Solar Panel Distribution and Installation Centers in Mexico and Costa Rica

577 Words2 Pages
Product Launch Plan Solar energy is renewable energy source that opens opportunity for the world to reduce carbon emission and significantly cut cost. Mexico and Costa Rica lie within the Sun Belt region with highest solar radiation. Daily sunshine is evenly distributed in the region making its use potential more predictable and reliable. Additional to the natural endowment, technological innovations offer possibilities for cost effective adoption of the energy to service a wide range of economic activities in the countries (Bazán-Perkins & Fernández-Zaya, 2008). Herein this paper it is proposed to launch solar panel distribution and installation centers in Mexico and Costa Rica. Financial Information The planned solar panel distribution and installation centers are expected to have high cost implication in the initial years of the launch. The cost of purchasing stock of solar panels has been seen as prohibitive in embracing solar technology in the world (Bazán-Perkins & Fernández-Zaya, 2008). The budget on costs of purchasing the stock off solar panels and advertising the products and other underlying cost of running the distribution center are given below. The amounts shown are in millions of US Dollar Table 1 Budget of Expenditure Items First year Second Year Third Year 1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th Man Power 4.2 4.2 4.2 4.2 3.1 3.1 3.1 3.1 3.1 2.2 2.2 2.2 Marketing Costs 3.8 2 2 1 2.1 2 1.5 1 1
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