Full-Time
174 Power Global
51-200 employees
Develops utility-scale solar power plants
Compensation Overview
$135k - $155k/yr
Mid, Senior
Irvine, CA, USA
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- Bachelor’s Degree.
- 3+ years of experience in origination, power marketing, renewable energy consulting, or a related field.
- Experience in operating merchant energy projects and managing production and dispatch strategy for Solar + Storage projects preferred.
- Structure, negotiate, and close long-term power purchase agreements and other revenue contracts.
- Oversee contracting programs and energy bidding strategies to meet or exceed revenue goals. Lead the negotiation and execution of PPAs and related revenue contracts.
- Maintain relationships with key power off takers, identify RFP opportunities, and explore new energy project development opportunities across the U.S. Manage responses to RFPs.
- Collaborate with the Investments team to integrate offtake structures into financial models.
- Support power price forecasts, maintain relationships with key consultants, stay informed on utility IRPs, state RPS mandates, and other regulatory trends. Present research and opportunities to stakeholders.
- Support power prices, working with Development, Project Finance, and other departments to commercialize projects.
- Exhibit excellent verbal and written communication skills with internal and external parties. Report on operational activities to relevant stakeholders.
- Support Asset Operations to ensure compliance with project agreements. Recommend risk approaches and execute trades in line with risk policies.
- Maintain relationships with key suppliers, offtakers, energy consultants, regulatory agencies, and other stakeholders.
- Expertise in structuring and negotiating offtake deals, including financial hedges and swaps.
- Strong commercial transaction skills.
- Experience with energy retailers in deregulated markets.
- Excellent interpersonal skills and ability to build relationships with stakeholders.
- Deep understanding of energy markets, especially WECC, CAISO, ERCOT, SPP, MISO, NYISO, and PJM.
- Experience securing offtake from public and governmental agencies.
- Proficiency in financial modeling and creative structuring strategies.
- Strong problem solving, resourcefulness, creativity, and leadership skills.
- Superior communication skills and attention to detail.
174 Power Global specializes in developing utility-scale solar power plants across North America. The company collaborates with landowners, local communities, financial investors, and other partners to create solar energy projects. Their process involves managing the entire project development cycle, from initial planning to construction and operation. What sets 174 Power Global apart from its competitors is its strong backing from Hanwha Energy Corporation and its impressive track record, having signed nearly 2 gigawatts of power purchase agreements and having over 8 gigawatts of projects in development. The company's goal is to lead the solar energy market by delivering efficient and productive solar power solutions.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$210M
Headquarters
Irvine, California
Founded
2017
Simplify's Take
What believers are saying
- Increased EV infrastructure demand boosts retrofit kits and battery solutions market.
- U.S. tax incentives for solar projects benefit 174 Power Global's expansions.
- Indian government subsidies enhance market potential for eZee battery.
What critics are saying
- Competition from Revolt Motors and Ather Energy in India's retrofit market.
- Potential delays in Turkey Creek Solar project due to regulatory challenges.
- Supply chain constraints impact eZee battery component availability.
What makes 174 Power Global unique
- 174 Power Global offers retrofit kits for converting rickshaws to electric vehicles.
- The company launched the eZee swappable battery for light mobility vehicles in India.
- Partnerships with Constellation and Gerdau MACSTEEL enhance their sustainability initiatives.
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Benefits
Professional Development Budget
Flexible Work Hours
Company News
Also, an integral part of this partnership, new Director of Business Development, Rakesh Kerwell, a former Director at DLF Limited and former Vice President of Corporate Affairs at Reliance Industries Limited, will be joining the Power Global team, the company said.
Following the launch of the eZee™ battery module, Power Global officials said the company will announce its first line of Retrofit Kits to convert diesel- and petrol-fueled auto rickshaws into zero-emissions electric vehicles.
Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has introduced its first mass-market product, the eZee swappable battery for light mobility vehicles in India today.
“174 Power Global is pleased to collaborate with Constellation — in addition to customers, suppliers and academic institutions — to further drive sustainability across its footprint and support the transition to a low-carbon economy.
174 Power Global, the US-based solar development arm of South Korean conglomerate Hanwha, will break ground on the 200MW Turkey Creek Solar facility in Pueblo County, Colorado, in 2022, with the project set to come online in 2023, according to a statement.