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COM2601 Assignment 3 PORTFOLIOS (COMPLETE ANSWERS)
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, QUESTION 1 COMPANY PROFILE [5] 1 Write a briefbackground on the company you have chosen to observe. (5)
1. Company Name and Industry:
GreenWave Solutions operates in the renewable energy industry, focusing on sustainable solutions
that harness solar and wind power. The company provides eco-friendly products and services aimed
at reducing reliance on non-renewable energy sources.
2. Foundation and History:
Founded in 2016 by a team of engineers passionate about environmental conservation, GreenWave
Solutions started with a mission to address the growing demand for sustainable energy. Initially
focused on residential solar panel installations, the company has since diversified into wind power
and commercial energy solutions, making steady strides in the green energy sector.
3. Mission and Vision:
GreenWave Solutions is driven by a mission to empower communities with reliable, renewable
energy while contributing to global environmental conservation. The company envisions a world
where sustainable energy is accessible to everyone, aiming to be a leader in innovative, affordable
renewable energy solutions.
4. Products and Services:
The company offers a variety of energy solutions, including solar panels, wind turbines, energy
storage systems, and smart energy management software. In addition, GreenWave Solutions
provides consultation and energy audit services to help businesses and households transition to
sustainable energy efficiently.
5. Location and Market Presence:
Headquartered in Nairobi, Kenya, GreenWave Solutions has a robust local presence and has
extended its services across East Africa. With plans for expansion, the company aims to establish
operations in several African countries by 2026, becoming a recognized player in the renewable
energy industry on the continent.
Additional Examples
1. Company Name and Industry:
AgriGrow Industries is an agricultural technology firm specializing in sustainable farming
solutions. The company focuses on providing high-tech agricultural equipment and consulting
services to help farmers optimize their crop yields and resource use.
2. Foundation and History:
AgriGrow Industries was established in 2015 by two agricultural scientists with a shared vision of
transforming traditional farming. Beginning with a small range of eco-friendly equipment, the
company quickly expanded to incorporate cutting-edge farming software and equipment across the
country.
3. Mission and Vision:
AgriGrow Industries’ mission is to empower farmers with the tools and knowledge to improve crop
production sustainably. Their vision is to drive innovation in agriculture and help create a future
where food production is both efficient and environmentally responsible.
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