MKS PAMP, the parent company of PAMP Suisse has announced the completion of a project to supply their Castel San Pietro refinery with renewable solar energy. The solar panel installation covers a total area 2000m² rooftop with an expected annual production of 519.7 MWh of electricity.
In 2016, MKS PAMP entered into an agreement with the Swiss Confederation to reduce Co₂ emissions. Since then, the company has reduced its CO₂ emissions at its production site by 41%. Moreover, they continue to source 100% renewable electricity long-term.
“This renewable energy installation demonstrates our path to continued environmental sustainability – we are proud to achieve such objectives with the support of the Castel San Pietro municipality ”, said Phaedon Stamatopoulos, Managing Director, MKS PAMP Ticino in a press release.
Silver is utilized in solar panels as part of the conductive paste that is contained in photovoltaic cells. Silver is well known for its excellent electrical conductivity, which helps in efficiently collecting and transmitting the electricity generated by the solar cells.
MKS PAMP
MKS PAMP GROUP has a significant international footprint and is known for its commitment to sustainability and ethical business practices.
The company’s operations span the gamut of the precious metals industry from refining and manufacturing to trading and finance across key markets worldwide while adhering to strict environmental standards.
PAMP’s refinery is accredited as a Good Delivery provider of the London Bullion Market Association (LBMA) underscoring its reputation for reliability and the high quality of its products.
Throughout its more than 60 year history, PAMP has been at the forefront of integrating advanced security features into its products, including Veriscan® technology, which uses microscopic surface topography to register and verify the authenticity of gold bars.
