Webinar: The New Boom in Solar + Battery Storage: Things are heating up!

Infocast

Webinar | September.20.2018 | 10am - 11am (Pacific Daylight Time)

Increased renewables penetration, declining capital costs, progressive state mandates and other trends have contributed to the boom in battery storage in recent years. Today, utilities and other offtakers around the country are actively procuring battery storage, and are especially interested in “hybrid” solar + battery storage projects.

Webinar discussion items include:

  • Update on current market in energy storage and solar + battery storage projects
  • Today’s solar + battery storage project deal structures, and key issues and challenges involved
  • Issues and potential solutions for financing solar + battery storage projects
  • Operational, commercial and tax considerations in designing and structuring solar + battery storage projects
  • The most active domestic and international markets for solar + battery storage projects

Webinar panelists:

  • Les Sherman, Partner, Orrick Herrington & Sutcliffe LLP
  • Rohit Sachdev, Partner, Orrick Herrington & Sutcliffe LLP
  • Greg Brehm, Director of Power Resources, Marin Clean Energy
  • Fleming Ray, Senior Project Manager, DNV GL

Practice:

  • Energy & Infrastructure Sector
  • Energy
  • Infrastructure
  • Renewable Energy
  • Energie
  • Solar Energy
  • Wind Energy
  • Energy Storage
  • Mergers and Acquisitions

Les Sherman Partner

San Francisco

Chambers publications identify Les as a Leading Lawyer and report that clients say Les is an “icon in California in the renewables space”, has "notable expertise spanning solar and wind generation projects as well as battery storage development" and has “established a reputation as the go-to guy in California”.  Chambers also reports that Clients say Les has "a brilliant mind," "his finger on the pulse of the market" and "a very good eye for detail when thinking through practical agreements and understanding how it is all going to work in practice". Clients note "he is one of the best PPA lawyers in the business." Les also is recognized by Euromoney, The Legal 500 and The Expert Guides as a Leading Lawyer in energy project development, M&A and finance.

Les represents many of the industry’s leading companies on project development, financing and M&A transactions for solar, wind, energy storage, biomass, gas and similar projects. Les has led the Orrick team’s thought leadership in the growing battery and hydrogen energy storage market, has published numerous articles on the topic, and has served as lead counsel on many of the largest storage and renewables+storage transactions completed to date.

740

Practice:

  • Energy & Infrastructure Sector
  • Energy
  • Infrastructure
  • Renewable Energy
  • Wind Energy
  • Energy Storage
  • Mergers and Acquisitions

Rohit Sachdev Partner

San Francisco

Rohit has extensive experience in the solar, wind, energy storage, and biofuel sectors, and has advised on numerous award-winning transactions. He is recognized by Chambers USA and Chambers Global in the Projects: Renewables & Alternative Energy category. Rohit’s clients describe him as “excellent,” “knowledgeable,” “timely in his work,” “commercially-oriented,” “very plugged into the market” with a “great demeanor."

In recent years, Rohit's practice has focused particularly on project development and project M&A transactions. He has successfully negotiated many GWs of "physical" and "virtual" PPAs and tolling agreements, as well as a variety of construction, supply and other development arrangements. Rohit has also represented clients on the purchase and sale of renewables projects in various U.S. jurisdictions, as well as joint venture and other project asset arrangements. He has particularly focused on the development, financing and sale of domestic and international energy storage projects, including stand-alone, hybrid, front-of-meter and behind-the-meter projects.

Rohit co-leads Orrick’s South Asian Inclusion Network and served as a Fellow for the Leadership Council on Legal Diversity.

He started his legal career at an international law firm in New York, where he focused on project development and project finance transactions across the globe. Prior to law and business schools, Rohit was an investment banking analyst at Credit Suisse in San Francisco where he provided M&A and financial advisory services to technology companies in Silicon Valley.