Link Powers Up Hong Kong: Solar Panels Installed Across 50+ Properties

Hong Kong, April 2025 — Link Asset Management Limited, manager of Link Real Estate Investment Trust (SEHK: 0823), has announced the completion of solar panel installations across 53 of its properties in Hong Kong, positioning the company as one of the city’s largest private solar power system operators.

The large-scale project involved 58 solar power systems with a total installed capacity of 4,500 kilowatt-peak (kWp). These systems are expected to generate approximately 4.2 million kilowatt-hours (kWh) of electricity annually—enough to power 1,273 average three-person households for a year.

The final installation, located at Mei Lam Commercial Centre in Sha Tin, marked the completion of the project, which saw nearly 8,500 solar panels mounted on rooftops across the city.

Among the 53 properties, Fu Tung Plaza in Tung Chung houses the largest individual system in the portfolio, with 950 panels and a capacity of 530 kWp, projected to produce 564,000 kWh annually.

Link has invested around HK$78 million in the solar initiative, with an estimated return on investment (ROI) of 19.6% under Hong Kong’s Feed-in Tariff (FiT) Scheme, based on the current installed capacity. The renewable energy generated accounts for approximately 3% of Link’s total annual electricity consumption in Hong Kong.

Launched in 2018, the FiT Scheme enables solar power producers to sell electricity to power companies at a premium rate, encouraging wider adoption of renewable energy sources.

“We are proud to play a leading role in advancing renewable energy in Hong Kong,” said George Hongchoy, Chief Executive Officer of Link. “This initiative underscores our commitment to sustainability and long-term value creation for our stakeholders.”

With this milestone, Link continues to advance its ESG goals while contributing to Hong Kong’s broader transition to a low-carbon economy