722: A 100-Year Vision for a new kind of Energy Company with Cherry Street’s Michael Chanin
Episode description
What does it take to build a 100-year business? How does one expand beyond integration of off-the-shelf products to branding power plants as a unique identifiable product? What does it take to secure an entire City’s rooftops…like Atlanta?
Michael Chanin, the CEO and founder of Cherry Street Energy, is bringing this ambitious vision to fruition. Chanin's team is embracing the power of renewables for transforming our infrastructure, and my meeting with him left me inspired. Chanin is not your typical investment-banker-turned-renewable-energy-entrepreneur. How this Macon, GA native found his way to banking is in itself an unlikely turn in his career. So, when he decided to leave Wall Street for Main Street, it was in many ways a return to his roots as a social anthropologist and activist at heart.
Chanin found his calling in the clean energy sector through his banking work with early financial pioneers like Vivint who were leveraging public markets to bring solar to neighborhoods around the country. But, he saw a gap (Opportunity) beyond the residential solar revolution in how these products (power plants) could benefit municipalities, universities, and communities writ large. What he built as a delivery mechanism, Cherry Street Energy, has quickly become Georgia’s foremost non-utility provider of renewable power! And, with over 1000 projects in the queue, Michael and the Cherry Street team are just getting started.
In this episode, discover:
- Cherry Street Energy’s unique approach to finance and deploy distributed energy resources.
- Culture, collaboration, kindness, and a long-term vision as essential ingredients to success.
- How Warren Buffett changed Michael’s career prospects
- Their Shine On program for workforce development “from blue collar to new collar”
- The operational fabric supporting Cherry Street Energy's progress.
Hit play to learn how Cherry Street Energy is paving the way for a sustainable, low-carbon future.
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