In: Economics
Radi has recently returned to Jordan after working for many years in United Arab Emirates with some savings to invest. Radi is considering to invest in power generation using photovoltaic cells to generate electricity and sell to the Jordan Electricity Company and others, if possible. Develop a full business plan for Radi's project using the following main headlines: Company Description 4.0 Opportunity Analysis and Research 4.1 Industry Analysis 4.2 Environmental Analysis 4.3 Competitive Analysis
Company Description
RADI Power Green Corporation is an Arabic captive unite established in Jun 10 with its headquarter in Jordan. The company provide solar cell installation, maintenance, replacement & upgradation solutions to household, corporations. The company is pioneer in the field and envisions solar for all. The company also provides single & integrated solar cell solution as a standalone customised.
<Here the brand, expertise, years of experience & an extra credentials are shared for the company>
4.0 Opportunity Analysis and Research
JEC invest heavily in supplying electricity to the populous areas of Jordan both rural & urban. These investments can be significantly by implementation of solar panel for energy consumption & dissemination. These comes with a guarantee of Zero down time there-by making it accessible all the time. The cost of maintenance is 20% less than operating expenses currently borne by JEC. And the benefit shall be realised over a period of 7yrs in the form repetitive decline in maintenance cost.
<The section promotes the shift to solar cell with a win-win situation>
4.1 Industry Analysis
The industry as an alternate renewable source of energy is growing at a cumulative rate of 23% p.a. This trend is expected to increase & sustain over a period of at-least 10yrs. This is indeed a good opportunity for the firms to enter into a decade long profitable venture & spread the message of ‘Go-Green’
<Analysis of long term profitability of the industry will give confidence to the end-user & corporate>
4.2 Environmental Analysis
Environment has always been on the sides of living creatures offering resources for sustained survival. In the recent times we have witnessed the depletion of ozone layer, air pollution and the alike that poses a risk on the survival of humans and other living creatures. The % emission of greenhouse gases are ever increasing and calling for a need to switch to alternate sources.
Researchers suggest Solar cells ate the best environment friendly alternate to save the environment from further damage & depletion. There are many regions nations wide that desperately need this source of energy and save environment from further harm.
<Highlighting that we are Keeping a tap on evironmental issue & benefits that comes from adoption of Solar cells>
4.3 Competitive Analysis
The market isn’t heavily overloaded with lot of competitors at this stage. This means more profit to the existing market players as the demand increase with time. The product and associated service are distinguished thereby minimizing the chance of Intellectual theft. The price point of the panel is high at this stage (weakness) but with increase in demand & mass production this can be significantly optimised.
<Its important to know your strength, weakness, market, product & most important competitors>