Commercialization Strategies For a Novel MPPT Technique
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open in viewerThe goal of the project was to create a set of commercialization strategies for starting a profitable business within the solar industry in the US. The business is based on Professor Yousef’s novel Maximum Power Point Tracking (MPPT) micro-inverter technique (Mahmoud, Y., 2017). The project involved understanding and explaining the relevant solar technology and building a business plan around the innovation. A SWOT analysis, Porter’s Five Forces, and general industry research were conducted in order to assess the business opportunity. The Business Model Canvas was also used to help communicate recommendations for commercialization. Additionally, with the absence of past historical sales data, the business plan also contains Sales Forecast estimates to roughly predict the business profitability in the first year of its operation.
- This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
- Creator
- Publisher
- Identifier
- E-project-042618-141422
- Advisor
- Year
- 2018
- Sponsor
- Date created
- 2018-04-26
- Resource type
- Major
- Rights statement
- Last modified
- 2020-12-27
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- In Collection:
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Permanent link to this page: https://digital.wpi.edu/show/s1784n565