Development of a Business Plan for an Integrated Light Pole Wind Turbine System in Puerto Rico
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A university team worked on a new product development to reduce the energy costs associated with public illumination. The research deliverables include the development of a business plan that proposes a substitution of the current energy source with an eolic alternative. The proposed application could result in savings of approximately $ 100 million annually. Topics within the research include application and market identification, evaluation of alternatives and risk analysis.