P2 Solar, Inc. (PTOS) Focuses on Solar Power Initiatives

P2 Solar is a tactical operator. With the guidance of executives who have over 60 years of collective experience, the Canadian corporation develops solar photovoltaic (PV) and hydropower projects around the world.

For close to 25 years, P2 Solar has consistently set up shop where renewable energy policies are advantageous. The company sees tremendous opportunity in the renewable energy space, especially with solar PV initiatives. By setting up in regions where solar energy administrations are encouraging, P2 Solar is able to facilitate the development of its current projects and aggressively pursue expansion opportunities.

The company focuses on constructing solar power plants as well as designing and installing solar PV systems on office rooftops, as it did with the Langley Rooftop Project in British Columbia (BC).

Last year, P2 Solar completed a 53 KWp solar PV project on Canada Ticket’s warehouse rooftop in Langley, BC. The project was a turning point; it marked P2 Solar’s transition from a “development-stage” enterprise to a “revenue-producing” one.

At the time of commissioning, this project was one of the largest solar PV projects attached to BC Hydro’s electricity grid and, once completed, was expected to produce approximately 10% of Canada Ticket’s electricity power requirements. The project also demonstrated the latent viability of dispersed solar PV facilities in BC. P2 Solar now anticipates expanding the project’s capacity in the future.

P2 Solar believes that large-scale solar PV facilities have the potential to function profitably in BC under the current energy regulatory regime, even without the special tariff incentive support from BC Hydro. The facilities should be viable if located in the areas of BC that receive the greatest solar irradiation.

The Canadian Ticket project has caused P2 Solar’s management team to further assess the possibility of building a megawatt-scale, ground-mounted solar PV facility in BC. In fact, management has already carried out first-round site evaluations. Additionally, the project has increased the awareness and interest of potential new clients in BC and they are now looking to feature distributed green power at their facilities.

For more information, visit www.p2solar.com

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