Application Guide
How to Apply for Business Development Specialist, US Renewables
at Capital Power
๐ข About Capital Power
Capital Power is a growth-oriented North American power producer committed to decarbonization, with a clear path to net zero by 2050. The company operates a diverse fleet of generation assets and is aggressively expanding its renewable portfolio, offering employees the chance to work on impactful utility-scale projects in a collaborative, forward-thinking environment.
About This Role
As a Business Development Specialist for US Renewables, you will be at the forefront of identifying and executing opportunities in wind, solar, and energy storage across the US. Your work directly contributes to Capital Power's growth strategy and net-zero goals, involving market analysis, financial modeling, and stakeholder engagement to bring renewable projects from concept to reality.
๐ก A Day in the Life
A typical day might involve analyzing market data to identify potential development sites, updating financial models for a new solar project, and participating in a call with a landowner or utility partner. You'll also collaborate with internal teams (engineering, finance, legal) to advance project milestones and prepare investment memos for management.
๐ Application Tools
๐ฏ Who Capital Power Is Looking For
- Has 3-6 years of experience in renewable energy project development or a related energy/infrastructure sector, with hands-on involvement in utility-scale wind, solar, or storage projects.
- Possesses strong financial modeling skills and can evaluate project economics, including understanding of PPA structures, tax equity, and incentives like ITC/PTC.
- Demonstrates working knowledge of US power markets (e.g., PJM, ERCOT, CAISO, MISO) and familiarity with interconnection processes, permitting, and land acquisition.
- Holds a bachelorโs degree in Business, Engineering, Finance, or Economics; an MBA or graduate degree is a plus, especially with a focus on energy or sustainability.
๐ Tips for Applying to Capital Power
Highlight specific renewable energy projects you've worked on, detailing your role in development, financial modeling, or stakeholder management.
Quantify your achievements: e.g., 'Led financial modeling for a 200 MW solar project resulting in a signed PPA' or 'Supported acquisition of a 150 MW wind farm, conducting due diligence on land and permits.'
Tailor your resume to emphasize experience with US power marketsโmention any specific ISOs/RTOs you've worked in.
Include a cover letter that addresses Capital Power's net-zero commitment and how your background aligns with their decarbonization strategy.
If you have experience with tax equity or project finance structures (e.g., partnership flips, inverted leases), be sure to mention it prominently.
โ๏ธ What to Emphasize in Your Cover Letter
["Express genuine interest in Capital Power's net-zero mission and how your work can contribute to their decarbonization goals.", 'Demonstrate deep understanding of the US renewable energy landscape, including market trends, policy drivers (IRA), and competitive dynamics.', 'Provide a specific example of a project you helped develop or evaluate, emphasizing your impact on its success.', 'Mention your cross-functional collaboration skills, as the role requires coordination with engineering, finance, legal, and external stakeholders.']
Generate Cover Letter โ๐ Research Before Applying
To stand out, make sure you've researched:
- โ Review Capital Power's annual sustainability report and latest investor presentation to understand their renewable growth targets and project pipeline.
- โ Study their existing US renewable assets and recent acquisitions (e.g., the 2023 acquisition of a 200 MW solar project in Alberta, but focus on US).
- โ Familiarize yourself with Capital Power's corporate structure and how the US renewables team fits into the broader organization.
- โ Research the specific ISOs/RTOs where Capital Power has active projects or development interest (e.g., PJM, MISO, ERCOT, CAISO).
๐ฌ Prepare for These Interview Topics
Based on this role, you may be asked about:
โ ๏ธ Common Mistakes to Avoid
- Submitting a generic application without referencing Capital Power's unique focus on decarbonization and net-zero goals.
- Overlooking the importance of financial modeling skillsโensure your resume and interview answers demonstrate proficiency.
- Failing to show knowledge of US renewable energy policy, especially the Inflation Reduction Act (IRA) and its impact on project economics.
๐ Application Timeline
This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.
Typical hiring timeline:
Application Review
1-2 weeks
Initial Screening
Phone call or written assessment
Interviews
1-2 rounds, usually virtual
Offer
Congratulations!
Ready to Apply?
Good luck with your application to Capital Power!