p2 solar inc (PTOS) Snapshot

P2 Solar Inc. announced that construction of the company's Langley rooftop project is scheduled to begin by the middle of June 2013. As the company has previously indicated, P2 has been engaged to build a 53KWp solar PV rooftop facility at the office and warehouse complex of Canada Ticket Inc. in Langley, B.C. Upon commissioning, this project will be the single grid-connected solar PV facility in British Columbia. The project will validate that there is a strong financial and economic case for solar PV in B.C. despite the low level of incentives available as compared to other jurisdictions, which is a testament to the solar PV industry's rapid technological and manufacturing progress in recent years. P2 fully intends this project to be a showcase facility, a demonstration of solar PV's potential and a vision of very real possibilities when the parties involved are willing to challenge conventional notions about the value of distributed renewable energy.

P2 Solar Inc. announced that it has acquired a unique renewable energy project to develop a mini-hydro facility in Punjab, India, on the Sidhwan irrigation canal in the city of Ludhiana. The project involves the installation of a 700 KW mini-hydro facility in a minor canal diversion project, creating little impact on the water channel and surrounding terrain. This type of hydro power installation has long been used around the world and is highly environmentally sustainable. The project provides rights to several kilometers of canal space, so the possibility for significant project expansion over phases is extensive. A PV Solar power plant can be built on the free space above the canal as well.

On 11/14/2012, P2 Solar, Inc announced that they will be unable to file their next 10-Q by the deadline required by the SEC.