Business Description
There has been a great surge in the push for renewable energy over the past two decades. The rate at which the earth is taking damage from global warming is so alarming there is need for use of alternative renewable energy. Factories and plants have energy as the most expensive factor of production in the production process. Plants and factories look to cut costs on energy. The existence of this need necessitates the existence of renewable energy companies to bridge the gap.
Company Description
Goals and Objectives
The company’s goal is to be liaise with government and the private sector to advocate the use of renewable energy in manufacturing plants and factories.
Critical Success Factors
The following factors will be crucial to the success of this venture:
- Involvement of government to take advantage of incentives of a green business. The government has set up incentives to encourage green businesses. It will be crucial that government be involved to fully take advantage of these incentives.
- Effective marketing for the better part of the first financial year.
- Proximity and availability of raw materials.
This venture will go a long way in solving the current energy problems facing the country and the world. The company will focus on factories and plants since they are one of the largest consumers of energy and the biggest emitters of Green House Gases.
References
Agency, International Energy. Solar Energy Perspectives. Paaris: OECD Publishing, 2011.
Ollhoff, J. Solar Power. Edina: ABDO Pub., 2010.
