LG Electronics Launches High-Efficiency Solar Module 'NeON H'

Neon H installation photo (Photo by LG Electronics)

[Asia Economy Reporter Jeong Hyunjin] LG Electronics announced on the 7th that it will target the global solar power market by launching a new high-efficiency solar module product, 'NeON H.'

NeON H is a product that applies N-type cells. Although N-type has a higher process difficulty compared to P-type, it is mainly used in premium solar modules due to its high efficiency. Its cell structure is a 'bifacial' design that receives light not only from the front but also from the rear, increasing power generation. LG Electronics explained that the change in power generation efficiency due to temperature increase is -0.33%/℃, which is relatively lower than that of P-type, allowing for stable use.

NeON H applies 'half-cut technology,' which divides one cell into two and connects them to each other. LG Electronics explained that by dividing and using the cells, the resistance generated in each cell is reduced, minimizing power loss and increasing efficiency.

Additionally, LG Electronics announced that the new product achieved a module efficiency of 21.2%. Module efficiency refers to the ratio of solar energy converted into electrical energy per unit area; the higher the module efficiency, the greater the amount of power produced from the same solar installation area. The new product has an output of 390W (based on 120 cells), and LG Electronics offers a free warranty guaranteeing that the power generation performance will be maintained at 90.6% of the initial output even after 25 years.

LG Electronics plans to sequentially launch this product in global markets including Korea, the United States, Germany, France, the United Kingdom, and Australia starting early this month. The product released in the domestic market is designed to achieve an output of 450W (based on 144 cells) and a module efficiency of 20.5%, tailored to market characteristics.

The global solar power market is expected to grow from about 180GW (gigawatts) this year to approximately 240GW by 2024. Kim Seok-ki, Executive Director of LG Electronics' Energy Business Division, emphasized, "As ESG (environment, social, governance) management emerges as a key issue for the survival of global companies, eco-friendly solar power generation is gaining attention," adding, "We will lead the global solar power market with our industry-leading high-efficiency solar module new product."

This content was produced with the assistance of AI translation services.