Solar Maverick Podcast SMP 269: Inside Europe’s Solar Market: Batteries, Grid Challenges, and the Next Wave of Growth
Episode Summary:
In this episode of the Solar Maverick Podcast, Benoy Thanjan speaks with Peter Pongratz, host of the Soliverse Podcast, about the current state of the European solar market and how it compares with the U.S.
Peter shares insights on the slowdown in European solar installations, the growing importance of battery storage, curtailment, negative pricing, permitting delays, and the need for better grid integration. They also discuss trends in hybrid solar-plus-storage projects, the rise of recycling as a major future opportunity, and how podcasting has become a powerful platform for learning and connecting across the renewable energy industry.
Biographies
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.
Peter Pongratz is the host of the Soliverse Podcast and works in solar consulting, SaaS sales, and business development. His podcast focuses on the B2B side of solar and features conversations with leaders across solar, storage, policy, and the broader energy transition.
Stay Connected:
Benoy Thanjan
Email: info@reneuenergy.com
LinkedIn: Benoy Thanjan
Website: https://www.reneuenergy.com
Website: https://www.solarmaverickpodcast.com/
Website: https://www.soliverse.energy/
Linkedin: https://www.linkedin.com/in/peterpongraczsaasz/
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Reneu Energy
Reneu Energy provides expert consulting across solar and storage project development, financing, energy strategy, and environmental commodities. Our team helps clients originate, structure, and execute opportunities in community solar, C&I, utility-scale, and renewable energy credit markets.
Email us at info@reneuenergy.com to learn more.