ASA Consulting is presently conducting feasibility studies in Saudi Arabia for a local entrepreneur considering an investment in a specialist tech start-up for solar PV design software. This software will be used by design and construct contractors, building designers, consulting engineers and solar panel design and installation contractors.
The company has developed an automated software tool for the design of solar installations that incorporates novel imaging technology.
The software solution enables the optimisation of an installed solar system including layout by facilitating a significant reduction in cost of the solar design process that includes the elimination of the need for a site visit. The software solution can also improve system efficiency of the installed solar installation by means of eliminating the specification of unnecessary capacity.
In order to optimise its business strategy, the company wishes to identify appropriate intellectual property (IP) protection and company formation roadmaps and to conduct a market, techno-economic and financial feasibility study for purposes of obtaining business finance.
This feasibility study includes a market evaluation focussing on the international demand for solar design software to include market research covering design and build construction companies and engineering consultants in Saudi Arabia engaged in major housing developments in support of the aims of the current strategic vision embodied in Saudi Vision 2030.
In this connection it is important to assess the requirements for solar design software of the major regional building design companies, consulting engineers and solar equipment installers located in Saudi Arabia and United Arab Emirates.
A market, techno-economic and financial feasibility study that will be the basis of an application by the company for start-up finance to a regional financial institution will incorporate cost estimations for setting-up, launching and operating the necessary business processes with financial projections.
If you have any enquires about our feasibility studies in Saudi Arabia, please direct these to us at enquiries@asaconsulting-me.com.