Solar Energy Company | Financing Venture and Funding Growth

Running Head: SOLAR ENERGY COMPANY
Solar Energy Company
Name of the Student:
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1SOLAR ENERGY COMPANY
Executive summary
In this report it is discussed about the financing venture and funding growth of a new startup
company which is a solar power plant. Then it is discussed about the investment required, profit
in the business, device required, pricing of the product and service.

2SOLAR ENERGY COMPANY
Table of Contents
Solar Energy Company....................................................................................................................3
How to start the business?...............................................................................................................4
Device description...........................................................................................................................5
Price.................................................................................................................................................7
Buying or selling process.................................................................................................................8
Goals................................................................................................................................................9
Leadership......................................................................................................................................10
Production......................................................................................................................................11
Market and Management...............................................................................................................11
Funding..........................................................................................................................................12
Profitability....................................................................................................................................13
Reference list.................................................................................................................................14

3SOLAR ENERGY COMPANY
Solar Energy Company
The solar photo voltaic converts the sunlight into electricity which can produce electricity
to meet the large requirements. Solar power has wide range of application like from hoe use to
industrial use. It is capable of generating enough power which is sufficient for industrial use.
There is numerous benefit of using solar energy as it is pollution free, eco-friendly, save
electricity bill, low maintenance cost, durable and reliable. Currently solar power is one of the
most important renewal source of energy, which creates many opportunity for new business
startups. Solar energy is creating a great market opportunity in both the urban and rural areas.
UK is a sun reach country due its geographical locations, which increases the chance of giving a
boom to all the solar energy companies. UK is going to be the solar hub for many startup
companies if proper funding and planning is done (Rangan and Bijlani 2017). To create the
opportunity in the field of solar energy one has to be perfect from the installation, sales, service
and other related issues. There are many factors that are essential for the success of this company
like design, solar product quality, construction issues and many others. As more people, cities are
turning toward the usage of renewal source of energy, the solar energy industry are going to
grow at rate of 20 percent every year. While the technological advancement and government
interference toward the usage of renewal source of energy has lead to the improvement of
technology, reduction of cost of materials, providing subsidies and availability of solar power at
cheaper price (Lee, Shin and Kim 2019).
There are mainly three types of solar power plant which can be developed according to
the need and there are many factors which are needed to be considered before setting up a solar
power plant. So the three types of power plant are as follows: