London, 20 June 2013 – The efforts of LG Electronics in the development of its high-performing solar modules is paying off. LG’s module Mono X™ NeoN won the ‘Outstanding Performance’ 2013 Intersolar Award at this year’s ceremony, for it’s innovation in combining design and performance. This victory was in spite of strong competition, with more than 100 other competitors vying for the prize.
The Mono X™ Neon module is primarily characterised by efficiency levels of over 18 per cent and a capacity of up to 300 watts per module. The panel also offers great robustness at a low weight and an elegant glossy finish. The bi-facial cell captures the light reflected from the back sheet onto the cell back side, resulting in increased light yield and greater energy and financial return for the solar power user.
Installers are pleased with the fact that the product is so lightweight, weighing only 18.2 kilograms. The new cable management systems make it even simpler to connect all of the modules. LG Solar provides a 10-year product guarantee and a 25-year linear performance guarantee for all of its solar modules.
“We are extremely pleased to see that the large investments in our research and development are paying off,” said Michael Harre, Vice President of EU Solar Business Group at LG Electronics. “The Mono X™ NeoN is already proving to be an international success. The Intersolar Award shows that our product strategy is on the right track and is encouraging LG Solar to bring to market the best solar technology for sustainable energy.”
The Intersolar Award is for innovation in the international solar industry. It has been awarded since 2008 as part of the photovoltaic Intersolar trade fair in Munich.
For more information visit www.intersolar.de
About LG Electronics, Inc.
LG Electronics, Inc., (Korean Stock Exchange: 06657.KS) is one of the world’s leading corporations and a technological powerhouse for electronic, information and communication products. The global Group currently has more than 93,000 employees in 120 subsidiaries around the world. The Group consists of four main business units -- Home Entertainment, Mobile Communications, Home Appliance and Air Conditioning & Energy Solutions -- and achieved an overall turnover of 48.2 billion USD in the fiscal year 2010. LG is one of the world’s largest manufacturers of mobile phones, flat screen TVs, air conditioning equipment, washing machines and cooling units. A forward-looking corporate group, LG is also using its financial and technological prowess to expand the business unit LG Solar EU, offering high- quality solar cells, modules and solutions, which are manufactured in the leading production location of Korea.
Additional information about LG Electronics Inc. can be found at www.lg.com