Energy StorageMergers and acquisitionsProject FinanceRenewable Energy Project DevelopmentSolar Energy
Useful technologies
CAISOERCOTMISOPJMSPP
Required qualifications
Field of studyBusiness, Engineering, Finance, Urban Planning (or related)
Study levelBachelor's
Original posting
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 Director of Project Development will be responsible for identification, assessment and execution of potential strategic partnerships, acquisitions and investments by the company. This position will also be responsible for managing the real estate, permitting and interconnection aspects of multiple utility scale photovoltaic (PV) solar and energy storage projects in targeted US markets. The Director of Project Development will also assist the Structured Finance team in the divestment of assets as well as in any third-party debt or equity financing. This position reports to the Vice President of Project Development, or another management personnel that the President of the Company may designate. The employee may be required to perform other job-related duties as requested by management. All duties will be assigned in accordance with applicable laws and company policies. This position is expected to travel up to 50% of the time.
The employee may be required to perform other job-related duties as requested by management. All duties will be assigned in accordance with applicable laws and company policies.
RESPONSIBILITIES
Regular attendance, in accordance with company's attendance policy and supervisory assignment, is an essential job duty requirement for this position
Identify acquisition and greenfield development opportunities for utility- scale solar and battery energy storage projects throughout North America
Perform detailed strategic and financial analyses, including company evaluations and financial feasibility studies of potential acquisition opportunities
Acquire and maintain information on market, industry, economic, consumer, and competitive conditions and trends
Engage in industry groups to identify new market solutions
Prepare acquisition/divestiture and other strategic transaction summaries and recommendations for Manage all matters related to real estate from initial site control to issuance of the final title policy. Assist in obtaining initial title commitments, assist real estate division to perform all require title curative to achieve the proforma policy in a form acceptable to the financier
Co-Manage title closing and issuance of the closing letter and final title policy with required endorsements with real estate team
Co-Manage all changes to the ALTA survey to provide a survey acceptable to the financier and the title company
Review and manage all lease agreements as well as any required amendments acceptable to the financing parties, including recoding the memorandums
Manage real estate land purchases and any sale lease backs
Obtain any needed easements in a form acceptable for financial close
Perform any subdivisions and or lot line adjustments needed for land acquisitions
Obtain any required crossing agreements such as, driveway, pipeline, transmission and distribution line, canal, DOT, communications, sewer and water, etc.
Acquire all permits needed to construct and operate utility scale solar and energy storage projects. Obtain all local land use approvals from the Authority Having Jurisdiction (AHJ), such as Conditional Use Permits, Zoning Authorizations, Zoning Letters, etc.
Obtain required State siting and or facilities permits, such as Certificates of Public Necessity (CPCN), Electric Merchant Permits (EMP), Electrical Siting Permits, etc.
Hearing preparation and lead face for the project at all Local and State land use hearings
Receive all environmental clearances from Local, State, and Federal agencies as applicable, such as CEQA, NEPA, SEQR, etc.
Perform historic and cultural resource studies and obtain clearance from the State SHPO as required Manage filings with the Federal Aviation Authority and any other effected airports
Evaluate and obtain any required threatened and endangered species initial screening, protocol surveys, and any required State or Federal take authorizations or permits. This includes consultations per Section 7 of the ESA, Section 10a Take Permits, or any State Take Authorization
Manage wetland surveys, filing of Preliminary and/or Approved Wetland Jurisdictional Determinations (PJD/AJD), and applying for and receiving approval of Preconstruction Notices (PCN) for issuance of the required Nationwide Wetland Permits
Manage interconnection applications through the process until commercial operation
Working knowledge of the ISO/RTO interconnection processes for filing interconnection applications including (CAISO, PJM, ERCOT, SPP, and MISO)
Make all required security postings and payments in a timely manner
Review and solicit comments from consultants and internal team on the feasibility, system impact, and facilities studies
Oversee all agreements needed to construct the facilities including Interconnection agreements, engineering and procurement, and construction agreements
Manage flow of information between HQC US, project investor, and third-party financing representatives
Provide support for HQC US Structured Finance and Legal departments during project sale, debt and equity closings
Prepare projects for debt and equity finance or divestment by addressing low and medium finance risk items identified during acquisition process
Confirm that project land control documents, easements, right-of-way agreements, etc. meet minimum finance thresholds
Manage all matters related to real estate for the project closing
Manage a team developer (Max two)
REQUIRED QUALIFICATIONS
Bachelor’s Degree or higher in a business, urban planning, engineering, finance or other related fields
8+ years of renewable energy project development, working on behalf of the owner/developer
A proven track record as a lead developer with a “deal sheet of projects” 50MW+ in size
Solid understanding of energy markets and renewable energy development in North America
Ability to communicate effectively with audiences that include but are not limited to management, coworkers, clients, vendors, contractors, and other stakeholders
Superior preparation, presentation, time management & interpersonal skills
Willing to travel up to 50% of the time within North America and internationally
Represent the company with the utmost professionalism with internal and external communications
A valid driving license and passport
COMPENSATION: $220,000 - $240,000 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 race, color, religion, sex, national origin, age, disability or genetics.