LG steps up to efficiency challenge with the new NeON solar panel

PRESS RELEASE

SYDNEY, 4 January, 2017 — LG Electronics (LG) is further investing in Australia’s solar market through the introduction of the LG NeON® R solar panel, building on the brand’s impressive solar offerings. First introduced at the Solar Power International 2016 trade show in Las Vegas, the NeON® R has enhanced durability, performance under real environment, aesthetic design plus industry leading output efficiency guaranteed over 25 years.

In the Australian market today the majority of 60 cell modules produce 260W to 270W power (15.9 – 16.5% module efficiency). The power of the 60 cell NeON® R module reaches an incredible 360W (20.8%), making it the ideal solution for home owners who want to get more electricity within a limited roof space. “With the release of the LG Chem batteries and the 13.5kWh Tesla PowerwallTM 2 many home owners will find they need high powered modules like the LG NeON® R to generate enough solar power to charge the batteries and run the house,” says Russ Prendergast, Marketing Manager for LG Energy. “It is a very powerful module and can generate increased electricity per unit space due to its high efficiency and power. In addition, due to its high efficiency the LG NeON® R makes it easier to build module array around surrounding constraints, such as the shadow of trees and chimneys.”

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The NeON® R has no metal electrode on the front of the module, but has 30 multi-ribbon busbars at the rear of the module. This also allows the panel to perform at a higher efficiency when the temperature is higher due to the panels upgraded low temperature coefficient of Pmax -0.30 (%/oC).

The new module adopts high quality, premium frame with the Piano black colour as well. Therefore, the LG NeON® R can perfectly harmonise with the roof.

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Prendergast says: “The LG solar offerings are known for their highly efficient and quality panels, and the NeON® R is building upon the legacy we’ve already set. The NeON® R brings forward further efficiency and style to provide more choices for Australian consumers interested in high quality solar investment. We’re excited to release this innovative product in the first quarter of 2017, which is helping to drive the Australian solar market forward.”

“With the ability to reach 360W, the NeON® R is making solar a possibility for individuals concerned about lack of rooftop space. The high efficiency of the panel is important to the future improvement and growth of solar in the Australia market and at LG Australia. We look forward to continuing to grow this aspect of our business with continued developments in the solar market throughout the year.”

Additional Information about the LG NeON® R:

  • –  The NeON® R has shown very stable performance in the internal Damp Heat and Thermal cycletest, which are 2 times longer than IEC standard.
  • –  With its newly reinforced frame design, the panel can endure static front load up to 6000Pa andrear load up to 5400Pa which is twice the wind-load of standard panels.
  • –  The n-type cells used in the NeON® R have almost no boron, which may cause the initialperformance degradation, leading to less Light Induced Degradation.
  • The NeON® R has improved performance warranty to ensure long-term stable operation. After 25 years, power performance is guaranteed at least 87.6% relative to initial performance.

     

The LG NeON® R can be mounted on the roof or on ground mounted frames. It is planned to be released in Australia in March 2017.

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The graph above shows the development of new LG solar panels over the past 6 year indicating the consistently highest watt output of LG models and compares these with the efficiency of other common modules during this period. The graph clearly shows that LG is driving for higher efficiency modules in the Australian market.

Visit the LG Australia website to view the full range of solar products https://www.lgenergy.com.au/.

About LG Electronics, Inc.

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 83,000 people working in 119 locations around the world. With 2015 global sales of USD 48.8 billion (KRW 56.5 trillion), LG comprises four business units ―Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components ―and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2015 ENERGY STAR Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

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