SMP 33: The New York Solar Market

Episode Summary   Benoy and Suzanne discuss past and upcoming shows and the top downloaded episodes of the Solar Maverick Podcast! Where New York is in their renewable energy initiative and where their future plans are heading.   Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also 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 and utility scale solar plus storage projects. The company also sources financing for solar projects and hedges energy and environmental commodities. Reneu Energy has brokered $27 million in environmental commodities transactions. 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. Suzanne Waters Suzanne Waters is an experienced solar professional with a broad knowledge of the industry, including project development administration, marketing best practices, financial strategy, and team leadership. Before joining Reneu Energy, Suzanne worked as the Business Development Manager and Proposal Team Leader at Vanguard Energy Partners, a national solar developer, and their affiliate firm, Vanguard Energy Capital. She oversaw proposal development and contract execution, and collaborated on structured finance for large scale, multimillion-dollar projects. In addition, Suzanne has extensive experience in many aspects of the PV industry, with unmatched enthusiasm for its capabilities and  a BA in Economics from Rutgers College at Rutgers University.   Insight from this Episode   Where New York is ranked among other states for solar. Updates on how state and company renewable energy goals are progressing. The importance of consumer understanding. What solar contracts are available to New York consumers. The challenges of solar in New York City.   Quotes from the show: On solar for consumers "There has to be an education within the community.” Benoy Thanjan, Episode #33. When she came to work with Benoy: "It had been a while since I had had that same passion about my job" Suzanne Waters, Episode #33 “I love going the down to the fundamentals, the basics.” Suzanne Waters Episode #33. “Companies and both states are having these 100% renewable energy goals." Benoy Thanjan, Episode #33 On New York Solar " The development hasn't been as much as people initially thought” Benoy Thanjan, Episode #33 "New York you are not getting as high incentive levels.” Benoy Thanjan, Episode 33 Resources: Reneu Energy Summer Solstice Party   Benoy Thanjan [email protected] www.reneuenergy.com   LinkedIn.com/bthanjan Facebook: Reneu Energy Suzanne Waters: [email protected] Linkedin: Suzanne Waters www.reneuenergy.com Facebook: Reneu Energy