SunEdison SWOT
SWOT analysis: SunEdison
Strength
The cost of solar panels has dropped 75% in the last six years. (Sunedison.com)
The performance of solar panels has also increased by 50% in the last six years. (Sunedison.com)
According to their website, they are very innovative. Their latest innovation is a technology called “high pressure fluidized bed reactor” that produces “the world’s most cost-effective silicon, which is the key ingredient in solar panels.” (Sunedison.com)
SunEdison puts their “ideas into actions.” In 2014 they built the largest solar plant in South America, which generates enough energy to power 20,000 homes. (Sunedison.com)
SunEdison also focuses on doing well for the community. Their latest project is to bring solar electricity to “7,800 people in remote villages in India.” (Sunedison.com)
Their website is extremely helpful, organized, detailed and they make their business and solar energy easy to understand for the average person.
Weaknesses
Solar power can be unreliable especially in areas with unreliable climates. (Bratley, 2015)
Even though prices are dropping, solar energy is still expensive. There’s a “high upfront cost and long return on investment.” (Bratley, 2015)
To be able to generate enough electricity, solar power installations require a large area. (Whitburn, 2012)
Solar power isn’t the best option for power output compared to other options. (Whitburn, 2012)
On TheStreet.com, they say that SunEdison’s weaknesses can be seen in many different areas. This includes “deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and poor profit margins.” (Meola, 2015)
Solar energy is “an intermittent energy source.” Access to sunlight is limited at times, such as only daytime and not nighttime. (Maehlum 2014)
Opportunities
Aside from technology improving in general, technological advancements are constantly being made in the solar power industry as well. (maehlum, 2014)
Many people
Strength
The cost of solar panels has dropped 75% in the last six years. (Sunedison.com)
The performance of solar panels has also increased by 50% in the last six years. (Sunedison.com)
According to their website, they are very innovative. Their latest innovation is a technology called “high pressure fluidized bed reactor” that produces “the world’s most cost-effective silicon, which is the key ingredient in solar panels.” (Sunedison.com)
SunEdison puts their “ideas into actions.” In 2014 they built the largest solar plant in South America, which generates enough energy to power 20,000 homes. (Sunedison.com)
SunEdison also focuses on doing well for the community. Their latest project is to bring solar electricity to “7,800 people in remote villages in India.” (Sunedison.com)
Their website is extremely helpful, organized, detailed and they make their business and solar energy easy to understand for the average person.
Weaknesses
Solar power can be unreliable especially in areas with unreliable climates. (Bratley, 2015)
Even though prices are dropping, solar energy is still expensive. There’s a “high upfront cost and long return on investment.” (Bratley, 2015)
To be able to generate enough electricity, solar power installations require a large area. (Whitburn, 2012)
Solar power isn’t the best option for power output compared to other options. (Whitburn, 2012)
On TheStreet.com, they say that SunEdison’s weaknesses can be seen in many different areas. This includes “deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and poor profit margins.” (Meola, 2015)
Solar energy is “an intermittent energy source.” Access to sunlight is limited at times, such as only daytime and not nighttime. (Maehlum 2014)
Opportunities
Aside from technology improving in general, technological advancements are constantly being made in the solar power industry as well. (maehlum, 2014)
Many people