Streamlining Clean Energy Finance with Amanda Li | EP179
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Description
Please take our listener survey. The clean energy transition requires an unprecedented deployment of wind, solar, storage, and emerging technologies across the globe. However, friction and complexity in financing these projects remain key obstacles to reaching scale. Our guest today sees a major opportunity for software innovation to unlock abundant capital and accelerate the energy transition. Today on the Clean Power Hour Tim Montague interviews Amanda Li, Chief Operating Officer and co-founder of Banyan Infrastructure, an innovative software platform aiming to accelerate and simplify project finance for the clean energy transition. Amanda has an impressive background, serving as the 3rd employee and first non-founder at Generate Capital, a leading sustainable infrastructure investment firm started by solar industry legend Jigar Shah. At Generate, Amanda saw firsthand the difficulties and inefficiencies in financing renewable energy projects. She co-founded Banyan in 2018 to streamline and standardize the project finance process, making clean energy investing accessible for more participants. In this episode, Amanda explains how Banyan's software Platform reduces costs, quickens processes, and enables liquidity across the project lifecycle - from origination to risk management. Banyan aims to automate manual workflows plagued by spreadsheets while also providing portfolio analytics and compliance tools. Amanda sees abundant opportunities to accelerate solar, wind, storage, and emerging technologies under the landmark Inflation Reduction Act. However, she notes the IRA's benefits also introduce complexities around tax credit eligibility and reporting. Banyan seeks to simplify IRA compliance to maximize the law’s impact. Key Takeaways How specifically does Banyan Infrastructure's platform streamline workflows and reduce costs for asset owners, developers, and investors in renewable projects?What is Banyan's long-term vision for transforming clean energy project finance? What does success look like in 5-10 years?What innovative data products could come from aggregating project performance data on Banyan's platform?Why should renewable energy developers and funds think "digital first" and adopt modern software early instead of relying on spreadsheets? Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTube Tim on Twitter Tim on LinkedIn Email [email protected] Review Clean Power Hour on Apple Podcasts The Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: [email protected] Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/ The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com
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