SMP 135: A Perfect Fit-Solar and Bitcoin

Episode Summary In this episode of Solar Maverick Podcast,  Benoy is interviewed by Logan Chipkin about Solar and Bitcoin and how Solar Energy can be used for Bitcoin Mining.   Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also an advisor for several solar startup companies.  He has extensive project origination, development, and financial experience in the renewable energy industry and in the environmental commodities market.   This includes initial site evaluation, permitting, financing, sourcing equipment, and negotiating the long-term energy and environmental commodities off-take agreements. He manages due diligence processes on land, permitting, and utility interconnection and is in charge of financing and structuring through Note to Proceed (“NTP”) to Commercial Operation Date (“COD”). Benoy composes teams suitable for all project development and construction tasks. He is also involved in project planning and pipeline financial modeling. He has been part of all sides of the transaction and this allows him to provide unique perspectives and value. Benoy has extensive experience in financial engineering to make solar projects profitable. Before founding Reneu Energy, he was the Environmental Commodities 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 Tesla to move into the east coast markets.  Benoy was the Vice President at Vanguard Energy Partners which is a national solar installer where he focused on project finance solutions for commercial scale solar projects.  He also worked for Ridgewood Renewable Power, a private equity fund, where he analyzed potential investments in renewable energy projects and worked on maximizing the financial return of the projects in the portfolio.  Benoy also worked on the sale of all of the renewable energy projects in Ridgewood’s portfolio.   He was in the Energy Structured Finance practice for Deloitte & Touche and in Financial Advisory Services practice at Ernst & Young.  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. He has a MBA in Finance from Rutgers University and a BS in Finance and Economics from the Stern School of Business at New York University.  Benoy was an Alumni Scholar at the Stern School of Business.     Logan Chipkin Logan Chipkin is a writer in Philadelphia. His work has appeared in Physics World, Bitcoin Magazine, History Magazine, Quillette, and Gizmodo. He is passionate about the future of energy, Bitcoin, and physics.   Stay connected: Benoy Thanjan Website: www.reneuenergy.com Email: [email protected] LinkedIn: Benoy Thanjan Facebook: Reneu Energy   Logan Chipkin Website: www.loganchipkin.com Twitter:  @ChipkinLogan   Previous Episodes that Sazmining has been on the Solar Maverick Podcast   https://solarmaverick.podbean.com/e/smp-86-how-renewable-energy-is-partnering-with-crypto-mining/   https://solarmaverick.podbean.com/e/smp-125-solar-expert-discusses-bitcoin-and-the-great-opportunity-for-solar/   Benoy on the Sazmining Podcast https://www.youtube.com/watch?v=9C8-RGl3oZo   Solar Maverick Podcast and Reneu Energy Summer Solstice Party It is almost Summer Solstice which is the longest day of sunlight of the year!! Reneu Energy and the Solar Maverick Podcast will be celebrating the Summer Solstice on Thursday, June 21rd from 6pm to 10pm in Jersey City. It will be held at Hudson Hall which is a beer hall and Benoy is  one of the owners of Hudson Hall. The details are below.  https://www.eventbrite.com/e/summer-solstice-networking-event-tickets-629223292807   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.