About our Guest:
As the Founder and CEO of Reneu Energy, Benoy Thanjan took his passion for sustainability and renewable energy and turned it into a company that has traded $27 billion in solar renewable energy credits (SREC). He attributes his success to his time working as a SREC trader in the Project Finance Group for SolarCity, a company that merged with Tesla in 2016. With a BS in finance and economics from the Stern School of Business and an MBA in finance from Rutgers University, Benoy has an extensive financial background. Having previously worked as the Vice President at Vanguard Energy Partners, he focused on project finance solutions for commercial scale solar projects. In addition, Benoy used his financial expertise while working for Ridgewood Renewable Power, Deloitte and Touche, Ernst & Young, and D.E. Shaw and Co. His current company Reneu Energy provides consultation for other companies looking to save money, modernize their energy use, and implement solar energy practices.
Episode Summary
Alternative energy sources have been gaining in popularity over the past several decades. However, public knowledge still lags behind when it comes to clean energy such as solar. Many people are unaware of the substantial benefits, including a reduction in financial burden, that result from switching to renewable energy. Benoy Thanjan, a juggernaut in the solar energy world, explains how he decided to make the leap to entrepreneurship, creating a company that combines his passion, his knowledge of finances, and his goal of making an impact in the world.
Insight from this episode:
Quotes from the show:
“Not getting overconfident. Continue to be humble. Continue to develop myself. Continue to add value to our clients.” - Benoy Thanjan, on being successful as an entrepreneur, Episode 134
“If I never tried starting my business, there would always be a regret in my life. Even if I failed, there would always be the regret of never trying.” - Benoy Thanjan, Episode 134
“I feel like entrepreneurship’s a lot about instincts and gut feel.” - Benoy Thanjan, Episode 134
“When you wait on people, you give your power away.” - Kevin Y. Brown, Episode 134
“They’re not willing to make the sacrifice and the discipline and put the work and take the failure. They don’t realize how much failure. They see the outside and they don’t see behind the scenes.” - Benoy Thanjan, on the misconception about starting a business, Episode 134
“A lot of times in entrepreneurship, you can’t control a lot of things that are happening. It’s a journey and it’s mentally controlling yourself. And mentally realizing what you can control and what you can make the difference. And there’s a lot of things you can’t control. And that makes a huge difference on being successful or not in life.” - Benoy Thanjan, Episode 134
“We’re focused on progression, not perfection.” - Kevin Y. Brown, Episode 134
Resources Mentioned:
Favorite Book:
Favorite Quote:
3 keys to Create Your Best Life:
Stay Connected:
Create Your Life Series:
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Kevin:
www.kevinybrown.com
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www.twitter.com/kevinybrown
www.facebook.com/kevbrown001
Benoy Thanjan:
www.reneuenergy.com
www.linkedin.com/in/bthanjan/
info@reneuenergy.com
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SMP 139: Opportunities and Challenges with the PJM Solar Market
SMP 138: North America Solar Manufacturer discusses how they differentiate from Foreign Competition
SMP 137: Discussion on Transferability Guidance for the Inflation Reduction Act with Adam from Foley & Lardner
SMP 136: Accelerating The Adoption Of Renewable Energy In The Pacific Islands
SMP 135: A Perfect Fit-Solar and Bitcoin
SMP 134: 2023 Solar Predictions
SMP 133: An Update on the IRA and current trade policy issues in renewables by Greg Wetstone who is head of ACORE
SMP 132: Update on the Great Progress of Let’s Share The Sun Foundation
SMP 131: How Technology and Software are innovating the Solar Industry?
SMP 130: A Pilot Episode for a New Podcast from Spencer and Benoy where they speak about topics of interest
SMP 129: Learn About a Great Non-Profit Called Let’s Share the Sun Foundation
SMP 128: How Enerflo is revolutionizing the residential sales process?
SMP 127: An Investor differentiates itself by assisting with project development.
SMP 126: Benoy Thanjan discusses what the Australian Solar Market can learn from the US Solar Market
SMP 125: Solar Expert Discusses Bitcoin and the Great Opportunity for Solar!
SMP 124: Landgate is innovating how solar developers and investors acquire land for solar projects
SMP 123: How Extensible Energy is changing how Solar Sales sells to Commercial Customers?
SMP 122: The author of the Freeing Energy Book Discusses How Local-Scale Solar and Batteries are Disrupting the Energy Industry!
SMP 121: DroneBase inspects solar projects at scale to increase energy output and mitigate risk.
SMP 120: Developer/Investor discusses scaling solar development and how to determine a new solar market
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