Introduction The purpose of this session long project is to run a simulation over an 18 year period and analyze the possible outcomes during the simulation. We will have 4 decision points; Decision 1: For years 2008 – 2012, Decision 2: For years 2013 – 2017, Decision 3: For years 2018 -2022 and Decision 4: for years 2023 – 2025. With each decision point, we will look how the simulation impacted profits, market share and module price. Background The SunPower Company is an up and coming manufacturer and seller of photovoltaic (PV) panels. As a young company with a strong desire for innovation they operate in an atmosphere where competition is very high and SunPower and the competition continue to fight for market shares. For SunPower management team to promote its growth will need to make sound decisions to ensure it stays competitive with the market. As seen in 2008, with other solar companies already dominating the market, increasing sales was an imperative goal to achieve its main objective to maximize profit. Table 1. 2008-2012 Sun Power Other Solar Market share (%) 3.78% 96.22% Shipments (MW/Yr) 158 4K The follow information includes an analysis of the decisions made by SunPower’s management over a period of 18 years from 2008 - 2025. These decisions could impact the organizations pricing, marketing, as well as investment strategies. For the company to maximize profits, some objectives had to be met. I would suggest that the following objectives would need to be
installing solar panels are changing tastes and preferences of consumer. As Energy Sage (n.d.) stated,
Deciding to start a business is brave and adventurous. The first step to success is a brilliant, viable, profitable idea. Whether you have decided to do it on your own because you are tired of working for someone else, or you are laid off after many years in your organization, before you decide to invest your life savings and get buried in debt, consider the big picture, the current economy, your demographic target consumer and do your research. The idea of solar energy is one such brilliant, viable idea. True the demand is present for such energy, but before taking the leap, consider the market saturation, competition, governmental rules and regulations and other determent factor that will influence the success of your
SolarCity is to dominate the market space by becoming a household name and set the standard of excellence for all solar installation contractors in North America (“SolarCity”, 2012).
Evaluate their price strategy – This is a must. A cost benefit analysis should be done. As observed they cannot have the
This report explains my experience in University of Dammam cooperative simulation training program. The program is required to every student whose credit hours exceed 90. It started in the summer of 2015 from the 7th of July to the 20th of August with 2 weeks for the report work (12 week total). The cooperative program purpose is to apply theoretical knowledge into practical work.
Currently solar power is beginning to expand horizontally throughout communities. This growth is creating a demand that is beginning to reduce the expense of purchasing and installing solar panels. The concept is catching on and the technology is improving as the demand increases.
The most significant events that affected our company and market was our initial opening of only one sales out let in NORAM. Our financial and market performance experienced major challenges primarily due to results from our Sales outlets. At the beginning of the simulation our company’s only sales outlet was from our webcenter
Sun solars is an inventive new non profit organization based in Moorolbark, VIC established in the year 2010. Sun solars primarily deals with production of solar powered equipments designed serve the Indigenous communities throughout Australia and hopefully on a global scale. The company started as collaboration with the Energy sources INC. which was a semi private company that operated under the federal Government back during the 90s. During those times there weren’t enough interventions as to where the company would go and so the operations were halted for nearly a decade and again resumed under what today is known as Sun solars. The company is a small scale organization with a tight-knit group of people working together to bring out the differences within the
We can notice that GREENoneTEC is facing challenges related to the Asian competition, to the search of new customers and to the lowering of its costs of production. The company needs to confront these challenges to stand out from the other companies on the solar market and to ensure its permanence.
Throughout this PLC, I feel that I have expanded my knowledge regarding planning and facilitating simulations. Before this PLC, I had participated in simulations both inside and outside of school, but this was the first simulation I planned and
In relation to the inquiry made regarding the situation that has arisen with one of the company’s employees, next you may find a detailed study of the case:
Thanks to its more advanced technology over its competitors, First Solar has been able to produce and deliver higher energy density. The company ensure that the plants are able to produce more energy, and more consistently over the long term. This competitive advantage allows First Solar to see its assets to depreciate at a lower rate, and ensure the company’s ongoing bankability. These benefits guarantee First Solar advantages by lowering the LCOE (Levelized Cost Of Electricity) prices, that are competitive with traditional energy
Solar cell or photovoltaic (PV) systems usually transformed energy from the sun in to electric current. It can be measured in terms of ‘‘conversion efficiency’’, the proportion of solar energy transformed to electricity. (Henderson, Conkling, & Roberts, 2007) Sunpower primarily focused on the production of solar cell. But by moving in to wafer manufacturing it soon incorporated in to manufacturing of solar power module units. In general Sunpower manufacturing process needed approximately two times as many steps as the usual solar manufacturing process need and many of these steps were distinctive to Sunpower. Sunpower has nearly 15 -20 established cell manufactures, a handful of silicon – based cell manufacturing upstarts and a number of thin film solar companies offering potentially unsettling technologies.
Solar energy and its use isn’t new to the world. It has been used by various societies beginning from 7thCentury B.C, when the sun’s heat was concentrated by glass and mirrors to light fires. Today, we have everything from solar-powered buildings to solar-powered vehicles. By and large solar technology has some environmental, economic, psychological and ethical implications for our society. Actions taken by companies and individuals to increase the use of solar technology will create good local jobs, improve our environment and reduce our dependence on foreign oil while doing what’s ethical and moral for our society.
The company I have chosen to analyse and interpret is China Power International Development Limited (CPID Limited). This company operates in the alternative energy industry. I will be examining the performance of the company through evaluating their annual reports for the years ended 2012 and 2013. Additionally I will be comparing the performance of CPID Limited to China Longyuan power as they operate within the alternative energy industry. China Power International is the “flagship company of China Power Investment Corporation (CPI Group), one of the five national power generation groups in the People 's Republic of China. It is engaged in developing, constructing, owning, managing and operating large power plants in China. Its segments