SMP 301: Solar's Next Chapter: Affordability, Storage and the Grid

Episode Summary

In this episode of the Solar Maverick Podcast, Benoy Thanjan speaks with Sachu Constantine, Executive Director of Vote Solar, about why state-level policy is becoming increasingly important to the future of solar.

They discuss major industry challenges including interconnection delays, permitting, policy uncertainty, and rising electricity demand from AI, data centers, EVs, and electrification. Sachu also explains how solar plus storage can improve grid reliability and how emerging solutions such as plug-in or balcony solar could expand access to renters and apartment residents.

Despite political and regulatory headwinds, Sachu remains optimistic about solar’s future because of falling costs, improving technology, growing consumer demand, and the need for faster deployment of new electricity generation.

Biographies

Benoy Thanjan

Benoy Thanjan is the Founder and CEO of Reneu Energy, a solar development and consulting firm, and the host of the Solar Maverick Podcast. He also serves as a strategic advisor to multiple cleantech startups.

Over his career, Benoy has developed more than 100 MWs of solar projects across the United States, advised on more than 1 GW of energy projects worldwide, helped launch some of the first residential solar tax equity funds at Tesla, and brokered approximately $50 million in renewable energy credit transactions.

Before founding Reneu Energy, Benoy worked in Tesla’s Project Finance Group as an environmental commodities trader, where he managed one of the company’s largest environmental commodities portfolios. He originated renewable energy credit transactions and worked with senior leadership to develop monetization and hedging strategies supporting the company’s expansion into East Coast markets.

Benoy also served as Vice President at Vanguard Energy Partners, a solar and energy storage construction company, where he developed project finance solutions for commercial-scale solar portfolios. At Ridgewood Renewable Power, a private equity fund with approximately 125 MW of U.S. renewable energy assets, he evaluated investment opportunities, supported portfolio strategy, and played a key role in the sale of the firm’s renewable energy portfolio.

Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and in Financial Advisory Services at Ernst & Young. He also completed an internship on the trading floor at D. E. Shaw & Co., a global investment and technology development firm.

Benoy holds an MBA in Finance from Rutgers University and a Bachelor of Science in Finance and Economics from the NYU Stern School of Business, where he was an Alumni Scholar.

Sachu Constantine

Sachu Constantine is the Executive Director of Vote Solar, where he leads the organization’s strategy and advocacy to expand access to affordable, equitable clean energy. He previously served as Vote Solar’s Regulatory Managing Director from 2017 to 2022 and as Interim Executive Director in 2021.

Before joining Vote Solar, Sachu spent five years as Director of Policy at the Center for Sustainable Energy, overseeing its policy, regulatory, and legislative work. His career also includes senior roles at SunPower Corporation, the California Public Utilities Commission, and the Alliance to Save Energy.

Sachu’s experience spans domestic and international energy and environmental work, including service as a Peace Corps volunteer in Ghana. He holds a Bachelor of Arts in International Affairs from the University of Colorado Boulder and a Master’s Degree in Public Policy from the University of California, Berkeley.

Stay Connected: Benoy Thanjan

Email: [email protected] LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com Website: https://www.solarmaverickpodcast.com/

Sachu Constantine

Linkedin: https://www.linked