SMP 182: How the US Presidential Election Will Impact Renewables?

Solar Maverick Podcast

In this episode of the Solar Maverick Podcast, Benoy and his co-host Nate Jovanelly, CEO of Sunraise Capital, speak about how the renewable energy industry would be impacted by the US Presidential Election.

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.

Nathan Jovanelly

Nate is the CEO and Founder of SunRaise Capital’s mission is to provide affordable and accessible renewable energy options to homeowners, while reducing carbon footprints and creating a sustainable future for generations to come. They achieve their mission by partnering with industry leading solar installers to provide our customers with the best possible solar experience at competitive rates.

As the CEO of an innovative residential solar lease company, he spearheads strategic initiatives aimed at harmonizing the objectives of our funding partners, installation teams, and homeowners. With a relentless focus on alignment, he cultivates collaborative relationships to ensure mutual success and satisfaction across all stakeholders. Through innovative leadership and a commitment to transparency, he drives sustainable growth while delivering exceptional value to our investors, installers, and customers alike.

Stay Connected:

Benoy Thanjan

Email: [e-mail]

LinkedIn: Benoy Thanjan

Website: https://www.reneuenergy.com

Nathan Jovanelly

SunRaise Capital Website: https://www.sunraisecapital.com/

Linkedin: https://www.linkedin.com/in/natejov/

Nate’s other interviews on the Solar Maverick Podcast

SMP 166: Residential Solar Trends

https://solarmaverick.podbean.com/e/smp-166-residential-solar-trends/

SMP 150: How SunRaise Capital is innovating residential solar financing?

https://solarmaverick.podbean.com/e/smp-150-how-sunraise-capital-is-innovating-residential-solar-financing/

Solar Maverick Episode 147: RE+ Takeaways

https://solarmaverick.podbean.com/e/smp-147-re-conference-takeaways/

Solar Maverick Episode 139: Opportunities and Challenges with the PJM Solar Market

https://www.youtube.com/watch?v=u14GHBkqcqo

Solar Maverick Episode 134: 2023 Solar Predictions

https://solarmaverick.podbean.com/e/smp-134-2023-solar-predictations/

SMP 131: How Technology and Software are innovating the Solar Industry?

https://solarmaverick.podbean.com/e/smp-131-how-technology-and-software-is-innovating-the-solar-industry/

SMP 100: US Residential Solar, Storage, and Electric Vehicle Trends

https://solarmaverick.podbean.com/e/smp-100-us-residential-solar-storage-and-electric-vehicles-trends/

SMP 74: Impact on COVID-19 on Residential Solar

https://podcasts.apple.com/us/podcast/smp-74-impacts-of-covid-19-on-residential-solar/id1441876259?i=1000475840259

SMP 58: Residential Solar Financing and Other Interesting Topics

https://podcasts.apple.com/tc/podcast/smp-58-residential-solar-financing-other-interesting/id1441876259?i=1000459212910

SMP 20: The Solar Intrapreneur Story: How Nate helped IGS become one of the biggest solar asset owners in the US

https://podcasts.apple.com/tc/podcast/smp-20-solar-intrapreneur-story-how-nate-helped-igs/id1441876259?i=1000432329129

We would like to thank Positive Deviancy for sponsoring this episode of the podcast.

Jade Garrett, founder of Positive Deviancy, is a Power Connector for the DOE’s American-Made Program. Since 2018, Positive Deviancy has helped over 400 teams access $14 million in innovation funding from the American-Made Challenges.

Email: [e-mail]

Website: www.PositiveDeviancy.com/

Linkedin: https://www.linkedin.com/in/jadegarrett/

Contact Jade directly via email to get help to apply for these Energy Prizes:

Community Power Accelerator Round 3 Prize - Due December 17th, 2024

The Community Power Accelerator R3 Prize is designed to fast-track the efforts of new, emerging, and expanding solar developers and codevelopers to grow multiple successful community-benefiting distributed solar projects. 25 teams are each awarded up to $400k.

TCU Energy and Food Sovereignty Nexus Prize - Due December 4th, 2024

The Energy and Food Sovereignty Nexus Prize encourages Tribal Colleges and Universities (TCUs) to develop student-led demonstration projects that increase their knowledge on clean energy and food sovereignty on TCU campuses. 30 TCUs can be awarded up to $250k for energy projects.

Join Reneu Energy, Positive Deviancy and the Solar Maverick Podcast for the Winter Solstice Fundraiser

Celebrate the holidays with us at the Winter Solstice Fundraiser, hosted by Reneu Energy, Positive Deviancy, and the Solar Maverick Podcast. This special evening will take place on Wednesday, December 4th, from 6 PM to 10 PM at Hudson Hall in Jersey City, NJ. We'll also be raising funds for the Let's Share the Sun Foundation, which aids impoverished communities in harnessing solar energy.

Event Highlights:

• Venue: Hudson Hall, a Czech biergarten and smokehouse co-owned by Benoy, CEO of Reneu Energy.
• Time: 6 PM to 10 PM, with an open bar from 6 PM to 8 PM and delicious food throughout the evening.
• Tickets: Early Bird Pricing of $65 per person. The pricing would be $75 starting on 11/27. You can RSVP using the link provided below.

Partnership with Grand Stand Sports & Memorabilia: We're excited to partner with Grand Stand Sports & Memorabilia, who will be offering sports memorabilia and experiences for sale. A portion of the proceeds will benefit the Let's Share the Sun Foundation.

Sponsorship Opportunities: If you're interested in sponsoring this event and helping make a difference, please contact us at [e-mail].

https://www.tickettailor.com/events/reneuenergy/1448299

Nate was referring to SolarWakeup which is daily email newsletter about the major events in the solar industry. The link is below.

https://www.solarwakeup.com/subscribe-2/