Director of Project Development

Company Overview

174 Power Global, headquartered in Irvine, California, is an affiliate company of Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. 174 Power Global designs, builds and manages renewable energy solutions. The company brings a decade of global leadership in renewable energy to North America, combining best-of-world technology, processes, and partnerships to deliver utility-grade energy solutions customized for local energy markets. 174 Power Global offers the full spectrum of energy solutions – from power plant development, design, construction, operations, and maintenance. With proven capabilities across the renewable energy value chain, 174 Power Global minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in renewable energy.

Position Overview

The Director of Project Development will act as business developer for specific U.S. and/or international projects. Responsible for managing all phases of solar project development, including the identification, evaluation, and realization of projects. The Director of Project Development will collaborate with the local team, and will act as a mentor to, and leader of, junior team members. This position reports to the Senior Vice President of Project Development or another senior management personnel that the President of the Company may designate. This position is expected to travel up to 50% of the time.

Responsibilities

• Director will be responsible for the planning and execution of business development opportunities from identification of opportunity through completion;
• Overall responsibility for identifying and securing renewable power customers and/or transactions, and managing the pipeline of prospects;
• Works with Senior Management to identify and develop business opportunities to acquire or develop new power facilities in attractive U.S. and/or international markets;
• Interfaces and coordinates with a highly energetic and results-driven multi-disciplinary team of internal Hanwha resources and external consultants to ensure the viability of identified projects through thorough analysis and appropriate project management;
• Participates in or leads due diligence of projects, as appropriate;
• Serves as liaison between the project development and financial analysis teams to ensure that the deal structure, economic and tax assumptions are properly analyzed;
• Set up a detailed schedule for each task & milestone;
• Keep monitor and manage milestones and prepare routine progress reports
• Prepares presentations to Senior Management as requested;
• Develops and maintain relationships with U.S. and/or international industry contacts, which includes key business and government customer relationships;
• Obtains supporting data including competitive intelligence on market opportunities for new projects;
• Closely follows industry trends and competitor activities, including regulatory/ financial incentives, power pricing and structured financing transactions;
• Prepares project budgets and assists Management in the completion budget reviews;
• Understands permitting requirements, negotiate and obtain the necessary development permits (which includes relevant environmental, local, state, and federal permits and waivers) for our solar projects;
• Focus on putting together, negotiating, and obtaining interconnection agreements with utilities that may be in different markets;
• Work with different internal teams to negotiate contract terms (project finance, engineering, project management, procurement and legal);
• Adhere to all company policies, procedures, and business ethics codes; and
• All other duties as assigned by the Senior Director of Development.
  
  
  

REQUIRED QUALIFICATIONS

• Minimum of 5 years of increasingly responsible experience in the development of renewable energy, particularly solar PV, power projects in U.S. or international power origination, business development, project development, marketing, or comparable experience
• Bachelor’s degree in Engineering, Mathematics, Business, or similar discipline (Graduate degree preferred)
• Willingness to travel, up to 50% of the time
• Previous applicable experience working in a commercial negotiation environment with excellent commercial management, negotiation and influencing skills
• Experience in managing the solar energy development process
• Intimate knowledge of the renewable energy power market and its dynamics; the ability to stay current with changing technologies, regulations, and trends, including building and maintaining strong relationships with off-takers and industry leaders
• Impressive track record closing renewable energy deals
• Must possess an eye for broad strategy and general management and entrepreneurial expertise acquired through leadership positions in the solar and renewable energy industry
• Strong prioritization, communication, and organizational skills; and the ability to quickly work into new tasks and accommodate with new circumstances
• Must have an entrepreneurial attitude and a diplomatic approach
• Excellent written and verbal communication skills
  
  
  

Attention external recruitment firms, we will not accept any unsolicited resumes at this time. Please do not contact any internal member of our company to discuss the position or to solicit candidates.

174 Power Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.