Advantages of seeking the local partners and prepare the checklist to choose the right international partner for entering into a foreign market Thoughtful partnerships can enable north American companies to sustain in a dynamic market . A.
Government: Looking at the factors Like Tariff ,polices and other conventions It would be thoughtful for the Energy projects or a Renewable energy Corporations sign an agreement with government initially when they go global which Is exampled In the case study when agreement is made between Dc(export development Canada) and he sustainable development technology partnered to promote Canada’s clean technology including solar power capabilities B.
Ex-lamp Banks: Next challenge to be faced by any Power corporation is definitely in terms of investments and also random change in interest rates so which is highlighted as Capital-intensive nature in the case study . Also ex IM banks ca allot longer term up to 18 loan tenor for the renewable energy projects which is very potential for the growth of the firm says Craig o’ Connors the director of Bank’s office of renewable energy and environment sports. C.
Local Partners: Now since the company has overcome the dynamic factors like Polices and Interest rates by partnering with above two entitles nest thing would definitely be to win locals for the Investments and for the support Inters of raw materials land Infrastructure manpower etc For example Sun Edison signing the deal with Chile’s largest steel company to build what is expected producing 270 gig watt hour of clean energy with drawing some 30000 cars from the environment which is mind boggling fact also makes company socially responsible for cleaning the environment on such a large scale D.
Investment firms: Tanta and Pan-American solar power projects in southern Peru by the us investment firm Conduit capital partners is one of the largest up plants connected to Public Latin American power grid . E. Local contractors: Lastly partnering with the local contractors would play a major role in not only winning the popularity but also optimization of the cost because of his knowledge spill and his past experiences In the market and how to scale It.
That Includes how to benefit the local community and educating the public about the renewable energy projects to win their support After analyzing the above variables my checklist of entities which I believe the energy and power based projects should partner with are A. Government. B. Ex-elm Banks. C. Local Partners. D. Investment firms. E. Local contractors. Partners for energy corporation By Machinate-Podiatry A.
Government: Looking at the factors like Tariff ,policies and other conventions it n agreement with government initially when they go global which is exampled in the like Policies and interest rates by partnering with above two entities nest thing would definitely be to win locals for the investments and for the support inters of raw materials land infrastructure manpower etc For example Sun Edison signing the deal because of his knowledge spill and his past experiences in the market and how to tackle it. That includes how to benefit the local community and educating the public
