SMP 197: Revolutionizing Solar Panel Recycling with Adam Saghei

In this episode of the Solar Maverick Podcast, Benoy sits down with Adam Saghei, CEO and Founder of We Recycle Solar, at their state-of-the-art recycling facility—the only certified solar waste disposal provider. Adam shares insights into the growing opportunities in solar recycling, the cutting-edge technology behind their process, and key industry trends shaping the future of solar sustainability.   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 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 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.     Adam Saghai Adam Saghei is the Chief Executive Officer of We Recycle Solar, a company based in Yuma, Arizona, dedicated to addressing the growing need for sustainable disposal solutions for decommissioned solar panels. Under his leadership, the company has developed processes to recover valuable materials such as silver, copper, aluminum, glass, and silicone from obsolete or damaged photovoltaic panels, achieving up to a 99% recovery rate. Saghei emphasizes the importance of planning for the retirement of solar assets to ensure a sustainable lifecycle for renewable energy technologies.   Stay Connected: Benoy Thanjan Email: [email protected]  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com   Adam Saghai Linkedin: https://www.linkedin.com/in/asaghei/ Website:  https://werecyclesolar.com/     Join Us at FireAid LA Fundraiser During InterSolar!   The recent fires in Los Angeles have impacted so many lives, and now is our chance to give back. Join us on Tuesday, February 25th, 2025, at 5:00 PM at The Lofts at 777 Sixth Ave for an evening of networking, community, and making a real difference. 💡 Why Attend? ✅ Support those affected by the LA fires ✅ Connect with fellow solar & clean energy professionals ✅ Enjoy a great evening while giving back This event is proudly organized by Reneu Energy & the Solar Maverick Podcast, and proceeds will go to FireAid LA to help those in need. 📩 Interested in sponsoring? Email us at [email protected]. Let’s come together as an industry to make an impact. See you there!   https://www.eventbrite.com/e/fireaid-la-fundraiser-during-intersolar-tickets-1227144735939?aff=oddtdtcreator