Scottsdale 4/11/2014 3:00:00 AM
QualityStocks News - P2 Solar (PTOS) Provides Alternative Energy Solutions
QualityStocks would like to highlight P2 Solar, Inc. (OTCQB: PTOS). The company participates in the lucrative renewable energy market as a developer of solar photovoltaic (PV) power and mini-hydro projects. Acknowledging the rising demand for clean energy worldwide, renewable energy's increasingly competitive edge over grid electricity, and commercial efforts to reduce reliance on greenhouse gas emitting fossil fuels, P2 Solar invests and channels its resources to benefit from these global trends.
In the company’s news,
P2 Solar’s mission is “Powering Change”, exactly as it says on the company’s logo.
Formed in March 2009, P2 Solar develops solar power projects in prime locations where the sun exposure is high and area governments support solar project development. The locations chosen by P2 Solar often depend on the availability of subsidies, which governments offer to attract and incorporate solar power into their electricity consumption profiles.
P2 Solar’s initiatives are part of the global movement towards choosing alternative energy sources over traditional grid electricity solutions. This movement is growing in areas where electricity costs are on the rise, especially in developing countries. Public and private sectors in these areas are also interested in exploring renewable, green energy sources as a way to reduce their dependence on fossil fuels and be more environmentally friendly.
The company currently has two projects in its pipeline. These projects, the Rajgarh Mini-hydro Project and the Tibba Mini-hydro Project, are in India, where the population—and cost of electricity—is rising rapidly. The mini-hydro projects use the locations’ natural landscapes to divert water through a turbine, keeping the irrigation canal and surrounding terrain largely undisturbed. Both projects are considered to be a major milestone for P2 Solar, as they are its first significant projects underway in India.
One of the company’s most notable projects is the Langley Rooftop Project in Langley, British Columbia, Canada. The company built a 53 KWp solar PV rooftop for a warehouse for Canada Ticket, Inc. Finished in 2013, the project is expected to generate about 10% of the Canada Ticket’s power. The company caught the eye of fellow businesses in British Columbia, who have since expressed interest in solar energy solutions.
While P2 Solar’s day-to-day operations are focused on growing its business successfully, its overall mission promises to change the way we think about and use alternative energy.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
