Assistant Manager - Business Analyst

About Company

ReNew is a leading decarbonization solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). With 16.3 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 decarbonization 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 recognized as a Lighthouse by the World Economic Forum. In 2023, we were recognized among ‘Top 15 Climate Tech Companies to Watch’ by the MIT Technology Review. We are a recipient of the Sustainable Market Initiative’s Terra Carta Seal. The COP28 UAE Presidency presented ReNew the ‘Energy Transition Changemaker’ award for developing and deploying the country’s first round-the-clock power project. 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.

Job Description

Commercial Monitoring & Performance Tracking

• Regularly review plant performance, identify technical deviations from commercial expectations, and assist in resolving issues impacting revenue.
• Monitor contractual compliance, particularly related to energy generation, scheduling, and billing.

• Prepare Project Actualisation & Commercial report with reference to original estimates and identify deviations and opportunities for cost/revenue optimisation

• Support development of internal reports and dashboards that highlight risks, gaps, and opportunities
• Benchmark performance against similar assets; identify actionable insights for improvement.
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2. PPA Management & Optimization:

• Track and manage commercial aspects of PPAs; support in evaluating strategic sale options, identifying value through PPA clauses for revenue maximization opportunity
• Work with strategy and regulatory teams to align commercial actions with broader market and policy developments.

3. Revenue Assurance & Risk Mitigation

• Track regulatory and contractual obligations to avoid penalties and protect the company’s financial interests.
• Prepare a risk logbook comprising of petitions issues and claims and operational penalties.
• Coordinate with legal, finance, and regulatory teams to mitigate risks arising during project operations.

4. Repowering

• Assess commercially viable projects for repowering
• Liaise with O&M, design, State teams; prepare cost-benefit models and summary presentations.

5. Continuous Improvement & Innovation

• Support initiatives aimed at improving plant-level commercial performance and efficiency.
• Contribute to idea generation and pilot implementation related to new technologies, market opportunities, or policy levers.
• Stay updated with industry trends and regulatory changes that can impact operational projects.
• Contribute to revenue improvement initiatives through BESS, DSM management, or similar innovations.

Key Skills and Competencies:

• Strong analytical and problem-solving skills
• Familiarity with PPAs, OEM contracts, regulatory norms, and power sector commercial frameworks
• Understanding of DSM, grid curtailment, and energy scheduling principles
• Proficiency in Excel, PowerPoint, and data analysis tools
• Cross-functional coordination skills (legal, regulatory, technical, finance)

Qualifications:

• Degree in Engineering and MBA

Experience:

• 3–6 years of experience in power sector commercial roles, preferably in renewables