Solar Panel - Qatar - Thesis Example

The paper "Solar Panel - Qatar" is a perfect example of a business thesis. Qatar is a fundamental place that can be utilized to initiate a startup business because it has a market that will utilize the service being initiated. The rationale is based on the fact that everything that is required on business-related matters can be attained in Qatar. Fundamentally, this paper enumerates in detail how buying a farm in Qatar and purchasing electricity plates to be put in the farm is a significant business approach. The business approach of investing in Qatar entails that the process will help the firm gain and save the electricity during the day and then sell the electricity to huge institutions in Qatar firms like Qatar steel and Kahrmaa. Thus, it is a plan that can be utilized to undertake a startup firm in Qatar on the basis of electricity

Dew, Shoult & Wallace (2009), Qatar has the world’s third-largest gas reserves at 24 500 bcm as of the end of 2015 and its oil reserves amount to 3 500 Mt, which indicates that it has increased substantially since 2000 by more than 50%. On matters associated with electricity, it is heavily subsidized and tariffs are among the cheapest in the world. The country’s total consumption has experienced a strong increase since 2000 at an average rate of +11% annually. When it comes to the issue of the demand for electricity, there is an increase in the industry of electricity because the maximum network load has increased from 941 MW as of September 10th 1988 to 3,990 MW on September 10th 2008 whereby it reached its maximum in 2012 by 6255 MW. Fundamentally, the implication here is that the approach of investing in the industry of electricity in Qatar is an appropriate entity because the nature of the market permits the approach. The approach is likely to prosper because there is an increase in the need for electricity within the market sector.

• Target customer

The primary customers that the approach of investing in electricity matters are Qatar Steel Company and kahrmaa respectively. Dew, Shoult & Wallace (2009), indicates that Qatar Steel Company deals with Hot Bricked Iron (HBI) and Direct Reduced Iron (DRI), Steel Billets, and Steel Coils.