In the paper “Nanosolar Solar Panel” the author discusses the only solar panel in the world that is printed like a newspaper which makes it easy to transport and easy to install. It is also the most efficient with 17 percent efficiency in converting heat to energy…
Nanosolar will increase the value of its products for all its stakeholder by going global. For the same manufacturing and Research and Development expenses, it will be able to widen its market. The best strategy is to penetrate a country that is underexplored by solar panel manufacturers. By using export mode, Nanosolar will be able to maximize current investment. The mobility of its panels will make it easy to transport. Nanosolar may continue manufacturing its products in its current location and ship it to the country of choice. Introduction: Company Background Nanosolar is a revolutionary solar panel created by a startup company who got their initial funding from Silicon Valley venture capitalists (VC). True to the reputation of young Silicon Valley technology developers, Nanosolar is radically different from other solar panels such as Sunpower and Evergreen. This solar panel is as thin as newspapers, foldable, flexible and very light. This makes it a non-intrusive technology. Other solar panels need to be incorporated in the construction of buildings or houses or would require major construction to be installed. Nanosolar’s size, lightness, and flexibility make it easier to be installed. Any existing homeowners can buy this solar panel and install it with minor repairs (LaMonica 2008, 41). The company originated in Chicago but has expanded its operation in the United Kingdom. In fact, their first major contract was in Germany instead of the U.S. Nanosolar continues to develop its technology to improve the amount of heat it converts to energy and make solar electricity cost as affordable as conventional electricity. They are now officially the world’s most affordable solar panel and also the most profitable for the stakeholders of the company and efficient for the consumers of the product. Its superior technology and even more superior market positioning also give it the potential to be a truly global product. It is the only solar panel on the market that is possible to be shipped through conventional consumer courier. It is the framework that makes Nanosolar’s entry into the foreign market not only practical but logical. It will maximize the current investment by capturing a larger market. Main Report Motives for Internationalization The strongest reason for internationalization is the value it promises to its shareholder. The most obvious is the additional revenue it will generate using existing resources (Friedman 1970, 32). Nanosolar is the only one of its kind in the market that is easy to transport because of its flexibility. It renders the setting up of a manufacturing plant unnecessary. Companies who expand to foreign markets are forced to open a manufacturing plant in or near the market they want to penetrate. This equates to bigger investments which lengthens the returns to the stakeholder (Hollensen 2011, 231). ...
Cite this document
(“Nanosolar Solar Panel Essay Example | Topics and Well Written Essays - 3250 words”, n.d.)
Retrieved from https://studentshare.net/business/2431-global-marketing
(Nanosolar Solar Panel Essay Example | Topics and Well Written Essays - 3250 Words)
“Nanosolar Solar Panel Essay Example | Topics and Well Written Essays - 3250 Words”, n.d. https://studentshare.net/business/2431-global-marketing.
The block diagram represents a 6-12V, 300mA circuit that charges batteries using solar cells that draw power directly from sunlight. The circuit can be divided into 3 parts: the voltage regulator, the comparator and the battery voltage checker. The voltage regulator controls the voltage and current from the solar panels to the battery.
It is already been given above the sky an enormous power source with clean and sustainable energy that is free at all cost. However, human still unwisely use their money and time seeking for oil and coal in order to produce something that will become a source of energy.
Reducing the use of fossil fuels is an important factor as it helps in diminishing the adverse economic impacts resulting from climate change. This is the main reason why individuals are focusing on the utilization of greener energies such as solar, wind, hydropower among others (Pullen, 2009).
The company is a designer and manufacturer of photovoltaic cells, for large commercial rooftops (Solyndra 2011, 12). In addition to the United States, it has offices in Switzerland, Italy, Germany and France. Prior to acquiring the current name, it was formerly known as Gronet Technologies, Inc.
In both the countries development issues like education and health paradigms are important ingredients of government priority. But at the same time, the environmental factors have increasingly become major concern for them. Thus, looking from the
The first narrative of the parent panel was very shocking for me, especially Danielle’s recount of her second pregnancy. Danielle’s first pregnancy, while having gestational diabetes, gave birth to a healthy and normally developing little girl. Throughout her second pregnancy, the first twenty weeks revealed signs of a typical, healthy pregnancy.
However, if it is over consumed, it can cause serious damage especially in the arteries (Hayashi & Su, 2010). The skin contains a special form of cholesterol that possesses the ability of changing into vitamin D when exposed to sunlight. In the blood,
2 Pages(500 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Nanosolar Solar Panel for FREE!