The Malta Independent 17 May 2024, Friday
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BOV And HSBC sponsor Green Energy generation at Palazzo Falson

Malta Independent Monday, 30 July 2007, 00:00 Last update: about 12 years ago

Palazzo Falson, which was newly refurbished to a high standard as a historic house museum, has been equipped with a photovoltaic system. The system comprises Alwitra Solar Roofing Membrane, manufacturer of the world’s most advanced single-ply roofing system. It was jointly sponsored by Bank of Valletta and HSBC Cares For Malta’s Heritage Fund. This is the first Building-Integrated PV-System in Malta and was installed by a group of British, German and Maltese experts in the field who trained its local network of installers during the project.

Maurice Degiorgio, president of Fondazzjoni Patrimonju Malti, gave details about the new green energy generating capability at Palazzo Falson during a visit by Roderick Chalmers, chairman of Bank of Valletta and Shaun Wallis, chief executive officer of HSBC Malta.

“Evalon®-Solar is the lowest priced photovoltaic-integrated single-ply membrane system (capable of generating electricity for direct use or the national grid). The system offers significant savings when compared to similar power generating roof systems. This major price breakthrough comes as a result of ingeniously combining a photovoltaic system and waterproofing membrane in one product. It gives building owners the opportunity to generate their own electricity and help avert the national energy crisis,” explained Mr Degiorgio.

Both Mr Chalmers and Mr Wallis congratulated Fondazzjoni Patrimonju Malti for taking such an environmentally friendly initiative and deciding to install a photovoltaic system to generate green energy at Palazzo Falson. They also exchanged comments of appreciation that the two main banks in Malta had worked together to support such an innovative and beneficial initiative.

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