P2 Solar, Inc. is a Canadian company focused on constructing rooftop and ground-mounted solar power plants for both residential and commercial markets. The company, which operates through its subsidiary Futricity Solar, Inc., sources solar modules and other necessary parts from various third-party suppliers. P2 Solar began diversifying into solar energy after shifting from its historical business practices, which included importing leather goods and chemical manufacturing. The business model emphasizes installations across British Columbia with plans to expand into other Canadian regions and potentially into the United States.
The company’s growth is driven by educational initiatives aimed at promoting solar technology, targeting builders and contractors, while also relying on customer referrals for direct sales. P2 Solar offers installation and maintenance services tailored to customer needs, making it well-positioned to capitalize on evolving market trends towards green energy and government incentives for renewable energy projects. Recent developments show positive sales trends, indicating a promising future as the company builds its reputation and market presence.