Recurrent Energy Careers

Company Summary: 

Recurrent Energy is a wholly owned subsidiary of Canadian Solar Inc. and is one of the world's largest and most geographically diversified utility-scale solar and energy storage project development, ownership, and O&M platforms.  Recurrent Energy is focused on bringing low-cost clean energy and meaningful economic development to communities across the globe. 

With a strong track record of originating, developing, financing, and building nearly 9 GWp of solar and 3 GWh of battery storage power plants across six continents, Recurrent Energy has established a leadership position in both solar and battery storage project development.  With a total pipeline of 25 GWp in solar and 47 GWh in battery storage, of which 14 GW and 12 GWh respectively already have interconnections (as of January 31, 2023). In addition, Recurrent Energy’s services business has 6 GW of projects under operations and maintenance contracts, either operational or contracted projects. 

Job Title:   Asset Management Analyst 

Department:Energy & Asset Management 

Location:     

Reports To:Head of Commercial Operations 

Position Summary: 

Asset Management role is responsible for supporting all analytical aspects of the Energy Group Global Asset Management/Commercial Operations function, including reporting, modeling, forecasting, contract & document management, compliance, and market transaction processes. The position will work extensively with different regions and other centralized teams including Legal, Corporate Finance, Development, Origination and Structuring, Commercial Operations and Project Finance. 

The Asset Management role is a CRITICAL function to execute Recurrent Energy’s transition from a develop and flip entity to a long-term owner-operator of utility-scale solar and storage projects globally.   

Responsibilities: 

• Track operational & financial metrics for operating projects & drive improvements
• Build and maintain tools and standards to streamline process, data analysis, project tracking, documentation, and reporting.
• Manage the development, preparation, and analysis of performance & financial reports for the operating projects; identify trends across project inputs and KPIs.
• Ensure compliance with all regulatory, legal, and other reporting obligations for operating projects.
• Compile financial models and economic analysis related to operating projects.
• Manage document administration & management for operating projects.
• Assist Corporate Finance in financial administration for operating projects: billing & revenue collection, invoice tracking, settlements etc.
• Assist Compliance team in creating summaries of project agreements & tracking on-going obligations.
• Perform power market economic analysis related to renewable energy; manage shadow settlements and coordinate billing and revenue expectations with Corporate Finance; manage ISO/RTO disputes.
• Coordinate with Scheduling Coordinators to manage settlement statements and associated data.
• Assist with management of settlements software and onboarding of projects.
• Build relations with regional teams throughout the globe; identify & execute upon opportunities for adding value to regional activities (e.g., reporting, standardization, optimization, best practices, transaction support).
• Support 3rd Party Asset Management & services initiatives, seek opportunities for value-add and monetization, be an external advocate for services platform.
• Work with internal cross-functional teams (e.g., Legal, Corporate Finance etc.) to establish shared service agreements to enable support to & from regions.
• Other duties as assigned.

Table of duties and stakeholders: 

Knowledge, Skills, and Abilities: 

• Solid understanding of economic & business concepts.
• Familiarity with project agreements and terms, with the ability to identify and manage material terms.
• Strong interpersonal and customer service skills relating to significant contact and communication with internal & external customers.
• Strong understanding of grid-tied PV system design, operation, management, & financing.
• Evidence of solid process development & documentation skills.
• Highly resourceful and comfortable working in an unstructured environment.
• Entrepreneurial and able to identify (& execute upon) new opportunities to add value.
• Highly driven and hard working with high standards for themselves and others.
• Strong organization and planning abilities.
• Ability to deal effectively with diversity of individuals at all organizational levels.
• Proven ability to handle multiple tasks, prioritize, and remain calm under pressure.
• Flexibility in work responsibilities.
• Experience with compliance, NERC, FERC, and other reporting obligations for operating projects a plus.

Requirements: 

• Bachelor’s degree required
• 2-5 years’ experience in asset management, contract management, performance engineering or data analysis roles, preferably in Renewable Energy industry.
• High level of professionalism, results oriented, organized, highly motivated and detailed.
• Ability to communicate clearly and concisely, multi-task and strong analytical skills.
• Computer literacy, excellent abilities with Microsoft Word, Excel, and PowerPoint.

Canadian Solar Inc. is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, or veteran status.