Episode Details

Episode Summary

In this episode Benoy Thanjan, Patrick Morand, and Victoria Zelin present about Developing Renewable Energy In Opportunity Zones at the Opportunity Zone Bootcamp hosted by Brownfield Listing Event in NJ in October 2019. Benoy presents a high-level recap of current federal solar incentive programs and the NJ solar market.  Patrick provides details on qualified opportunity zones investments and outlines project financing for solar investments. Victoria gives an in-depth overview on the success of Property Assessed Clean Energy (PACE) and Commercial Property Assessed Clean Energy (C-PACE) program financing in the renewable energy market.

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.

Patrick Morand

Patrick practices in the area of energy regulatory law and renewable energy development. Mr. Morand counsels energy clients, including electric utilities, electric distribution companies, regional transmission organizations (RTOs), renewable energy developers, and financial institutions before the Federal Energy Regulatory Commission (FERC), state public utility commissions and other federal and state agencies.  Mr. Morand has extensive experience in a wide range of energy regulatory matters involving the Federal Power Act (FPA), Public Utility Holding Company Act (PUHCA) and Energy Policy Act of 2005 (EPAct 2005). Mr. Morand also counsels clients in the development of power purchase agreements (PPA); engineering, procurement and construction (EPC) agreements; interconnection agreements; and other project development agreements.

Mr. Morand is a graduate of The Catholic University of America Columbus School of Law, and a graduate of Michigan State University.

Victoria Zelin

Victoria is the Co-Founder of the Center for Regenerative Community Solutions (CRCS) and Director of Development for New Jersey PACE (NJPACE). She speaks publicly and has been published on the subject of sustainability; “Who Will Be the Rock Stars of Corporate Sustainability?” Science, Wisdom, and the Future: Humanity’s Quest for a Flourishing Earth, Collins Foundation Press, 2012.

Most recently, she sold Deloitte’s sustainability consulting services to major corporations. Previously, she sold organizational change consulting services to F500 companies. She is masterful at  getting to the heart of the issue, articulating a compelling case for change, and inspiring people to take action. Earlier, she co-founded the Sustainable Leadership Forum, a peer network in Central NJ that empowers people in their own sustainability initiatives.

Victoria has an MBA from Yale’s School of Management with a specialization in organizational development and a BA in cult