Episode Summary
In this episode of the Solar Maverick Podcast, Benoy speaks with David Magid who is Managing Member and Founder of YSG Solar which is a solar developer based in New York City with a solar pipeline in excess of 100MWs. David speaks about many interesting topics like how to develop a good solar project, what are great markets in the US to develop solar, and how the grid should compensate energy storage.
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.
David Magid
David Magid is the managing member at YSG Solar which is a solar developer based in NYC. In 2018, Forbes recognized David’s leadership and listed him the “30 under 30” list in the energy sector. David has been involved with Community Solar development since 2015, with over 20 MW Residential Community Solar of executed projects and a 250 MW pipeline of utility and DG solar projects. YSG has executed power purchase agreements with clients such as the New York Military Academy, the New York Botanical Garden , The City of New York and many other local municipalities ,counties and towns.
Stay Connected:
Benoy Thanjan
Email: info@reneuenergy.com
LinkedIn: Benoy Thanjan
Website: https://www.reneuenergy.com
David Magid
Website: https://www.ysgsolar.com
Linkedin: https://www.linkedin.com/in/davidmagid/
David was interviewed on Episode 9 of the Solar Maverick Podcast. Below is the link to the interview on Podbean.
https://solarmaverick.podbean.com/e/smp-09-how-david-started-his-solar-company-with-david-magid-from-ysg-solar/
David’s Books Suggestions
Rumsfeld Rules
https://www.amazon.com/Rumsfelds-Rules-Donald-Rumsfeld-audiobook/dp/B00CI9C1C6/ref=sr_1_1?crid=QZKNXMW9FDRI&keywords=rumsfeld+rules&qid=1638807802&sprefix=Rumsfeld+ru%2Caps%2C154&sr=8-1
The Firm: The Story of McKinsey and Its Secret Influence on American Business
https://www.amazon.com/The-Firm-Duff-McDonald-audiobook/dp/B00EA2HXZO/ref=sr_1_1?crid=2IGDL9KM8P364&keywords=the+firm+the+story+of+mckinsey&qid=1638808012&sprefix=story+of+mckinsey%2Caps%2C175&sr=8-1
The Power Broker: Robert Moses and the Fall of New York
https://www.amazon.com/Power-Broker-Robert-Moses-Fall/dp/0394720245/ref=sr_1_1?crid=1SBZUVUYQHZHZ&keywords=power+broker+robert+moses&qid=1638808061&sprefix=power+broker%2Caps%2C195&sr=8-1
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This episode was produced and managed by Podcast Laundry (www.podcastlaundry.com)
SMP 80: Deep Insights and Predictions on Solar and Energy Storage Technology and Quality Trends
SMP 79: Building the Solar Future Through Solar Forecasting
SMP 78: Social Dynamic Selling System For Solar Energy
SMP 77: Expert Insights: Driving Growth in the Energy Storage Industry
SMP 76: How CS Energy has grown rapidly and differentiated itself from other solar installers?
SMP 75: Mid-Year Solar Trends 2020
SMP 74: Impacts of COVID-19 on Residential Solar
SMP 73: Policy Discussion on the NJ and NY Solar Market
SMP 72: COVID-19 Impacts on the Solar Industry
SMP 71: Guest Episode - Renewable Energy Goals - Benoy Thanjan on the Create Your Life Series
SMP 70: Insights and Perspectives from the CEO of Canadian Developer that is developing large number of solar projects in the US
SMP 69: Solar/Roof Integrated Funding Program
SMP 68: A great team and technology platform has allowed CleanCapital to increase substantially their ownership of solar assets
SMP 67: Investor/Developer's Perspective on the Indian Solar Market and Other International Markets
SMP 66: How Relationships Allow an Investor to Scale Ownership of Solar Projects
SMP 65: 20 Year Solar Veteran and Entrepreneur Provides Perspective on the Solar Market
SMP 64: How Solar is Powering Extra Space Storage.
SMP 63: 2020 Solar Predictions and Trends
SMP 62: Impact of Renewable Energy on the Future of Real Estate
SMP 61: Guest Episode - Start-Up Accelerator, Investing, Solar & Podcasting with Benoy Thanjan on The Formula
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