Episode Summary
In this episode of Solar Maverick, Nathan Jovanelly of IGS Solar, solar expert and thought leader, discusses his passion for bringing renewable energy to the low-to-moderate income (LMI) residential market, solar projects for non-profit organizations, and whether new legislation to keep the Solar Investment Tax Credit("ITC") at 30 percent will be passed. Nathan talks in detail about the benefits of Power Purchase Agreements (PPAs), along with solar battery inverters, and all things solar.
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. Reneu Energy has brokered $27 million in environmental commodity 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.
Nathan Jovanelly
Nathan Jovanelly is the Director of Business Development with IGS Solar and a thought leader in the solar industry. As an intrapreneur, Nate assisted with launching IGS Solar for both residential and commercial customers. IGS Solar started in 2014 has developed, owns, and operates more than 115MW of solar with another 25MW in construction. IGS Solar operates in 19 states, and has a booming residential division with more than 7,000 customers. In just a few short years IGS has become the 5th Largest Solar Developer based on 2017 data from GreenTech Media.
Insights from this episode:
Quotes from the show:
Podcasts Mentioned:
SMP 20: The Solar Intrapreneur Story: How Nate helped IGS with Benoy Thanjan and Nathan Jovanelly
Good by Jocko Willink
Resources Mentioned:
The Investment Tax Credit (ITC)
Power Purchase Agreements (PPAs)
How to Win Friends and Influence People by Dale Carnegie
Atomic Habits by James Clear
The Power of Habit by Charles Duhigg
Freakonomics by Steven D. Levitt and Stephen J. Dubner
Stay Connected:
Benoy Thanjan
Email: info@reneuenergy.com
LinkedIn: @bthanjan
Website: https://www.reneuenergy.com
Nathan Jovanelly
Website: IGS Solar
LinkedIn: Nathan Jovanelly, PE
Twitter: @NateJov
Email: Nathan.Jovanelly@igs.com
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This episode was produced and managed by Podcast Laundry (www.podcastlaundry.com)
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