SWOT Analysis

Opportunities

Literacy rates could be increased
Gives people a chance to study at night, because they work all day
Allows for electrical access to consumers easily
No need for intense infrastructure
High output to cost ratios for third world consumers
Helps save money for third world countries
Saves trees and can contribute to the stoppage of deforestation
Can give an introduction of how good solar power is for these developing countries and potentially cause people to switch from traditional power methods
Clean power

Threats

Product deformation on Trans-Atlantic shipping
Delicate parts for usage in third world consumers
Low education or literacy rates for giving directions for usage
Increased temperature in environments degrades solar panel efficiency and limits output
Considerably expensive for third world countries

Guinea

Strengths

Ease of deliverability- We have an advisor with marketing expertise
Adaptability of design to different environments- reflecting design gives largest energy output in a day
Increased voltage production for running devices more effectively

Weaknesses

Limited voltage increase
Performing deals with third world countries
Advertising product to consumers in third world countries
Temperature increase reduces voltage output

Threats

Can’t be collecting energy all the time due to the constraint of the sun and weather conditions
Increased temperature in environments degrades solar panel efficacy and limits their output
We need some sort of battery to store energy for nighttime usage
Limited voltage increase
Product can be affected by the massive number of trees in the area, trees may shade of our product

Opportunities

Help reduce New Haven's carbon footprint
Can go farther than New Haven, such as the Ivory Coast
The Sun is “free” and it’s out for at least eight hours a day- which is always reliable
Save lots of money for the city
Creates jobs for the creation of our units

New Haven

Strengths

Excellent advisors, we’ve been getting multiple amounts of feedback from different teachers based on their expertise
Innovative- This new design for lights with the addition of following the sun has never been seen before in today's markets
Increased output compared to your typical solar panel
Suitable cost for New Haven
There are a plethora of street lights in New Haven, being a city
Anything that has to do with renewable energy makes it look good for the environment, appealing to more people to push our product on the streets
We can use various technology platforms to get the word out

Weaknesses

Lots of competition in this new frontier of renewable energy
Everything is already gas powered- the city may think it would be hard to switch all the systems over- also getting the product out there might present challenges
Underdeveloped company
A small company trying to “kick out” the large gas and electric companies that work with the city will be difficult
Weak funding for our product
Availability of our product- can we make enough to supply the demands of the city?

Back to Business

SWOT Analysis

Opportunities

Literacy rates could be increased

Gives people a chance to study at night, because they work all day

Allows for electrical access to consumers easily

No need for intense infrastructure

High output to cost ratios for third world consumers

Helps save money for third world countries

Saves trees and can contribute to the stoppage of deforestation

Can give an introduction of how good solar power is for these developing countries and potentially cause people to switch from traditional power methods

Clean power

Threats

Product deformation on Trans-Atlantic shipping

Delicate parts for usage in third world consumers

Low education or literacy rates for giving directions for usage

Increased temperature in environments degrades solar panel efficiency and limits output

Considerably expensive for third world countries

Guinea

Strengths

Ease of deliverability- We have an advisor with marketing expertise

Adaptability of design to different environments- reflecting design gives largest energy output in a day

Increased voltage production for running devices more effectively

Weaknesses

Limited voltage increase

Performing deals with third world countries

Advertising product to consumers in third world countries

Temperature increase reduces voltage output

Threats

Can’t be collecting energy all the time due to the constraint of the sun and weather conditions

Increased temperature in environments degrades solar panel efficacy and limits their output

We need some sort of battery to store energy for nighttime usage

Limited voltage increase

Product can be affected by the massive number of trees in the area, trees may shade of our product

Opportunities

Help reduce New Haven's carbon footprint

Can go farther than New Haven, such as the Ivory Coast

The Sun is “free” and it’s out for at least eight hours a day- which is always reliable

Save lots of money for the city

Creates jobs for the creation of our units

New Haven

Strengths

Excellent advisors, we’ve been getting multiple amounts of feedback from different teachers based on their expertise

Innovative- This new design for lights with the addition of following the sun has never been seen before in today's markets

Increased output compared to your typical solar panel

Suitable cost for New Haven

There are a plethora of street lights in New Haven, being a city

Anything that has to do with renewable energy makes it look good for the environment, appealing to more people to push our product on the streets

We can use various technology platforms to get the word out

Weaknesses

Lots of competition in this new frontier of renewable energy

Everything is already gas powered- the city may think it would be hard to switch all the systems over- also getting the product out there might present challenges

Underdeveloped company

A small company trying to “kick out” the large gas and electric companies that work with the city will be difficult

Weak funding for our product

Availability of our product- can we make enough to supply the demands of the city?