In a significant stride towards renewable energy, Link Asset Management Limited has successfully finalized its expansive solar power initiative. This project encompasses 53 properties and is anticipated to produce roughly 4.2 million kilowatt-hours of electricity annually. With a total installed capacity surpassing 4,500 kWp across 58 solar systems, this venture equates to the annual energy consumption of over 1,273 average-sized households in Hong Kong. By completing this phase, Link has positioned itself as one of the leading private operators of solar power systems in the region.

The journey of this ambitious project began with an investment of approximately $78 million. The generated renewable energy now contributes to 3% of Link’s yearly electricity usage in Hong Kong. According to George Hongchoy, CEO of the Link Group, this endeavor not only bolsters environmental sustainability but also enhances operational efficiency, yielding an estimated return-on-investment nearing 20%. The solar systems have been strategically placed across various rooftops, maximizing their exposure to sunlight and optimizing energy generation.

Beyond the current achievements, Link is already planning for future growth. To further expand its solar capabilities, the company intends to deploy light counter-weighted or flexible solar modules on the rooftops of an additional 19 properties. Once the second phase is complete, the total installed capacity will soar to nearly 6,900 kWp. This expansion will involve installing more than 12,000 solar panels across 58 properties, significantly increasing the overall energy output.

This milestone underscores Link's commitment to sustainable development and renewable energy solutions. By enhancing its solar infrastructure, Link not only reduces its carbon footprint but also sets a benchmark for other organizations in adopting green technologies. The integration of advanced solar modules represents a forward-thinking approach to meeting energy demands while preserving environmental resources.