Company Overview
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 US states and Canadian provinces that will transform North American electric grids into cleaner and more versatile critical infrastructure.Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market.
Plus Power’s team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power’s culture and excels through our game-changing mission and supportive ecosystem.
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. We are looking for a Project Development Associate to support multiple projects within Plus Power’s portfolio in ERCOT and SPP. The Project Development Associate will supporta Senior Project Development Manager on site acquisition, permitting, interconnection, and de-risking activities.
The Project Development Associate will report a to the Senior Project Development Manager and will have a sophisticated team of subject matter experts who will provide support for specific discrete deliverables such as cost estimates and interconnection process navigation.
Responsibilities
- Support on site acquisition and due diligence: follow Plus Power’s processes to acquire project sites and bring them through the diligence process
- Support project development and de-risking activities: support the management of a project pipeline and the execution of complex milestone deliverables across a network of stakeholders
- Project management: problem solving nuanced site, permit, and technology issues with internal experts and external stakeholders
- Support project finance activities: support the Project Development Manager on key financing elements of a project and ensure that all projects and deals continue to meet or exceed financial hurdles
- Support commercial activities: Support the Project Development Manager on working with the commercial and markets’ to identify and quantify opportunities, as well as preparing the documentation RFP submittals
- Support commercial negotiations: support the commercial team on transactions where the input from project development is needed
- Support deal execution: providing support in closing and financing each new project
Qualifications
- 1-3 years of experience in project development focused on renewable energy assets
- Ideally based in the Central Time Zone
- Supported full lifecycle development of a renewable or energy asset
- Prior experience with a Company that has developed an energy storage project is preferred
- Some entry level experience participating in the development of the following agreement types:
- Site lease or purchase agreements
- Site Plan and Building Permit approvals
- Interconnection agreements
- Power purchase or tolling agreements
- MIPA / PSA for project disposition / acquisition
- Creative independent thinker; demonstrated ability to work both independently and as part of a diverse team
- Ability to work in a fast-paced environment in both team and individual settings
- Must be flexible, organized and detail-oriented with excellent problem-solving skills
- Travel required as necessary to support landowner negotiations, permitting activities, stakeholder meetings and other related tasks
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. Flexible, work from home (U.S. Central Region) or hybrid work from Plus Power’s offices in Houston and Chicago.The expected salary range* for this position begins at $120,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law.
This position is also eligible to participate in our annual bonus program.Plus Power offers a comprehensive benefits program, unlimited vacation, flexible remote work, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.*The deadline for applying to this role is 9/16/2024*Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.*This information is provided in accordance with applicable law.
