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Associate Manager Power Marketing & Origination

ZipRecruiter, Houston, Texas, United States, 77246

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Job DescriptionJob Description

COMPANY OVERVIEW Hanwha Renewables, headquartered in Irvine, California, a member of Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. Hanwha Renewables 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. Hanwha Renewables 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, Hanwha Renewables minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in renewable energy. POSITION OVERVIEW The Associate Manager, Power Marketing & Origination is responsible for marketing a portfolio of solar, solar and storage, and stand-alone storage assets in the US the US power markets, while acting as brand ambassador for the company. This position reports to the Director of Power Marketing & Origination, or another management personnel that the CEO of the Company may designate. This position reports to the Director of Power Marketing & Origination, or another management personnel that the CEO of the Company may designate. This position is expected to travel up to 25% of the time.

KEY RESPONSIBILITIES

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

Create and maintain a commercial thesis and executable strategies for each market/region

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

Screen RFPs and work with developers to identify projects appropriate for customer's needs

Provide guidance to developers utilizing market intelligence and customer feedback

Engage in customer facing initiatives to originate PPAs, or other contract structures (VPPAs, BTAs, APA/EPCs), with IOUs, municipals, cooperatives, CCAs and Retail Aggregators

Build a database of key customers

Regularly call on key targets to market projects and record action items, schedule follow-ups, and highlight actionable intelligence to best position the company for future opportunities

Take advantage of networking opportunities by attending industry conferences, association meetings, and customer meetings

Assist/Lead the preparation of materials for internal approval process (e.g. investment memoranda and presentations to senior management)

Assist with gathering market intelligence through industry news sources, subscriptions, and professional networks and share with the development team

Contribute to legislative and regulatory advocacy to promote and enhance company assets and development opportunities

Monitor and analyze regulatory filings and manage participation in applicable regulatory proceedings, including advocating positions with industry associations

Learn and stay current with creative and innovative offtake structures which reduce risk and maximize value where possible

Provide input to the Finance team regarding contracting structures and market pricing to facilitate compelling proposals to customers

Support the M&A team by participating in acquisition processes including the diligence of offtake agreements and providing market analysis to the deal lead

REQUIRED QUALIFICATIONS

5+ years of experience in power marketing, trading, origination, or similar efforts at an IPP or utility provider

Bachelors degree in business, finance, economics, risk management, or engineering, or a related field, MBA is a plus

Participated in the process of a successfully negotiated PPA or BTA, or similar contract type

Knowledge of structuring and negotiating offtake deals, including financial hedges, VPPAs, tolling agreements, and other evolving structuring instruments

Knowledge of U.S. utility-scale solar development, power markets, and customer segments

Understanding of battery storage contracting structures is a plus

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

Travel to Irvine, CA office, on occasion, for collaboration with colleagues and strategic business meetings

Travel: up to 25%, at times, to support the needs of the business

$135,000 - $155,000 Salary

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.

Hanwha Renewables provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to , , , , , , or genetics.