Interchange Recharged

Dan Shugar, the King Midas of Solar


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Dan Shugar lives, breathes and bleeds solar. 

"If you cut my wrist, pure silicon comes out," he exclaimed in an interview with Powerhouse CEO Emily Kirsch, as part of the Watt It Takes interview series

This week, Shugar steps behind the microphone to talk about turning his passion for PV into deals and acquisitions worth over $1 billion.

Shugar has a storied career. Some call him the "King Midas" of solar, because he's turned so many ventures into gold. He's the former president of Powerlight, the pioneering developer acquired by SunPower in 2006. He's now CEO of the tracker company NEXTracker, which was sold to Flextronics for $330 million last year. 

In this edition of Watt It Takes, Shugar describes the moment he realized solar's potential while working for PG&E; how Powerlight was founded and funded; the risks he took when getting into solar; his passion for the environment; and why everyone is underestimating the growth of PV.

This conversation was recorded live in Oakland, California at Powerhouse. In the next episode, GTM Co-Founder Scott Clavenna takes the stage.

This podcast is sponsored by Schneider Electric. Want to protect yourself from escalating energy costs? Invest in a microgrid. Find out more: www.schneider-electric.us/microgrid

Listen to earlier episodes of Watt It Takes:

  • SunPower Founder Dick Swanson’s Guide to Launching a Cleantech Startup
  • Lessons From the Fall of Sungevity

Like our shows? Make sure to give The Interchange and The Energy Gang a rating and review on Apple podcasts. And make sure to subscribe to both shows on Apple podcasts, Google Play, Stitcher, or anywhere you get your podcasts.

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Interchange RechargedBy Wood Mackenzie

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