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SOLAR PANELS AS A COST EFFICIENT ENERGY SOURCE

BUSINESS PLAN . SOLAR PANELS AS A COST EFFICIENT ENERGY SOURCE . GROUP MEMBERS. The Opportunity. Our aim is to provide the fastest way to overcome the energy shortage through electrification based on solar energy by offering products that would be cost effective in the long run

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SOLAR PANELS AS A COST EFFICIENT ENERGY SOURCE

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  1. BUSINESS PLAN SOLAR PANELS AS A COST EFFICIENT ENERGY SOURCE

  2. GROUP MEMBERS

  3. The Opportunity • Our aim is to provide the fastest way to overcome the energy shortage through electrification based on solar energy by offering products that would be cost effective in the long run • for harnessing renewable energy (RE) • Main focus is the creative application of solar technology and creating awareness

  4. The company Power Wow Energy Company name - Power Wow Energy Capture the sun , Green all the way

  5. Current Situation • Huge electricity crisis in Bangladesh . • Use of UPS / Generators leads to high utility bills. • Non polluting: no noise, no harmful or unpleasant emissions or smells. • Most solar panels have a 20 year warranty and even a longer life expectancy . • No import duty on solar chips – reduction in expenses.

  6. Company summary • We have 4 partners in our business. We are doing partnership business. • We are starting this business as new. Company locations – We chose the residential area Mirpurfor our company office location and there we will use a space for our product storage.

  7. Mission Statement To properly initiate, market and provide best solar lighting systems, while considering customer's cost cutting factor in this economical era and keeping our solar panels affordable, keeping customer requirement in focus

  8. HOW SOLAR WORKS

  9. Products& Services System Parts • Solar panel • Battery • Inverter Those all 3 things all together will be provided by us as a package for the consumers.

  10. Economical Packages

  11. Economical package 1 Battery Inverter 75 watt Solar panel For economical package 1 you will need 2 unit70/75 Wp Solar Module, unit60 Ah Industrial Battery and 1 Inverter. Its output will be above 150 watt. PRICE – 60,000/-

  12. Platinum package Battery Inverter For PLATINUM package you will need 4 unit 85 Wp Solar Module, 4 unit 80 Ah Industrial Battery and 1 Inverter. Itsoutputwill be above 350 watt. PRICE – 1,50,000/- 85 watt Solar panel

  13. Feasibility

  14. Feasibility

  15. Management • The management would comprise 5 Managers, in Marketing, Finance and Electric , Administration , Public Relation. • There is also one sells team and one accountant • There are three highly skilled electricians. • If sells team are able to increase the sell they will get some percentage of this .

  16. Hierarchy CEO P.R. Manager Marketing Manager Finance Manager Electric Manager Admin. Manager Customer Care Executive Electrician 1 Accountant Sells team Electrician 2 Electrician 3

  17. Suppliers Our main suppliers would be Chinese for solar chips Major suppliers are: • Coursertech Co., Ltd • Delight Lighting Co., Ltd. • DanyangHopesun World Business Co.Ltd. • Greenwood Solar China. Co Ltd We also get our battery and inverter from our local market.

  18. Competitors • Main Competitors • INTRACO group • Bright Green Energy Foundation • BD Power tech international

  19. Financial plan • Each of our four investors, who have been specified in the management section, has decided to invest Tk. 20,00,000/- each making a total of Tk. 80,00,000/-. • Since all our investors are investing equally, the company’s profits will also be shared equally • If any of our members wants to leave his partnership he can only sell his share to the remaining 3 members

  20. Important Assumptions • Year 1 • Year 2

  21. Target market • In the Mirpur area there are many scope for us where we can sell our packages • Household users • Party decorators • Educational institutes , • Hospitality service providers • Saloons , Fast foods , Furnishers store. • Corporate sector , Garments

  22. Marketing Strategy Sales Program: At the first year of business our target was to stay in the market with a low profit. After some time we became established , we raise our package rate and take a profitable amount of money from the buyers. • Advertisements on billboards and news paper • Developing a web page for B2B services and B2C services. • Also giving some discounts on packages . Above the Line

  23. Conclusion If everything goes well on our plan we hope we are able to take our market with in 1 year . We are not only take profit our mission is also to say the people that “WE WILL USE LESS ENERGY”.

  24. Thank you for listening

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