LG Electronics USA is collaborating with Borrego Solar System to expand its services to U.S. commercial customers. LG will offer 135MW of high-efficiency PV modules through 2016 for Borrego Solar to sell.
LG will supply its LG Mono X NeON 60- and 72-cell modules to Borrego Solar, under their deal. The collaboration aligns with the market's maturation and the growing deployment of higher efficiency products for the commercial market. This agreement will enable LG to supply even more of its high-efficiency modules to North American commercial customers.
"LG and Borrego Solar share a common vision for serving the ever-growing U.S. commercial solar market," said Ellen Kim, senior vice president of LG Electronics USA's Energy Solutions business. "We expect strong results from the combination of LG's leading innovations and Borrego Solar's expertise as a leading commercial integrator."
Building on the success of its 60-cell modules, LG will introduce its first 72-cell Mono X NeON modules this fall. In addition to the advent of new 360W and 365W 72-cell modules, LG's more efficient cell technology now enables LG modules to reach up to 18.4% and 18.6% module efficiency, respectively, compared to other modules that deliver an efficiency of approximately 16%. The new LG cells not only pack more power into the same physical space, but they also improve upon an already superior performing technology in terms of kWh produced per watt installed. In other words, 1 MW of LG modules will produce more power than 1 MW of most other modules available on the market. As a result of the cell's superior performance with lower allowable annual degradation amounts, LG is offering a 12-year product warranty.
(Photo Credit: LG Solar)