Overview
Core Mission: As a core member of our European business development team, you will lead energy storage project development (from greenfield to Ready to Build Stage) and drive investment / financing activities in Europe. Leverage your expertise in market dynamics, policies, grid compliance, and financial modeling to identify opportunities, mitigate risks, and ensure ROI.
Responsibilities
- Monitor and analyze electricity market structures, trading, pricing mechanisms, ancillary service demands, grid reserve services and price trends.
- Understand the impact of regulatory requirements and various applications (trading, balancing mechanism, ancillary services and grid reserve services) on each project business case.
- Identify, screen, and evaluate energy storage project opportunities (greenfield, brownfield, co-location) in pre-RTB or RTB stages.
- Develop compelling propositions and competitive bids.
- Support day-to-day business case development activities of projects until the closure of deals.
- Build and maintain relationships with government agencies, grid operators, landowners, and consultants. Lead due diligence processes.
- Develop, build, review, and optimize financial models (LCOE, NPV, IRR) for projects, including sensitivity analysis and risk assessment with the support of supply chain, finance and technical team.
- Establish investment / financing partnerships with banks, funds, infrastructure investors, energy firms, and power traders.
- Support corporate finance team to raise debt on portfolio of projects.
- Support preparing high quality internal Invest Committee papers.
- Coordinate cross-functional collaboration between project teams and internal departments.
- Develop sales and marketing materials, speak at and attend conferences as appropriate.
- Develop strategic partnerships to support scaling of the business.
Requirements
Essential competencies
- Minimum 8 years in commercial / business development in energy sector (B2B), preferably in energy storage or renewable sectors.
- Strong commercial skills with legal contracts and project financing.
- Strong organization skills, ability to work in a team and with attention to detail.
- Experience in energy storage and renewable sectors.
- Knowledge of the UK, Europe, Australia and Asia-Pacific energy landscape.
- Desire to work in a fast moving, high pressure and entrepreneurial environment.
Skills
- Mastery of financial modeling and investment analysis (ability to build complex project models).
- Proven track record in energy storage project development, M&A, or asset rotation.
- Advanced in PowerPoint.
- Advanced Excel skills.
- Advantage: Python skills.
Communication
- Exceptional communication skills, negotiation and stakeholder management skills, capable of presenting financial models and sales pitches.
Education
- Bachelor’s degree in Business, Engineering, or finance related fields.
Language
- Fluent in English (written / spoken); additional European languages or Mandarin are a plus.
Mobility
- Ability to travel frequently between China, UK and Europe internationally.