Episode summary:
In this episode, Steve Raeder sits down to talk about the opportunities and challenges of solar over the past 10 years. Steve also discusses Summit Ridge’s focus on community solar and offering solar to the residential community and their initiatives throughout multiple states. Also, Summit Ridge is working to overcome the financing through the lenders to bring the solar option to more residential customers. Steve talks about the next phase of the company which is to own all the projects that they develop and co-develop.
About our Guests:
Benoy Thanjan
Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also 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 and utility scale solar plus storage projects. The company also sources financing for solar projects and hedges energy and environmental commodities. Reneu Energy has brokered $27 million in environmental commodities 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.
Steve Raeder
Steve Raeder CEO and Founder of Summit Ridge. In the beginning, the company’s focus was commercial customers, cities and federal agencies that Steve had worked with for years, but over time, Summit Ridge Energy changed to working with communities and developing community solar. They developed a nearly 7-megawatt community solar project in Maryland, and the company is heavily invested across Illinois. He was previously the managing director of Northeast Business Development a Sun Edison.
Insights from this episode:
Quotes from the show:
Stay connected:
Benoy Thanjan
https://www.reneuenergy.com
https://www.linkedin.com/in/bthanjan/
info@renewenergy.com
Facebook: Reneu Energy
Summit Ridge
linkedin.com/company/summitridgeenergy/
http://www.srenergy.com/
Steve Raeder
linkedin.com/in/steve-raeder-5283a0?trk=org-employees_mini-profile_cta
SMP 60: Developing Renewable Energy in Opportunity Zones
SMP 59: Lessons Learned from Clean Energy Entrepreneur Laura Taylor, CEO and Founder of Silverline Communications
SMP 58: Residential Solar Financing and Other Interesting Topics
SMP 57: Solar Power International 2019 Takeaways
SMP 55: Solar on Cannabis Grow Facilities
SMP 54: Cannabis Industry Overview and How Solar Can Be Incorporated at Cannabis Grow Facilities
SMP 53: Solar Permitting
SMP 52: PPA 101
SMP 51: Community Solar - New Jersey 101
SMP 50: We celebrate our 50th Episode and discuss the Solar Maverick Podcast Journey!
SMP 49: A Consultative Approach to Develop and Finance Solar Projects
SMP 48: Solar Panel Recycling and Entrepreneurship Advice
SMP 47: Financing Solar 101
SMP 46: Why Brownfields are Ideal Sites for Solar?
SMP 45: Productivity Tips and Entrepreneurial Advice from the CEO and Founder of the Number 1 Millennial Platform Called Mogul
SMP 44: Community Solar 201
SMP 43: 2019 Energy Storage Trends
SMP 42: Live Event - How Solar Technology is Changing the World!
SMP 41: Solar Entrepreneur Perspective on Development of Solar and Storage Projects
SMP 40: Strategies for the Low Income Population to Use Solar Power
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