In late September 2009, the CEO of the Nasdaq-traded solar battery and module maker, Canadian Solar, was at an inflection point in the development of its global method. The business had actually experienced vibrant development throughout the previous 5 years buoyed mostly by aggressive reward plans to set up solar photovoltaic (PV) innovation in Germany and Spain.
The credit crunch, combined with modifications in federal government reward programs, triggered a significant decrease in the need for solar PV innovation and experts were anticipating that complete year 2009 sales would decrease. Canadian Solar had actually chosen to focus on 10 significant markets in the next 2 to 3 years where strong sustainable policies existed.
PUBLICATION DATE: April 05, 2010 PRODUCT #: 910M19-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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