Deep Chakraborty

Professional Role and Company Overview

Deep Chakraborty is the Co-Founder and CEO of Enact Solar (also known as ENACT Systems Inc.), a company headquartered in Pleasanton, California, specializing in end-to-end software solutions for the solar and energy storage industries. Established in 2014, Enact Solar has developed a comprehensive platform facilitating the design, pricing, installation, financing, and asset management of solar and energy storage projects. Under Chakraborty’s leadership, Enact has evolved into one of the largest and most innovative software platforms in the U.S. distributed energy sector.

Career Highlights and Leadership Experience

• Prior to founding Enact, Deep co-founded and served as CEO of the North American subsidiary of CentroSolar, a Germany-based photovoltaic systems company, where he built the business from inception to exit in 2010.

• At Enact, Deep has driven exponential growth, expanding the company’s staff nearly fourfold and extending its platform’s reach to over 35 countries across multiple continents.

• He has led Enact to achieve $30 million in annual sales within less than four years, with deployment in more than 25 U.S. states.

• Deep has been instrumental in the company’s strategic partnerships, for example, with Blu Banyan, which he described as a “game-changing advancement for the solar industry,” and with Black & Veatch to advance commercial solar projects in Southeast Asia.

• Enact recently announced a new Insider Partner Program focused on supporting solar installers in growing their businesses and meeting regulatory requirements, highlighting Deep’s commitment to market expansion and customer enablement.

• Under his leadership, Enact completed an $11.5 million Series A financing round in September 2022, led by Energy Growth Momentum, to accelerate product development and market penetration.

• Enact acquired Energy Finance Strategies (EFS) to broaden software platform capabilities, reflecting strategic growth under Deep’s guidance.

Company Performance and Industry Impact

• In 2024, Enact celebrated its 10th anniversary marking a decade of continuous innovation and growth in solar and energy storage software solutions.

• Enact’s 2023 U.S. Solar and Storage Market Intelligence Report offers comprehensive insights into renewable energy adoption trends, underscoring its market leadership and data-driven approach.

• The company’s asset management platform, expanded in early 2025, enables installers to proactively monitor solar-plus-storage fleets, tackling emerging industry challenges such as integrating storage with solar systems.

• Enact has been recognized with prestigious industry awards, notably the Red Herring Top 100 North America Award in 2023, positioning it among the most promising private technology ventures in clean energy.

Educational Background and Professional Development

• Deep Chakraborty holds degrees from multiple reputed institutions including the Indian Institute of Technology (IIT) Kharagpur, Penn State University, and the University of Michigan.

• He has also completed executive education programs at the University of Cambridge and the Massachusetts Institute of Technology (MIT), and holds an MBA, signifying a strong technical and managerial foundation supporting his business leadership.

Public Presence and Thought Leadership

• Deep maintains an active LinkedIn profile with over 500 connections, positioning him as a prominent figure in renewable energy and climate tech sectors.

• He has participated in numerous interviews and podcasts, including recent engagements on Alumni Ventures’ Tech Optimist Podcast (July 2024), Invent Penn State, and Renewable Energy Magazine, where he discusses solar investments, cost savings through solar adoption, and climate technology trends.

• His public discussions frequently highlight Enact’s mission to simplify solar power investments and make energy more affordable, signaling a strong alignment with market needs and policy trends driving renewable adoption.

Strategic Insights

Deep Chakraborty’s leadership is characterized by scalable growth, strategic partnership development, and innovation in software-enabled solar asset management. Enact’s expansion into global markets including Southeast Asia and the Middle East, the recent financing milestone, and diversification of offerings such as the Insider Partner Program demonstrate a forward-looking business model responsive to installer and investor requirements. Given the company’s decade-long track record and recent industry accolades, Deep is positioned as a leading entrepreneur driving software solutions that address both operational efficiency and financing complexity in the solar energy landscape.

Engagement with his company would warrant attention to Enact’s end-to-end project lifecycle capabilities and its demonstrated ability to secure strategic investments and partnerships, reflecting a mature and growth-oriented enterprise under Deep's stewardship.