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Solar Windows for Sustainable Energy Generation

   

Added on  2023-01-12

24 Pages4711 Words24 Views
Business DevelopmentFinanceMaterials Science and Engineering
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Programme Title Business Management
Module Title Entrepreneurial Development
Academic Declaration:
Students are reminded that the electronic copy of their essay may be checked, at any
point during their degree, with Turnitin or other plagiarism detection software for
plagiarised material.
Solar Windows for Sustainable Energy Generation_1

Contents
Product Introduction................................................................................................4
Sales Profit Objectives............................................................................................4
Why is this idea Investable?...................................................................................4
Customer Value proposition...................................................................................5
Lean Business Model.............................................................................................7
Problem Allocation..............................................................................................7
Customer Segmentation.....................................................................................7
Customer Value Proposition...............................................................................8
Problem Solution.................................................................................................8
Channel of Programs..........................................................................................8
Revenue Streams...............................................................................................9
Costing Structures...............................................................................................9
Key Metrics..........................................................................................................9
Unfair Advantage..............................................................................................10
1. Define the Customers Travel Card............................................................11
2. Identify communication points...................................................................11
3. Real-time monitoring of their behaviour....................................................11
4. Provide a personalised service.................................................................11
5. Observes and analysed how many potential customers are accepting the
offer of the business and take action.......................................................................11
6. Observe and Analysed consumers engagement in the user bounced off
the before taking the action......................................................................................12
7. Get Feedback................................................................................................12
Financial Plan.......................................................................................................12
Projected cash flow...............................................................................................13
Pro Forma Cash Flow...........................................................................................14
Break-Even analysis.............................................................................................15
Role of COO in Business Organization.............................................................16
Conclusion............................................................................................................16
Solar Windows for Sustainable Energy Generation_2

References............................................................................................................17
Important Assumptions..............................................................................19
Appendix......................................................................................................21
Projected Balance Sheet............................................................................21
Solar Windows for Sustainable Energy Generation_3

Product Introduction
Solar windows are used in the building to produce sustainable energy with in
building. There are different smart buildings are developing currently to reduce the
carbon foot print with in the building. These solar windows are made of semiconductor
material that can convert solar energy into electrical energy.Solar windows are windows
that are used as solar panels to collect solar energy and convert it into electricity.
Building owners can buy sunglasses to replace existing windows or buy sunglasses to
replace existing windows (Davy et al., 2017). Three types of solar windows are currently
present in the market.
1. Photovoltaic Film: This is a film-coated with organic glass and can also be
used as a conventional window glass retrofit solution.
2. Double glazed unit: This is also known as double glazing or glass glazing,
which is a crystalline germanium solar cell sandwich between two layers of glass.
3. Solar Windows: Solar windows are glass windows that contain solar cells in
the glass (Davy et al., 2017).
Sales Profit Objectives
To Install Solar window in the building to generate electrical energy some small
appliances.
To Save energy cost with in the building.
To analyse the cost of implementation of solar window in building.
Why is this idea Investable?
This idea is investable because solar energy has proliferated over the last
decade. Collecting and storing unlimited, free and clean solar power seems sensible
(unlike the limited and hard-to-find production of crude oil and natural gas, which
produces many problematic gases when consumed). Not only can we build substantial
solar panels to serve as the next generation of power plants, but also every building and
house gets all or part of its energy. However, buildings and homes have many barriers
Solar Windows for Sustainable Energy Generation_4

to solar panels (Davy et al., 2017). First, the aesthetic effect of solar panels is not so
obvious. Another related issue is that panel-mounted solar cells are typically placed on
the roof to share space with HVAC systems, emergency exits, and other maintenance
facilities. While this is a sensible place to install panels, it also means that the roof area
(valuable property in the city) cannot be used for greened decks, plants or gardens
(Lunt and Zhao et al., 2019).
When considering the greening of smaller dwellings, some owners had to choose
between offering green space/outdoor fencing and solar panels. When considering
ways to make urban areas healthier and greener, we want to stop using rooftops or food
and entertainment in green spaces, but at the expense of creating clean, cheap energy
(Lunt and Zhao et al., 2019). They allow even more windows to be used per square foot
in new buildings, which also has the advantage of allowing/using natural daylight (using
passive solar heat in winter), thereby reducing electricity consumption - doubling the
amount of energy saved. Larger windows are also more popular than ever in new
buildings, and the cost savings can be significant. Instead of buying and installing
separate solar panels, solar panels can be installed as standard windows, and the
additional cost of a solar window is small compared to conventional windows. Because
solar panels are associated with the availability of silicon, solar cell windows can also
save you money because they are not germanium-based but can be made from
different types of cheap plastic. The increase in investment costs is estimated to be
three to five years (Davy et al., 2017).
Customer Value proposition
The mission of the company is to make the world sustainable windows through the use
of engaging in the mass market. An important part of achieving this goal is the
desirability of sustainable windows. To this end, the company created an online
experience to promote car awareness and appeal to promote their windows and brands.
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The company focuses on emotionally shaping the experience. Emotional design is
divided into three levels: internal, behavioural, and reflective. The internal organs are
the first visual impression of the product, and the quality can be recognised by the
appearance. The company uses the windows full-screen image to resolve the issue by
making a statement through the details and clarity of the image. Fulfilment of
behavioural requirements (i.e., performance of the desired function of product
capability) through summary text, icons, and attention to security and performance.
Reflective is how the product makes us feel about others' feelings and imaginations.
The company solves this problem through its video content, making the window a real
environment, making it easier for consumers to own a business.
Because the company needs to convey a lot of information and at the same time
generate positive emotions, the page is divided into nine full-screen sections for easier
management of the user experience. This approach is also called step-by-step
disclosure: another way of segmenting information to ensure consumer overload.
Value Proposition Canvas
Value proposition can canvas is used by the business organization to position their
products around the customers in order to maintain the performance of the business
organization in the target market. there are different consideration are considered from
perspective of organization. In the customer profile gains, customer jobs and pain are
considered in the customer profile. In the business profile gain creators, products and
services and pain are considered by the business organization.
Customer Profile
Cusomer jobs-Pay Bills, energy use tracking.
Gains- Peak demand management, saving money in electrical bills
Pains- Inability to understand details, financial targets.
Company Profile
Solar Windows for Sustainable Energy Generation_6

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