Project Development Associate, West – Battery Storage

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.

Plus Power is looking to hire a Project Development Associate to support multiple projects within Plus Power’s portfolio. The Project Development Associate will, in collaboration with their teammates, own the ultimate responsibility for facilitating or completing site acquisition, permitting, interconnection, and revenue offtake contracting for each project. The Project Development Associate 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, however leadership of a cross-functional team in order to bring a project to NTP will be the ultimate responsibility of the developer. Upon NTP, functional responsibility of the project will be transferred to Plus Power’s EPC team.

Responsibilities

• Site acquisition and due diligence: utilize Plus Power’s processes to acquire project sites and bring them through the diligence process
• Project development: manage a project pipeline and execute on complex milestone deliverables across a network of stakeholders
• Project management: problem solving nuanced site, permit, and technology issues with internal experts and external stakeholders
• Project finance: understand the key financing elements of a project and ensure that all projects and deals continue to meet or exceed financial hurdles
• Contract origination: Work with markets and origination team to identify and quantify opportunities, then owning responsibility for RFP submittal
• Commercial negotiation: negotiate terms and conditions of power purchase agreements, permitting documents, interconnection or other ISO agreements to protect the commercial sensitivities of each deal. Supporting the financing of each new deal

Qualifications

• 2+ years of experience in project development, preferably focused on energy assets, real estate, energy policy, or project finance
• Supported full lifecycle development of a renewable energy asset or energy storage project
• Prefer an individual with experience in an organization which has developed an energy storage project
• or completing all of the following agreement types:

• Experience participating in the development ofSite lease or purchase agreements
• Site Plan and Building Permit approvals
• Interconnection agreements
• Power purchase or tolling agreements
• MIPA / PSA for project disposition / acquisition

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 in the Western U.S. or hybrid work from Plus Power’s offices in San Francisco and Seattle.

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 30 days from the date of initial posting (06/12/2024)

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.