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PAMP Suisse Installs Solar Panels Installs at its Castel San Pietro Refinery to Accelerate Supply of Renewable Energy

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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.

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BLM Proposes Updates to Western Solar Plan

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First proposed in 2012, the Western Solar Plan from the Bureau of Land Management aims to facilitate the development of utility-scale solar energy projects on public lands.

The Biden administration has updated the plan, with several proposed options that would divert anywhere from 8 million to up to 55 million acres of public lands across 11 Western states to be made available for solar energy.

For utility-scale solar installations, a commonly used estimate is that 1 acre of solar panels can accommodate about 1,000 panels, considering the necessary spacing and infrastructure. This estimate can vary based on the design and layout specifics of the installation but serves as a good baseline for calculation.

To meet only Los Angeles’s annual electricity consumption of approximately 26 billion kWh, it would require about 42.25 million solar panels.

A typical 300 watt solar panel uses approximately 0.1 to 0.2 grams of silver per watt of solar cell, with roughly 30 to 60 grams of silver per panel. How much silver would it take to manufacture enough solar panels to power Los Angeles? 81,502,142 troy ounces, roughly 2,535,058 kilos of silver.

While the efficiency of solar panels has been increasing over the years, this plan from the BLM is pretty absurd.

From the ZeroHedge Article:

This plan is part of the Biden administration’s goal of generating 25 gigawatts (GW) of electricity from wind and solar on public lands by 2025—and generating 100 percent “renewable” electricity by 2035—solar panels would need to be sited on 700,000 acres of public land.

The sheer scope of the BLM plan—designating tens of millions of acres for solar development when the agency says 700,000 acres would suffice to meet Biden administration goals—is a red flag for many communities.