Head of Asset Optimization
4 weeks ago
The Vice President of Asset Management and IPP is responsible for the ongoing performance, management, and compliance of Strata Solar's operating portfolio of solar assets. This executive is responsible for maximizing financial returns to Strata shareholders and deals stakeholders, as well as maximizing the operations efficiency of the Asset Management department.
Key Responsibilities- Develop and implement strategic plans for managing solar and battery energy assets to maximize their performance, efficiency, and profitability.
- Manage the operations and maintenance activities of solar and battery assets to ensure optimal performance and minimal downtime.
- Monitor the performance of solar and battery assets through data analysis and performance metrics.
- Lead a project to meaningfully improve current reporting systems and KPI tracking.
- Identify opportunities for optimization, such as improving energy yield, reducing operation costs, and enhancing equipment performance.
- Manage contracts with third-party O&M providers, suppliers, and service vendors to ensure compliance with service level agreements and cost-effectiveness.
- Identify and mitigate risks, including technical risks, regulatory compliance, and financial risks.
- Oversee financial aspects related to solar asset management, including budgeting, forecasting, cost control, and revenue optimization.
- Ensure compliance with all relevant regulations, permits, and standards related to solar energy production and asset management.
- Prepare and present regular reports on the performance, financial metrics, and operational status of solar assets to senior management and stakeholders.
- Manage the entire lifecycle of solar assets from development and construction through to operation, maintenance, decommissioning and potential repowering.
- Provide leadership and guidance to a team of asset management professionals, fostering a culture of excellence, collaboration, and continuous improvement.
- Maintain relationships with internal stakeholders (e.g., executives, finance, legal) and external stakeholders (e.g., investors, regulatory authorities, community groups) to support effective asset management and achieve business objectives.
- Oversee the planning, execution, and completion of asset management projects, ensuring they are delivered on time, within budget, and according to quality standards.
- Bachelor's degree in Engineering, Construction Management, STEM, Finance, Economics or related.
- 7-10+ years of asset management experience within the power generation industry.
- One of either solar or battery Asset Management experience required; both solar and battery experienced highly preferred.
- Expert knowledge in solar engineering technologies, systems, operations.
- Excellent financial management skills.
- Contract management of suppliers, O&M providers and stakeholders.
- Strategic thinker who can help develop asset management team.
Work is performed in an office environment and in the field. Must be able to sit, stand, bend, twist and lift up to 20 pounds.
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