Senior Vice President-Operations, SoCore Energy
As SVP-Operations, Russ Young has overall responsibility for company operational matters. Young is a member of the company’s executive management team, providing key input on the formulation and execution of the company’s strategic initiatives, engineering, supply chain, construction and O&M strategy, investment decisions, commercial contract documentation, governance, IT functions and risk tolerance.
Young brings more than 22 years of power industry and renewable energy experience to the team. Prior to joining SoCore, Young managed the global service organization for Power-One (now ABB) solar inverters, responsible for the installation, commissioning and operations of over 10 gigawatts (GW) (1.1 million units) installed in Europe, North America, Asia, South America and Africa. In this role, he successfully managed an extremely high volume of products under long-term warranties by implementing process capability improvements and process visibility enhancements and analytics.
Young also served as the Chief Operating Officer for the central European division of Vestas Wind Systems where he managed the Engineering, Supply Chain, Construction, Performance & Diagnostics and Service departments (over 1,200 employees) primarily in Germany, the Netherlands, Austria, Romania and Bulgaria. Key accomplishments include improving the 8-GW installed base availability from 92% to 98% annually, increasing service sales from 120 million Euros annually to 200 million Euros annually in three years, significantly reducing serious safety incidents, developing and implementing a workforce management risk -based activity tool in SAP and successfully implementing 400 megawatts (MW) of new V112-3MW turbines in the fourth quarter of 2011 that required a temporary expansion of the workforce by 33%.
Other experience includes management of the wind turbine fleet teams for Nextera Energy, which included winning the FPL Broadhead quality cup in 2005, and operation of all independent power producing substations for Nextera in the United States. Young’s prior experience also includes working as a consulting engineer designing and managing projects for companies such as Southern California Edison, Texas Utilities, Arizona Public Service and many rural electric cooperatives across the southeast and southwest of the U.S.
Young received a BS in Electrical Engineering from Clemson University in South Carolina and executive MBA training from the University of Miami in Florida and the IMD business school in Switzerland. He is a registered Professional Engineer in the state of North Carolina.