P2 Solar Business Summary

P2 Solar, Inc. (PTOS) is a Canadian renewable energy company that operates primarily through a dual-segment business model: distributed solar power installations and pioneering carbon-negative research and development. The company generates revenue through its subsidiary, Futricity Solar, which provides turnkey Engineering, Procurement, and Construction (EPC) services for residential and commercial rooftop and ground-mount solar systems. In late 2025, the firm expanded its scope by launching a high-upside R&D initiative focused on biological CO2 capture, utilizing engineered bacteria to convert atmospheric carbon into fuels and chemicals with a long-term goal of a commercial licensing revenue stream. Positioned as a micro-cap emerging player in the North American clean energy sector, P2 Solar competes with industry giants such as Sunrun, Enphase Energy, and First Solar, though it occupies a niche market as a localized Canadian installer and speculative biotech innovator. The leadership team is headed by Raj-Mohinder S. Gurm, who serves as the Chairman, CEO, and CFO; he is a serial entrepreneur with a background in biology from the University of British Columbia and a history of founding ventures in the wireless and consulting sectors. Supporting the executive suite are Hans Edblad, the Vice President of Business Development and a Director with over two decades of experience in investment strategy through Chag Investments, and Sham Dhari, who was appointed Vice President of Engineering and Director in early 2024 to oversee technical operations. The company maintains a lean operational structure, with CEO Raj-Mohinder Gurm holding a significant 22% stake in the common stock, reflecting a high degree of insider alignment within a board characterized by long-term tenure and specialized industry expertise.