Renew
Location
Gurgaon | India
Job description
ReNew is a leading decarbonisation solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). We are the 10th largest renewable energy company globally, with ~13.7 GW of commissioned and pipeline utility scale projects. We are a global company with strong Indian roots.
Founded in 2011, ReNew is at the forefront of fighting climate change by offering a variety of decarbonisation solutions through utility-scale wind and solar offerings, green hydrogen, carbon markets, and energy storage. ReNew has been a pioneer in leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment in India, where we are the market leader. Our mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew is the world’s first clean energy company to be recognised as a Lighthouse by the World Economic Forum. In 2023, we were recognised among ‘Top 15 Climate Tech Companies to Watch’ by MIT Technology Review. ReNew’s solar and wind energy projects currently contribute to 1.9% of India’s power capacity and are spread across 150+ sites and 18 Indian states. We have helped prevent 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions, in addition to generating around 130,000 jobs over the past decade. Key Objective: As part of Utility Scale BD Team, the role will entail creating, owning, and converting firm RE pipeline for the organization. The job profile would include working with external as well as internal stakeholders, generating market interests for specific clean energy profiles, engagement with state and central government agencies, interacting with the Solar and Wind teams for securing project pipeline. The role would require a dynamic individual, who can shift gears on demand, having excellent analytical skills and be open to work on various strategic initiatives within ReNew. Brief description of role Utility Financial Analyst (Financial Modelling & Solutioning - Wind, Solar, Hybrid, Peak power, RTC, load following others) Develop and Maintain Financial models – to support management decision making on investments and research. Evaluation of Pipeline Projects – commercial case, scenario buildings and shortlisting of Projects for each bid Tender construct – Based on tender documents and the relevant guidelines, policy and regulations structure the Bid solution Investment/Biding Approval a. Cross functional collaboration to develop complete business case, verifying/validating assumption b. Securing all required IC approvals for new investments and bidding c. Prepare Detailed Investment documents and investment approval requests to aid decision making. d. Prepare Opportunity/Portfolio level PPTs to support investment decision. 5.Ensuring participation in shortlisted bids, and coordinate all cross functional activities with finance, legal, CS and other teams as and when required 6. Contribute to development of new business segments like Hybrids, Storage, floating solar, basis a sound cross functional techno commercial analysis 7. Regulatory- Hands on regulatory aspects related to business development, project implementation, bidding guidelines, PPAs and representation for the same with external stakeholders; 8. Policy advocacy keeping in view the company’s interest to govt entities 9. Market Benchmarking on all key commercial assumptions of Project. Profile & Eligible Criteria He/ She will at least be a B.E/B.tech./Graduate/CA/MBA finance with 6-10 years of experience. Should have at least 6 years in financial modelling with infrastructure sector, power sector across consulting or IPPs or System Integrators Thorough understanding during life of renewable energy projects in India Excellent solution-seeking, teamwork, leadership, and communication skills which extend across all organizational and management levels. Ability to manage relationships with multiple stakeholders. Experience with contracting, legal, project financing.Job tags
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