs and developers,” Deep added.

ENACT’s core digital platform module – ENACT ENVISION – has been used for solar project design and execution by thousands of users across North America, the Middle East and South Asia, in nine country markets, with over $1 billion of solar projects processed annually. ENACT’s Cloud software platform captures data centrally for the entire life-cycle of the project, significantly reducing transaction costs and lifecycle ownership costs, while improving transparency on deal investments.

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