LG Enters U.S. Solar Market

December 6, 2010
/ Print / Reprints /
/ Text Size+

LOS ANGELES - LG Electronics Inc. announced its entry into the North American commercial solar industry at the Solar Power International 2010 conference. LG’s U.S. solar debut builds on the company’s global expertise in marketing solar panels for residential, rooftop, and commercial applications.

Launching LG solar panels in the United States represents a major milestone in the company’s plans to expand its global solar business to $2.4 billion by 2015. LG is investing $820 million over the next five years in its solar cell research and manufacturing to increase production capacity to more than 1 gigawatt.

“The U.S. is one of the fastest growing solar markets in the world and is expected to grow significantly over the next several years, in part due to federal and state incentives,” said Geoff Slevin, vice president of the solar division for LG Electronics North America. “LG’s commitment to solar in the U.S. comes at just the right time to meet market demand for solar power with high-quality, sustainable, and innovative products that consumers and businesses alike have come to expect from a global technology leader.”

At the conference, LG Electronics unveiled photovoltaic (PV) modules, including high-performance multicrystalline modules and monocrystalline modules. Slevin highlighted key features of the new PV modules, including a unique lightweight frame design that drains liquid even when installed at tough horizontal and vertical angles, internal mechanical load standards (5,400Pa), and frame anodizing to improve the module frame’s durability.

For more information, visit

Publication date: 12/06/2010

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.



Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.


NEWSMakers: Mark Satterfield

Mark Satterfield, founder and CEO of Gentle Rain Marketing Inc. and author of “The One Week Marketing Plan” talks about his book and the importance of HVAC blogging. Posted on Sept. 19.

More Podcasts


NEWS 09-15-14 cover

2014 September 15

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Venting R-22

The NEWS reported that a man received prison time for venting R-22. Should EPA step up enforcement?
View Results Poll Archive


2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con