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Back to EpisodesSMP 281: Policy Certainty, FEOC, and the Future of Behind-the-Meter Solar
Description
The League Episode #49 – Show Notes
In this episode of The League, Benoy Thanjan and David Magid break down the latest clean energy trends. Benoy discusses why policy certainty matters for solar and storage, how clean energy tax credits impact project economics, and why commercial real estate owners are increasingly treating behind-the-meter solar as a profit center. David covers solar module cost trends, FEOC-compliant versus non-FEOC-compliant equipment, inverter and racking costs, and Brookfield’s joint venture with The Nuclear Company.
Host Bio: Benoy Thanjan
Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions.
Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla’s Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market.
As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm’s renewable portfolio.
Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund.
Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar.
Connect with Benoy on LinkedIn: https://www.linkedin.com/in/benoythanjan/
Learn more:
https://www.solarmaverickpodcast.com
Host Bio: David Magid
David Magid is a seasoned renewable energy executive with deep expertise in solar development, financing, and operations. He has worked across the clean energy value chain, leading teams that deliver distributed generation and community solar projects. David is widely recognized for his strategic insights on interconnection, market economics, and policy trends shaping the U.S. solar industry.
Connect with David on LinkedIn: https://www.linkedin.com/in/davidmagid/
If you have any questions or comments, you can email us at info@reneuenergy.com.
Solar Maverick Podcast Updates
In this episode, Benoy Thanjan shares key updates with the Solar Maverick community, including upcoming events, speaking engagements, and ways to stay connected.
Benoy is hosting the Summer Solstice Fundraiser on June 4th in Jersey City at Hudson Hall, bringing together the clean energy community for an evening of networking and impact. The event supports Let’s Share the Sun, a nonprofit delivering solar and energy storage solutions to underserved communities in Puerto Rico, including families with critical 24 hour energy needs. The event will run from 6 PM to 10 PM and includes food, networking, and a special program at 8 PM featuring insights from the Let’s Share the Sun team, delegation participants, and event sponsors.
This will be Benoy’s third delegation in the past year, and he highlights the importance of meeting benefici