Senior Director of Power Marketing & Origination

Description

Title:

Senior Director of Power Marketing & OriginationDepartment:

DevelopmentLocation:

Irvine, CASupervisor:

Vice President of Power Marketing & OriginationFLSA Status:

ExemptPosition Status:

Permanent, Full-Time

Work Status (Remote/Hybrid/In-Office):

Hybrid

SUMMARY

The Senior Director of Power Marketing and Origination is responsible for identifying and executing offtake opportunities for utility scale solar, storage, and hybrid projects. The position is also responsible for identification, assessment, and execution of strategic partnerships with utilities and other customers for build-transfer opportunities. The successful candidate will have experience in directing power origination efforts across multiple market segments. This position reports to the Vice President of Power Marketing & Origination and is based out of Irvine, CA with working hours from 8:00am to 5:00pm or 9:00am to 6:00pm local time. This position is expected to travel up to 40%.

ESSENTIAL JOB FUNCTION & RESPONSIBILITIES

Act as commercial lead during the negotiation of power purchase agreements and build transfer agreements;

Build and maintain relationships with individuals in procurement roles at utility companies, municipalities, cooperatives, community choice aggregators, and corporate off-takers;

Develop commercial thesis for each market and provide intelligence to inform the development and acquisition strategy;

Identify new off-take opportunities through competitive solicitations and bilateral discussions;

Direct bid package preparation in response to offtake opportunities, including RFPs and RFIs for utility scale solar, storage, and hybrid projects throughout North America;

Develop creative and innovative deal structures and recommendations to support successful outcomes;

Stay current on market, industry, economic, consumer, and competitive trends;

Prepare investment memoranda and presentations for Senior Management;

Engage in industry groups and follow regulatory changes to identify new opportunities, risks, and market solutions;

Be technically astute with the full life cycle of utility solar project origination, development, and valuation;

Demonstrated experience closing utility scale power purchase agreements and/or build transfer agreements;

Deep knowledge and experience in the WECC and CAISO markets;

Regular attendance, in accordance with the company's attendance policy and supervisory assignment, is an essential job duty requirement for this position.

REQUIRED QUALIFICATION

Bachelor’s Degree or higher in business, engineering, sustainability, finance, or related field;

10+ years of experience in power marketing, trading, origination, or similar efforts;

5 years of experience managing teams;

Expert knowledge on structuring and negotiating offtake deals, including but not limited to financial hedges, VPPAs, tolling agreements, and other evolving structuring instruments;

Advanced knowledge of U.S. utility-scale solar development, power markets, and customer segments;

Experience structuring battery storage offtake agreements;

Requires the ability to stay current with changing technologies, regulations, and trends influencing the continued adoption of renewable energy;

Ability to quickly step into new tasks and adapt to new circumstances in a dynamic environment;

Experience successfully operating in a geographically dispersed organization is a plus;

Excellent interpersonal, time management, communication, and relationship-building skills;

Willing to travel up to 40% of the time in North America.

PHYSICAL DEMANDS

Stationary Position: frequently remains stationary up to 90% of the time and sitting up to 8 hours in a day;

Move/Traverse: infrequently bend, stand, stoop and/or walk;

Carry Weight: infrequently carry weight and/or lift objects (light to heavy) weighing up to 10 pounds;

Hearing and Speech: frequently communicates with the ability to hear and talk on a regular basis with employees, coworkers, and all personnel matters;

Sight: frequent use of sight to detect images on computer, office documents, and office objects near and far;

Climb: occasionally ascends/descends on stairway to get to office upper and lower floors;

Travel: up to 40% as needed.

WORK ENVIRONMENT

Regular professional, office business setting;

Noise level ranges from low to moderate (if in office setting);

Noise level ranges from moderate to high (if on construction worksite).

SALARY RANGE FOR POSITION

The anticipated starting pay range of this position, which is to be located in Irvine, CA is $210,000 - $250,000 base salary per year.

This job position is specific to Qcells USA Corp. only and not any other Hanwha affiliates. The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide.

Hanwha Qcells is proud to be an at-will Equal Opportunity Employer and prohibits discrimination against race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, pregnancy, citizenship, disability, protected veteran status and any other classification protected by applicable federal, state or local law.

#J-18808-Ljbffr