Solar Maverick Podcast · 2026-06-04 · 56 min
In this episode of the Solar Maverick Podcast, Benoy Thanjan speaks with Russell Laplante, Chief Financial Officer of Convergent Energy and Power, one of the leading battery storage developers and operators in the United States. Russ shares his nearly two-decade journey in renewable energy from his Goldman Sachs training program to becoming the first employee at wind startup Own Energy in 2007, through utility-scale solar at Tradewind Energy and Savion, and now leading the financial strategy at Convergent's distributed and utility-scale battery storage platform. The conversation covers Convergent's business model working with commercial and industrial customers on behind-the-meter battery and solar-plus-storage projects, how they save C&I customers up to 40% on their energy bills, and how batteries help utilities defer costly transmission and distribution upgrades. The episode dives deep into the financing of battery storage, including tax equity, portfolio debt financing, partnership flip structures, and why distributed generation requires a fundamentally different capital strategy than utility-scale projects.
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