Wang & Lee Group (WLGS) has announced the acquisition of Solar (HK) (SolarHK) through a share allotment valued at HK$15 million. The strategic acquisition combines SolarHK’s solar expertise with WLGS’s lithium-ion battery initiatives to advance Hong Kong’s renewable energy transition.
Founded in 2019, SolarHK specializes in solar PV system design, installation, and green energy project approvals, serving over 50 locations across Hong Kong. The company has completed notable installations at various facilities including Tsing Yi Shipyard and subsidiaries of New World Development.
The merger leverages WLGS’s partnership with Linko Smart Technology to integrate IoT-enabled services and AI-powered smart home solutions into SolarHK’s existing infrastructure. The transaction is expected to complete within the week, positioning WLGS to deliver comprehensive energy storage and solar…
