"The facade and parking lot of the Malibu City Hall will undergo a "makeover" and will be covered with PV panels using the cutting edge Kromatix colored glass technology. The total size of the power plant is estimated at 385 kilowatts per day and will cover 100% of the current electricity consumption of the City Hall and surplus of energy to sell."
"The project will be fully purchased by a high net worth individual to obtain tax credits, and rebates donating the power plant to the City of Malibu. The City of Malibu will have full ownership of the Malibu Solar PV Waves power plant at agreed future date."
"Moreover, the City Hall will save more than an estimated $5,251,829 in savings over the lifetime of the project"
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