Onyx Service and Solutions, Inc., a for-profit corporation specializing in alternative energy solutions, announced today its execution of a Memorandum of Understanding agreement (MOU) to acquire 25 percent of Optimum Solar, a Hong Kong corporation specializing in the development of solar products and solutions. The terms of the acquisition will be settled following a due diligence review conducted by Onyx regarding Optimum’s future valuations and current operations. Onyx anticipates closing the acquisition within a period of several weeks, as the MOU terms allow for a short due diligence period.
Onyx projects that the acquisition of this stake in Optimum will provide access to some of the solar industry’s best engineering and manufacturing expertise. The combined resources of Onyx and Optimum will also enable acceleration of the two companies’ co-developed “Plug-N-Play” all-in-one solar panel system, which has been generating sales inquiries from all over the world. For further information about the “Plug-N-Play” system, visit onyxservice.com/plug-n-play-solar-panels.html.
Onyx Service and Solutions specializes in the acquisition, development and marketing of the most financially and technologically promising energy solutions available on the market. The company’s goal is manifesting cutting-edge energy technology, products, manufacturing advances, and construction projects to enable Onyx’s effective competition in the global energy marketplace.
For further information about Onyx Service and Solutions, visit www.OnyxService.com
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