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Full-Time

Manager – Project Development

Posted on 6/27/2024

Clearway Energy

Clearway Energy

51-200 employees

Develops and operates renewable energy projects

Energy

Compensation Overview

$130k - $184kAnnually

+ Annual Cash Bonus

Senior, Expert

San Francisco, CA, USA

Category
Project Management
Business & Strategy
Required Skills
Communications
Mergers & Acquisitions (M&A)
Requirements
  • Bachelor’s degree in engineering, business, economics, finance, environmental science, or related field
  • Minimum of 5 years of experience in the renewable energy industry in the U.S.
  • Experience managing cross-functional employee groups
  • Knowledge of governmental mandates, environmental regulations, or customer/market signals impacting renewable projects
  • Strong interpersonal and communication skills
  • Ability to manage simultaneous projects/work streams
  • Ability to travel as required (>25%)
Responsibilities
  • Maintain industry relationships and knowledge of market drivers
  • Manage and execute development of renewable energy projects
  • Identify and implement alternative project development approaches
  • Conduct due diligence on project acquisitions
  • Administer development services agreements
  • Collaborate with engineering team and external consultants
  • Lead negotiation of critical project contracts
  • Lead projects through financing diligence efforts
  • Market development-stage projects for new power purchase agreements
  • Create and manage project budgets and schedules

Clearway Energy Group focuses on developing and operating renewable energy projects, particularly in solar and wind energy, across the United States. The company manages over 350 projects, including large-scale solar and wind farms, as well as community solar initiatives. Their operations are designed to serve large energy consumers like utilities and corporations that are transitioning to renewable energy sources. Clearway generates revenue by selling electricity produced from its projects through long-term power purchase agreements (PPAs), which provide a stable income stream. What sets Clearway apart from competitors is its extensive portfolio and commitment to high safety and performance standards, supported by a skilled team with deep industry experience. The company's goal is to facilitate the shift towards clean energy, reducing carbon emissions and promoting sustainable energy solutions.

Company Stage

Private

Total Funding

$1.6B

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

3%

1 year growth

10%

2 year growth

30%
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Simplify's Take

What believers are saying

  • Clearway's recent completion of a 452 MW solar complex in Texas demonstrates its capability to execute large-scale projects successfully.
  • The company's ability to secure significant financing, such as the $174 million for the Dan's Mountain wind farm, highlights its strong financial health and investor confidence.
  • Clearway's partnerships with diverse brands and corporate buyers, like Toyota Boshoku America and Ever.green, enhance its market reach and credibility.

What critics are saying

  • Leadership changes, such as the recent appointment of a new CEO, can lead to strategic shifts and potential instability.
  • The renewable energy sector is highly competitive, and Clearway must continuously innovate to maintain its market position.

What makes Clearway Energy unique

  • Clearway Energy Group's extensive portfolio of over 350 renewable energy projects, including utility-scale and community solar projects, sets it apart from competitors with less diverse offerings.
  • The company's focus on long-term power purchase agreements (PPAs) ensures a stable and predictable revenue stream, unlike competitors who may rely on more volatile market conditions.
  • Clearway's stringent evaluation criteria for EPC partners ensure high safety and performance standards, distinguishing it from competitors with less rigorous standards.
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