SMP 239: Solar Insurance 101

Episode Summary: Benoy sits down with Dimitrios Parikos, Senior Managing Director for Global Energy & Climate Tech Practice at Brown & Brown Risk Solutions, to unpack how insurance fits into underwriting, what coverages matter from construction through operations, how to navigate hail/wildfire risk, and why engaging a broker early protects your projects. Biographies Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla’s Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market. As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm’s renewable portfolio. Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar. Dimitrios Parikos Dimitrios Parikos is Senior Managing Director, Global Energy & Climate Tech at Brown & Brown Risk Solutions. With 25 years in insurance and 19 years focused on renewables, he leads a specialized team serving the energy industry for their insurance needs.. Stay Connected: Benoy Thanjan Email: [email protected]  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com   Dimitrios Parikos  Linkedin:  https://www.linkedin.com/in/dimitriosparikos/  Website:  https://www.bbrown.com/us/   Email:  [email protected]