SMP 72: COVID-19 Impacts on the Solar Industry

Episode Summary In this episode of Solar Maverick, Benoy and Li speak about how COV19 has affected the solar industry and they also speak about state level initiatives that were passed this month to increase solar deployment.   Benoy and Li also speak about suggestions that they have to have a positive outlook and be successful during the pandemic. 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.   Li Wang Li Wang is a life-long journalist and communications professional. He worked as an intern for the Philadelphia Daily News, during the summer of the O.J. trial, and has since had some fascinating jobs, from being a business reporter to an arts editor, to a film critic. He has since shifted his focus to digital marketing and creative services, and now his company, MJ Wang Media, develops brand messaging and identity through website design and content marketing.  Resources Mentioned: 106,000 American clean energy jobs were lost in March Force Majeure:  What does the coronavirus mean for your solar contract   Mediation Apps Headspace Calm   Stay Connected: Benoy Thanjan Phone:  201-743-9533  Email: [email protected] LinkedIn: @bthanjan Website: https://www.reneuenergy.com   Li Wang MJWangMedia.com  Email:  [email protected] Instagram: @liwang22   Sponsor: Sillverline Communications, an integrated marketing and PR agency focused on clean and emerging tech, is headquartered in DC with satellite offices in Chicago and Salt Lake City. What defines them? They are: Independent. Agile. Absolutely invested in their clients and their teams. They are storytellers and connectors at heart, grounding programs with insights to achieve real business objectives and shape outcomes that influence markets and policy. They use every tool in the communication arsenal to translate complex ideas into breakthrough campaigns that drive stakeholder action. The team that gets it done? Silverline Communications. Strategic, smart professionals with unrivaled expertise in energy, policy and emerging technologies. In short:  They know their stuff. They believe in what they do. They believe in what their clients do. When their clients succeed, the world is a better place. To learn more about Silverline, go to teamsilverline.com.  You can reach Silverline at 703-286-5500 or [email protected]. I interviewed Laura Taylor who is the CEO and Founder of Silverline Communications on Episode 59: Lessons Learned from Clean Energy Entrepreneur. Subscribe to our podcast + download each episode on itunes, Podbean and youtube.  This episode was produced and managed by  Podcast Laundry (www.podcastlaundry.com)