Winsol, located in Addis Ababa, Ethiopia, was a company that manufactured solar charging products for farmers in rural Ethiopia. The company could not keep up with demand, and its founder wanted to move to an industrial park to expand operations. However, Winsol needed to meet the following qualifications within one year of moving into the park: have more than 30 employees; produce import substitutes or exportable products; and have registered business .....more

<p style="color: rgb(197, 183, 131);"><strong> AWARD WINNER: Honourable Mention in the 2025 Ivey Publishing Sustainability Case Writing Awards </strong></p><br><br>In October 2023, Zephyr Solaris Energy Corp., a leading renewable energy company in Taiwan, faced a crucial decision regarding expanding its solar installations in rural south Taiwan. At its Taipei headquarters, Chairman Li Ming-jie and the .....more

Vincent Maphosa was the founder and chief executive officer of Wetility, a solar energy start-up based in South Africa. On April 20, 2023, Maphosa faced a critical decision that could shape the financial trajectory of his emerging four-year-old business. Wetility was contending with a balance sheet weighed down by debt and significant operational pressures. Maphosa’s dilemma was choosing between securing potential equity investment and leveraging .....more

Nicole San Juan, a portfolio manager for Crown Asset Management Philippines’ Peso Global Sustainability Fund, was trying to complete her valuation of Alternergy Holdings Corporation (the Company) stock in time for its initial public offering (IPO) in March 2023. San Juan needed to assess the Company’ value, strengths, weaknesses, and prospects to determine whether the stock would be a good investment. The Company had many renewable energy projects .....more

Qulliq Energy Corporation (QEC) was a unique entity tasked with powering one of the world’s most remote and challenging regions: Nunavut, Canada. As the sole provider of electricity to the territory’s 25 isolated communities, QEC faced a daunting array of challenges, including extreme weather conditions, logistical complexities, and the high cost of diesel fuel. The case is set during a cybersecurity breach, underscoring the vulnerability of critical .....more

Burberry Group plc (Burberry), the 169-year-old luxury British brand, reported a major fall in its brand value and profits amid a slowdown in demand for luxury goods in Asia and the United States. Other luxury brands also reported slowdowns, but Burberry was facing the worst of it. In July 2018 the company made headlines for burning its unsold inventory, the start of one of Burberry’s most difficult periods. The fashion house tried to regain its place .....more

In March 2024, the global energy storage market witnessed a landmark event. The Indian public utility Gujarat Urja Vikas Nigam Limited was able to lower its rates, or tariffs, for energy storage by 58 per cent, compared to bids submitted in a previously issued government tender. The low tariffs, which were the lowest rate ever reported, would open a floodgate of opportunities for the renewable energy industry. Commercially viable energy storage would .....more

People in Yemen faced several challenges such as lack of food, water, electricity, or proper hygiene and sanitation. Distressed by the challenges faced by the Yemenis, Iman Hadi (Hadi) set up Friends of the Environment Station (FOES) solar micro-grid station in Abs district in the Hajjah governorate in Yemen backed by the United Nations Development Programme’s (UNDP). In 2021, Hadi planned to scale up her solar project in other rural districts of .....more

In January 2021, an equity analyst in the Student Managed Investment Fund of the Asian Institute of Management was trying to estimate the weighted average cost of capital (WACC) of Aboitiz Power Corporation (AP) based on the capital asset pricing model. The WACC estimate would be part of her discounted cash flow valuation, which would then help her determine whether or not the fund should invest in Aboitiz Power Corporation. AP was a leading power .....more

Managers at the Chinese state-owned hydropower development company Jiuzhaigou Hydropower Development Co. (JHDC), in Sichuan Province, were considering using photovoltaic (PV) power generation in the wake of carbon-emission regulations. After JHDC was founded in 2003, it built five hydropower stations, its original and traditional power-generation mode. When China proposed its double-carbon policy, JHDC’s general manager realized it was time to explore .....more