Russell Young Assumes Role as COO of Leading Clean Energy Firm

Russell Young Takes the Helm as COO at Deriva Energy
Deriva Energy, a significant player in the clean power sector, has announced the appointment of Russell Young as its Chief Operating Officer. In his new role, Young will be in charge of the company’s operational strategy, focusing on scaling capabilities, enhancing performance, and creating long-term value through innovation and teamwork.
Impressive Leadership and Experience
Young comes to Deriva with over thirty years of senior leadership experience in renewable energy operations. His extensive background includes work in wind, solar, and energy storage, as well as renewable equipment manufacturing. Most recently, Young was the Managing Director of Technical Services at Clearway Energy Group, where he managed portfolios and strategies in a rapidly evolving market.
Previous Roles and Expertise
Before joining Clearway, Young held various senior positions at ENGIE North America, notably as the Vice President of Operations for Renewables, where he managed operations across the United States and Canada. His experience in leading equipment manufacturers, such as GE, Vestas, and ABB PowerOne, adds to his qualifications, making him an asset to Deriva Energy.
Vision for the Future
Deriva Energy’s CEO, John Clapp, expressed enthusiasm for Young's appointment, emphasizing that his industry expertise will significantly bolster Deriva's platform, which currently manages over 9 gigawatts of operating projects, alongside their third-party operations and maintenance business. This leadership transition is expected to enhance the company's capabilities and drive further innovation in the renewable sector.
Commitment to Clean Energy
In his own words, Young stated his excitement for joining Deriva, noting, "Deriva is an established leader in the clean power sector, with seasoned leadership, an impressive portfolio of operating assets, and a robust pipeline of new projects. I look forward to being a part of Deriva's continuing success." This statement underscores his commitment to advancing the cause of clean energy.
About Deriva Energy
Deriva Energy is recognized as a significant industry leader in the clean energy landscape. With a powerful footprint of over 9 gigawatts in operating assets and an additional 10.8 gigawatts in development across the United States, they are paving the way towards a sustainable future. Located in Charlotte, North Carolina, Deriva operates as part of Brookfield, the world's largest owner and operator of renewable power and climate transition assets.
Innovative Growth Strategies
Deriva’s continued growth reflects its commitment to blending innovative energy solutions. Their operational strategy encompasses not only the maintenance of existing projects but also the exploration of new technologies and methods that can further bolster the efficiency and impact of their clean energy generation efforts.
Frequently Asked Questions
Who is Russell Young?
Russell Young is the newly appointed Chief Operating Officer of Deriva Energy, with extensive experience in renewable energy operations.
What is the role of the COO at Deriva Energy?
The COO oversees the operational strategy, focusing on enhancing performance and scaling capabilities within the company.
What experience does Russell Young bring to Deriva Energy?
Young has over thirty years of experience in renewable energy, including senior roles at Clearway and ENGIE North America.
How many gigawatts does Deriva Energy operate?
Deriva Energy manages over 9 gigawatts of operating projects and has an additional 10.8 gigawatts in development.
Where is Deriva Energy headquartered?
Deriva Energy is headquartered in Charlotte, North Carolina, and is part of Brookfield, a leader in climate transition assets.
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