About the Role
Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
In order for the global energy system to make the transition from a carbon-based grid, to a renewable energy grid, large scale energy storage must be introduced into the electricity system to balance intra-hour supply and demand. Energy storage is the enabler of high penetration variable renewable generation like solar and wind.
Plus Power is looking to hire an Associate Director of Project Development to be a functional lead of multiple projects within Plus Power’s portfolio in PJM/MISO territories. The Associate Director of Project Development will own the ultimate responsibility for site identification and acquisition, permitting, interconnection, and development strategy as well as leading the team developing the projects in that region. The Associate Director will have a sophisticated team of subject matter experts who will provide support for specific discrete deliverables such as real-estate, permitting, cost estimates, commercial strategy and interconnection process navigation. Leadership of this cross-functional team in order to bring a project to the Notice to Proceed Stage (“NTP”) will be the ultimate responsibility of the Associate Director. Upon NTP, functional responsibility of the project will be transferred to Plus Power’s Engineering, Procurement and Construction (“EPC”) team, where the Associate Director and his team will support EPC as necessary.
Responsibilities
- Manage one direct report, a Project Development Manager, to successfully de-risk and advance projects in the PJM/MISO region
- Site identification, acquisition and due diligence: utilize Plus Power’s processes and work with the Real Estate team to identify and acquire project sites to then bring them through the diligence process
- Project development: lead the strategy to manage the project pipeline in the region and execute on complex milestone deliverables across a network of stakeholders
- Risk management: collaborate with Plus Power’s development team to uncover and mitigate real estate, permitting, interconnection, finance and EPC risks for a portfolio of projects
- Permitting: work with the permitting team to create a strategy and execution plan for the State permits in the region
- Project management: problem solving nuanced site, permit, and technology issues with internal experts and external stakeholders
- Project finance: understand the key financing elements of a project and ensure that all projects and deals continue to meet or exceed financial hurdles. Support the finance team on the financing process of each new deal
- Commercial strategy: Work with the Markets and Commercial team(s) to identify and quantify opportunities, then support the commercial team on RFP submittals
- Contract negotiations: work with the subject matter experts during negotiations of terms and conditions of tolling agreements, permitting documents, interconnection or other ISO agreements to protect the commercial sensitivities of each deal
- Interconnection: Work with the Transmission and Interconnection team to identify and quantify the requirements, key decision dates, and other risks to inform decision making for the respective project region
- Deal execution: providing support in closing and financing each new deal
Qualifications
- 7-10+ years of experience in renewable energy project development
- Have experience with the Ohio Sitting Power Board (OPSB)
- Have managed at least one direct report in previous roles
- Preferably have led full project lifecycle completion of multiple power generation or transmission projects from greenfield site origination through NTP
- Have understanding of the transmission interconnection process and specific energy market dynamics in PJM/MISO
- Proven experience completing all of the following agreement types:
- Site lease or purchase agreements
- Contracting 3rd party studies and deliverables from environmental and engineering consultants
- Site Plan and Building Permit approvals
- State permitting procedures in Ohio and preferably another State in the region
- Interconnection agreements
- Power purchase or tolling agreements
- MIPA / PSA for project disposition / acquisition
- Preferably worked in an organization which has developed an energy storage project
- Preferably living in the PJM/MISO region
- Creative independent thinker; demonstrated ability to work both independently and as part of a diverse team
Compensation, Location, and Benefits
Highly-competitive remuneration from one of the nation’s most exciting leaders in the energy storage markets. Flexible, work from home locations acceptable for the long-term, or hybrid work from Plus Power’s offices in San Francisco or Houston.
The expected salary range* for this position begins at $190,000. Factors that may be used to determine the final compensation include relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual discretionary bonus program.
Plus Power offers a comprehensive benefits program, unlimited vacation, flexible remote work, and a highly engaging company culture with opportunities for growth.
The deadline* for applying to this role is 60 days from January 2, 2024.
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