SMP 120: Developer/Investor discusses scaling solar development and how to determine a new solar market

Episode Summary In this episode of the Solar Maverick Podcast, Benoy speaks with Nobel Chang who is the Managing Partner of Commercial Strategy & Business Development from Palladium Energy.  Palladium Energy is a solar developer and investor that develops utility scale solar projects in the US.  Nobel speaks about many interesting topics like how to look at a new solar market, how to scale solar development, and what makes a project bankable. 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. Nobel Chang Nobel leads business development, market strategy, and commercial execution at Palladium Energy. He started his solar career in 2009, Nobel has originated and developed DG and utility-scale projects in CAISO, Northwest, MISO, ISO-NE, PJM, and Southeast markets in the United States. He also has developed and financed projects in Mexico, Chile, and Japan. Prior to co-founding Palladium Energy, Nobel was the VP of Development at US Topco Energy, started a greenfield development company, then joined Pine Gate Renewables as the VP of New Markets and Capital Strategy. Stay Connected: Benoy Thanjan Email: [email protected]  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com    Noble Chang Linkedin:  https://www.linkedin.com/in/nobelchang/ Website:  www.Pd46Energy.com Email:  [email protected]   Subscribe to our podcast + download each episode on iTunes,Podbean, and youtube. Subscribe to our podcast + download each episode on iTunes,Podbean, youtube, and most of the major podcast platforms. This episode was produced and managed by Podcast Laundry (www.podcastlaundry.com)