Episode Summary
In this episode of the Solar Maverick Podcast, Benoy talks with Brian Lynch who is the Director in Sales and Business Development in Solar plus Storage for LG Electronics which manufactures high efficiency high quality PV modules solar panels in the US and South Korea. Jon speaks about a lot of interesting topics like residential solar customers will pay more for premium solar equipment and brand awareness matters, how to lower residential solar customer acquisition cost, and why solar assets are underperforming their initial production estimates.
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.
Brian Lynch
Brian Lynch is Director in Sales and Business, Solar plus Storage at LG Electronics. He works with accomplished sales team to expand market of LG's high efficiency and high quality PV modules (made in Huntsville, AL) and next-gen ESS products. Brian has 18 years of solar experience and is experienced in solar industry marketing, communications, and business development professional. Brian has been involved in hundreds of megawatts of solar projects that are generating clean energy around the world.
Sponsor:
Summit Ridge Energy
Thank you to Summit Ridge Energy for sponsoring this episode of the Solar Maverick Podcast!
Summit Ridge Energy is the leading owner-operator of community solar projects in the United States. The team has been a strong force within the U.S. commercial solar market for years and was instrumental in the creation of "virtual" power purchase agreements and associated financing structures. Summit Ridge Energy has leveraged this experience to launch Summit Ridge Capital, a dedicated funding platform that acquires pre-operational community solar and battery storage projects.
SRE also works with land owners across the country to maximize the value of their acreage by offering predictable lease income to host their solar farms.
From site identification and system design, to take-out financing and construction management, Summit Ridge is the most complete solutions provider in the community solar space.
https://srenergy.com
info@srenergy.com
Stay Connected:
Benoy Thanjan
Email: info@reneuenergy.com
LinkedIn: Benoy Thanjan
Website: https://www.reneuenergy.com
Brian Lynch
Website: https://www.lg.com/us/solar
Linkedin: https://www.linkedin.com/in/belynch/
Email: brian.lynch@lge.com
Articles that Brian has wrote are listed below.
There’s more to solar systems than module capacity
https://pv-magazine-usa.com/2020/07/06/yield-for-growth/
Underperforming solar assets shade the entire industry. Here is how to fix it
https://pv-magazine-usa.com/2021/03/10/underperforming-solar-assets-shade-the-entire-industry-here-is-how-to-fix-it/
2020: Top Takeaways on Selling Solar Through a Pandemic
https://solarindustrymag.com/2020-top-takeaways-on-selling-solar-through-a-pandemic
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This episode was produced and managed by Podcast Laundry (www.podcastlaundry.com)
SMP 37: Guest Episode - Making an Impact While Saving the World - Benoy Thanjan on the Create Your Life Series
SMP 36: The State of the Project Finance Market for Solar Energy
SMP 35: Development Capital Funding for Early Stage Solar Projects
SMP 34: The importance of solar estimating in the construction of a solar project
SMP 33: The New York Solar Market
SMP 32: The NJ Solar Market
SMP 31: Why Operations & Maintenance is so important for the useful life of the solar project
SMP 30: How to construct a great solar project
SMP 29: SREC 101
SMP 28: The Virginia Solar Market
SMP 27: How Climate Change has impacted the Economy? The PG&E Example.
SMP 26: A Developer's Perspective on the US Solar Market
SMP 25: Unique Customer Acquisition and Financing Solutions for the Commercial Energy Market
SMP 24: 2019 US Solar and Energy Storage Discussion and Solar Opportunity Zone Investment
SMP 23: Community Solar 101 with Suzanne Waters
SMP 22: US Solar Module Market Discussion and Female Entrepreneur’s Perspective with Lauren Carson
SMP 21: An Investor's Perspective on the US Solar Market
SMP 20: The Solar Intrapreneur Story: How Nate helped IGS become one of the biggest solar asset owners in the US
SMP 19: Customer Acquisition and Billing in Community Solar
SMP 18: Financing Platform for Renewable Energy Projects
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