LG the South Korean Electronics and Chemicals Giant recently got into the crystalline silicon solar panel manufacturing business along with a number of other Korean Conglomerates like Hyundai and Samsung.With the government policy of strongly supporting Green Industry through various initiatives to make Korea a Green Superpower,most Korean Industrial Groups have enthusiastically entered most Renewable Energy Sectors wit the Korean Shipping Companies like Daewoo entering the Wind Turbine Manufacturing Industry.
LG Group Solar Energy Manufacturing
The LG Group is producing solar products through two Group Companies. LG Solar Energy was formed in 2007 to produce polysilicon which is the most important raw material for the production of solar wafers.It is already selling solar modules in the South Korean and European markets and plans to rapidly expand capacity to One Gigawatt by 2012.LG Electronics , plans to invest 1 trillion won by 2015 in its solar cell business and aims to generate revenue of 3 trillion won by 2015.LG plans to increase annual production of solar cells and modules at its plant in South Korea to 500 megawatts next year and 1,000 megawatts by 2013, from 330 megawatts today.LG plans to have a completely vertically integrated business in the Solar Power and plans to install massive solar power plants in the USA as well.
Read more about the Solar Energy Manufacturing by South Korean Companies and Buying Wholesale Solar Panels
LG Solar Panels Review
Source : LG
LG sells both Monocrystalline and Multicrystalline Solar Panels in 220-260 Watts Range.The company sells blue and black solar panels i
n European Union and Asia which it will expand to the other parts of the world.LG Solar Panel Prices are also quite cheap compared to other top Japanese and European Solar Brands.LG sells solar panels price in the $1.5/watt range compared to the $2.-2.5/watt range kept by the other developed solar panel producers.You can read about the entire range of LG Solar Panel Products.
LG’s solar cell products fitted with a wide range of different-sized solar modules. The various sizes are (4X9, 6X8, 6X9, 6X12, and 6X10) to meet the different customer needs.LG recently improved the efficiency of its cells and came up with 2 new products Mono X which operates at 260W and Multi X which operates at 240 Watts and comes the night blue cell color and piano black frame.
Note LG till now does not have a product which can distinguish itself from the market of solar modules despite its claim.There are more efficient solar panels in the market and cheaper solar panels as well.
LG Solar Panel Warranty
LG offers an industry leading support policy that is comprised of a 5-year product warranty, 12-year 90 % power warranty and 25-year 80 % power warranty.
Solar Panel Reviews of Different Brands
Solar Panel Estimation for your Installation
Calculating how many Solar Panels you need is quite tricky as it depends on the Solar Panels Efficiency,Design of the Solar Array,the place where you live etc.
1) Solar Panels Efficiency – Some Solar Panels are more efficient.For example Solar Panels made by Sunpower and Sanyo are the most efficient which means they require less area.For space constrained homes,they are the best bet but they cost more per watt hour of electricity generated.Click on the heading of this paragraph to understand more about Efficiency.
2) Sun Light or Solar Insolation – This measures the amount of sun light that your solar panel installation receives.Typical Solar Insolation is around 1000-1500 watt hour per year.This means that if you install 1 watt of solar panels you will get 1-1.5 units of electricity per year.You should first calculate how much electricity you require per year.If you require around 7200 units a year you would need to install a 5 kilowatt or 5000 watts solar array.You can find out the solar insolation you receive from free websites like a) www.nrel.gov/rredc/pvwatt if you live in the USA and b)re.jrc.ec.europa.eu/pvgis/countries/countries-europe.htm if you live in Europe.These websites also give you information about the solar insolation/radiation you live
3) Design of the Solar Array – This is very important in ensuring that you get the most power out of your solar panels.The design of the solar array should always be done by a good solar installer.Note this is a fragmented industry but you can find more about the big solar installers in the USA here.You should ensure basic stuff such that there is no shading of your solar panels,the roof does not leak,the materials used are good.Also having a good solar inverter is important.Nowadays you can get individual solar microinverters for each solar panel as well.Note almost 1-520% of the power generated by your solar panels is wasted in converting from DC to AC.