TESTIMONIALS
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.
Episode Summary
Benoy and Jim discuss how utility scale and community solar are leading changes in the solar industry, in addition to the unprecedented shift in the cost of solar finance, as hard costs in building solar have little room to decrease. From policy involvement to networking, Jim shares invaluable insights into the solar industry, a successful career as an entrepreneur, and the incredible benefits and importance of philanthropic work.
Bill Dunn
“Jim has had extraordinary success in business and I think there are a lot of reasons for that. Not only does he have his business partner’s backs but at the same time he has the back of the client. And he balances that between fairness and a belief that he does what he does for the overall benefit of everybody.”
Lyle Rawlings
“What I really appreciate about working with Jim is that he always has a strong moral center. There is always a lot of attention to ethics and integrity in everything that Jim does, and I especially appreciate that he knows the meaning of loyalty to partners.”
Joe Carbine
“Jim always brings a teamwork atmosphere, he never gives up, and he always is very creative in his approach of offering a solution.”
Senator Parker
“Jim Spano is a real leader in the solar power industry.”