Speeding the Energy Transition
Aug. 9, 2022

Nobel Chang, Cofounder and Managing Partner of Palladium Energy | A Deep Dive into the Ups & Downs of the Solarcoaster Ep.97

Nobel Chang, Cofounder and Managing Partner of Palladium Energy | A Deep Dive into the Ups & Downs of the Solarcoaster Ep.97

Solar is an unpredictable industry. 

Government incentives drive an uptick in the market for a few years. And then high-profile bankruptcies and severe tariffs put the brakes on development for a year or two.

But those of us committed to renewables for the long term keep moving forward, developing the grit it takes to navigate the ups and downs of what we call the solarcoaster.

Nobel Chang is Cofounder and Managing Partner at Palladium Energy, a utility-scale solar investor and developer headquartered in Jacksonville, Florida, where he leads all things business development and commercial strategy.

A veteran of the renewables industry, Nobel got his start in 2009 with a semiconductor company building off-grid systems for rural applications in Africa and Asia before starting his own development shop in 2014 and building Palladium in 2019.

On this episode of Clean Power Hour, Nobel joins Tim to share his experiences in 13 years on the solarcoaster, explaining how his first major downturn was caused by the Solyndra bankruptcy in 2011.

He describes how tariffs on solar equipment and the SunEdison bankruptcy impacted the solar industry and discusses how to hedge against the volatility by working in multiple markets.

Listen in for insight around the current challenges associated with the antidumping and countervailing duties (AD/CVD) and find out why Nobel sees a bright future for the solar industry despite its ups and downs.

Key Takeaways

The volatility and unpredictability of the solar industry that fuels the solarcoaster

How Nobel experienced his first major downturn after the 2011 Solyndra bankruptcy

What happened in 2012 when the Obama administration put tariffs on equipment

How the 2016 SunEdison bankruptcy put a freeze on solar finance

How the 2016 downturn inspired Nobel to develop projects in markets abroad

How Trump era tariffs on imported solar panels dealt a major blow to renewables

The grit and creativity required to build a career as an entrepreneur in the renewables space

How the current antidumping and countervailing duties affect module pricing

How to hedge against the ups and downs in solar by working in multiple markets

Palladium’s role as a utility-scale solar and solar+storage investor and developer (and why storage is being tacked on to most solar projects now)

How the transition to wind, solar and storage signals a bright future for renewables

Connect with Nobel 

Email nchang@pd46energy.com 

Connect with Tim  

Clean Power Hour  

Clean Power Hour on YouTube

Tim on Twitter

Tim on LinkedIn 

Email tgmontague@gmail.com 

Review Clean Power Hour on Apple Podcasts

Resources

Topco Scientific

1603 Program

The Solyndra Scandal

SunEdison Bankruptcy

Jigar Shah on Clean Power Hour EP083

Auxin Solar

Trina Solar

PJM Interconnection

MISO Energy 

Sponsor  

Clean Power Consulting Group

The Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Please subscribe on your favorite audio platform and on Youtube: bit.ly/cph-sub | www.CleanPowerHour.com | contact us by email:  CleanPowerHour@gmail.com | Speeding the energy transition!