LG Electronics USA has joined forces with solar industry leader Borrego Solar Systems Inc. to significantly expand the presence of LG’s high-efficiency solar modules in the U.S. commercial market. Under the agreement, LG will supply 24 MW of its Mono X series solar panels, led by LG Mono X NeON modules, through 2015 to Borrego Solar, which will sell to the commercial sector as an LG preferred strategic commercial integrator in North America.
The collaboration aligns with the market’s maturation and the move toward higher efficiency products in the commercial sector, while bringing North American customers the greatest value and highest quality PV modules on the market. The agreement also adds a greater number of LG Electronics’ bankable products to Borrego Solar’s portfolio.
LG’s Mono X NeON modules, which already have exceptional market traction, delivers high-efficiency output of up to 305 watts with 18.6% module efficiency. The Mono X NeON produces energy from both the front and back, which raises cell efficiency. Through new semiconductor technology application for doping and surface treatment processes, cell imperfections have been minimized while uniformity has been maximized, resulting in the Mono X NeON’s 21% increase in cell efficiency.
“This agreement allows us to meet rising commercial market demand for top-tier, high-efficiency modules – with the added benefit of not being subject to Commerce Department tariffs on Chinese modules – enabling us to maximize return on investment for our customers and provide the best quality and care throughout a system’s lifetime,” said Mike Hall, CEO at Borrego Solar, a designer, developer, installer and financier of grid-tied PV systems.