Project Development Associate

Job Role: Project Development Associate (m/f/d) Energy Transition Business EMEA region

Working hours: Permanent, 40 hour per week 

Location: 40476 Dusseldorf

The Mitsubishi Heavy Industries Group is a forerunner in providing solutions for a decarbonized society. Through our group products, technologies and services that help reduce CO2 emissions, as well as new solutions and innovations to be developed with partners around the world, MHI will contribute to realizing net zero emissions for the world as a whole.

To this end, each and every one of our employees is embracing and internalizing ‘MISSION NET ZERO’ and will act to implement a net zero future. One important part of MHI’s activities to achieve these ambitious goals is developing and investing in green hydrogen and power to X infrastructure projects.

Purpose of the job

The Project Development Associate will support the Energy Transition Business by identifying and driving project development opportunities in hydrogen and power-to-X infrastructure. This role involves supporting the team to advance projects from concept to financial close and beyond, to achieve MHI’s strategic goals and commitment to a net zero future.

Key tasks

• Support the Team: Support the project development team in creating innovative project concepts, identifying potential development partners, and converting opportunities into successful projects. Support the team members with expertise in their respective activities.
• Opportunity Evaluation:  Evaluate, screen, and appraise  development opportunities considering technical, commercial, and financial feasibility aspects.
• Project Structuring: Support the team in structuring and framing development opportunities to establish viable project concepts, including comprehensive business, financing, and technical plans. Follow up the implementation of these concepts through the entire project lifecycle.
• Partnership Management:  Negotiate and execute co-development partnerships (LoIs, MoUs, JDAs, and Joint Ventures). Act as the primary point of contact with partners during project implementation, ensuring effective communication and collaboration.
• Contracting Strategies: Collaborate with project managers to develop, evaluate, select, and execute robust contracting strategies. Maintain key contact with contractors and support team members in their contracting efforts.
• Stakeholder Engagement: Develop and execute stakeholder management strategies, engaging with both internal stakeholders (MHI management and group companies) and external stakeholders (contractors, public administrations, power suppliers, and offtakers).
• Value Assurance: Lead project value assurance processes, working closely with internal and external stakeholders, including financial and funding institutions, to ensure project success and alignment with strategic goals.

Key skills

• Team Player: Strong Team Player contributing to the success of the Project Development Team through effective collaboration.
• Strategic Thinking: Capable of taking an owner’s perspective to understand project goals and translate them into actionable development plans, guiding the team towards achieving strategic objectives.
• Project Management: Proficient in leading project development from concept to financial close, utilizing a structured Front End and assurance process approach.
• Cross-Functional Collaboration: Skilled in working independently and collaboratively in a cross-functional role, effectively coordinating with internal and external stakeholders.
• Interpersonal Skills: Strong social and intercultural competence, with the confidence to interface with project partners, contractors, and senior management.
• Communication: Fluency in Business English, with excellent communication skills to articulate project goals and strategies clearly and effectively. Other European languages can also be beneficial.

Experience

• Advanced degree in finance, economics, management, or engineering.
• Minimum of 5 years of experience in the process, power, or renewables industry, with a focus on capital project development or engineering contractor support.
• Experience in the green hydrogen sector is highly valued.

Our Offer

• A dedicated team for qualified onboarding and ongoing support.
• An exciting role within the forefront of the energy transition.
• Engaging topics in an internationally positioned company located in Düsseldorf.
• Hybrid work model (three days in office) with 40 hours per week.
• 30 vacation days plus additional company-regulated balancing days.