LG Extends Warranties For 'NeON' Solar Modules

ENGLEWOOD CLIFFS, N.J., July 11, 2018 /PRNewswire/ -- Leading U.S. residential solar panel provider LG Electronics USA has extended its product warranty for the award-winning LG NeON® family of high-performance modules from 15 to 25 years. The warranty announcement, which dovetails with LG's plans for a new solar module assembly plant in Huntsville, Ala., provides further incentives for prospective customers and highlights LG's commitment to high-quality solar modules.

The new product warranty covers LG NeON 2, NeON R and NeON 2 BiFacial modules in the United States, complementing their 25-year performance warranty.

Backing the 25-year product warranty, LG NeON modules go through rigorous testing throughout the production process, including being tested multiple times as required by the IEC standard. As a result, they meet the strictest quality criteria, enabling LG to offer industry-leading product warranties.

LG's best-selling NeON 2 solar panels, now supported by best-in-class 25-year product and performance warranties, are designed to deliver higher efficiency. LG's flagship panels feature LG's Cellotm technology, which utilizes circular wires for better light absorption and incorporates 12 wires instead of the traditional 3 busbars, reducing electrical loss and increasing power output and reliability.

LG's back-contact NeON R modules, which also now have 25-year product and performance warranties, deliver one of the best temperature performance characteristics on the market, with key design features that significantly enhance output for maximum efficiency. Because excessive heat can decrease solar panel performance, NeON R's excellent temperature performance characteristics create added value for customers.

With their new 25-year product and performance warranties, LG's NeON 2 BiFacial modules bring consumers best-in-class power generation from a double-sided cell structure by absorbing irradiance not only from the front but also the rear via a transparent back sheet; the dual faces of the cells allow for higher energy generation.

"Modules from LG Solar combine a sophisticated design with high-performance PV technology. Thanks to state-of-the-art innovations and increased reliability, we're now covering the entire high-performance LG NeON family with a 25-year product warranty as well as our 25-year performance warranty. This gives our customers and partners an even greater degree of investment security from a brand they can trust," said Garry Wicka, U.S. head of marketing for LG Solar.

LG is investing $28 million to establish its new Alabama factory on LG's 48-acre campus in Huntsville, where the company has had operations for four decades. Starting in early 2019, the new plant is expected to produce 500 megawatts of high-performance solar panels annually, initially NeON 2 modules. The new factory is expected to create about 160 new full-time jobs, thereby increasing LG's Huntsville employment by 60 percent to more than 400 workers.

For more information on LG's complete lineup of innovative solar energy solutions and its extended product warranty policies, please visit LGSolarUSA.com.

About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $55 billion global force and technology leader in home appliances, consumer electronics and mobile communications. LG Electronics sells a range of stylish and innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems and solar energy solutions in the United States, all under LG''s "Life's Good" marketing theme. LG is a 2018 ENERGY STAR® Partner of the Year-Sustained Excellence. For more news and information about LG Electronics, visit www.LG.com and www.LGSolarUSA.com.

SOURCE LG Electronics USA