Episode Summary
In this episode of Solar Maverick, Benoy and Li look into the future and define trends in solar energy. Community Solar Programs will continue to rise in popularity along with energy storage and favorable state level renewable energy legislation. Benoy and Li conclude the interview with a personal look toward 2020 and how they stay focused and mindful throughout the year.
Benoy Thanjan
Benoy Thanjan is the Founder and CEO of Reneu Energy, as well as an advisor for several solar startup companies. Reneu Energy is a premier international solar energy consulting firm and developer, and the company focuses on developing commercial and industrial solar, as well as utility-scale solar plus storage projects. The company also sources financing for solar projects and hedges both energy and environmental commodities.
Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. Before founding Reneu Energy, he was the SREC Trader in the Project Finance Group for SolarCity, which merged with Tesla in 2016. He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of SolarCity, to move into the east coast markets. Benoy also worked at Vanguard Energy Partners, Ridgewood Renewable Power, and Deloitte & Touche.
Li Wang
Li Wang is a life-long journalist and communications professional. He worked as an intern for the Philadelphia Daily News, during the summer of the O.J. trial, and has since had some fascinating jobs, from being a business reporter to an arts editor, to a film critic. He has since shifted his focus to digital marketing and creative services, and now his company, MJ Wang Media, develops brand messaging and identity through website design and content marketing.
Insights from this episode:
Quotes from the show:
Podcasts Mentioned:
Episode 58: Residential Solar Financing and Other Interesting Topics - with Benoy Thanjan and Nathan Jovanelly
Resources Mentioned:
The Investment Tax Credit (ITC)
Power Purchase Agreements (PPAs)
Virtual Power Purchase Agreements (VPPAs)
Solar Energy Industries Association
Solar Renewable Energy Credit (SREC)
Stay Connected:
Benoy Thanjan
Email: info@reneuenergy.com
LinkedIn: @bthanjan
Website: https://www.reneuenergy.com
Li Wang
MJWangMedia.com
Instagram: @liwang22
Sponsor:
We would like to thank Radiant REIT for sponsoring this episode of the Solar Maverick Podcast.
RadiantREIT is the first-ever investment trust to bring mortgage REITs to the solar energy market.
For the solar developers and EPC developers out there, financing with RadiantREIT’s solar mortgage REIT will transform how you think about the business of project development. With RadiantREIT financing, you can increase project cash flow and you can retain ownership of your projects.
The company’s cradle-to-grave financing package includes the entire capital stack. RadiantREIT arranges tax equity, 100% construction financing and up to 99% term financing at competitive rates with no upfront fees including legal and diligence!
Co-Founders Jim Spano and Jeff Just are solar and finance veterans who have brought together a team of experts to create and offer this innovative financing model enabling developers to capture the true value of their development. They are committed to addressing the financing gaps that exist in today’s market, especially for small and mid-sized developers. RadiantREIT will remove the stress of financing or refinancing, and allow you to maintain focus on your projects. Let them be your outsourced, structured finance department.
Visit www.radiantreit.com to learn more and to submit your expression of interest form today.
Subscribe to our podcast + download each episode on itunes, Podbean and youtube.
This episode was produced and managed by Podcast Laundry (www.podcastlaundry.com)
SMP 157: Proposed California Community Solar Program Update(April 2024)
SMP 156: How to develop Solar and Storage on Disturbed Land with AC Power?
SMP 155: Capital Solutions for Real Estate for Solar and Battery Storage with SolaREIT
SMP 154: How Aurora Solar is innovating the residential and commercial sales experience through software?
153: How Sunstone Credit is providing debt financing for an underserved market in solar?
SMP 152: How Anza Renewables is innovating solar module & energy storage procurement?
SMP 151: Proliferation of Flexible Solar in Space
SMP 150: How SunRaise Capital is innovating residential solar financing?
SMP 149: Jigar Shah, Director of the LPO of the DOE, Discusses How the Solar Industry Has to Innovate
SMP 148: How Summit Ridge Energy is dominating the Virginia Community Solar Market?
SMP 147: RE+ Conference Takeaways
SMP 146: How Erthos is revolutionizing Utility Scale Solar Construction?
SMP 145: US Community Solar Market Analysis
SMP 144: Luxpower: Introduces its Innovative Inverter Technology to the US Market
SMP 143: Insights on the US Solar and Storage Market
SMP 142: The Benefits of Local Solar
SMP 141: Unlocking Your Solar Project’s Potential with Operations and Maintenance
SMP 140: Agrivoltaics: One of the Next Frontiers in Solar
SMP 139: Opportunities and Challenges with the PJM Solar Market
SMP 138: North America Solar Manufacturer discusses how they differentiate from Foreign Competition
Create your
podcast in
minutes
It is Free
Ecology Everywhere
Popular Science Radio
The Beer Drinking Scientists
Observing With Webb
The WildLife with Laurel Neme