LG ESS Battery Launch – Residential Energy Storage

LG have released a new LG ESS battery and inverter, and have upgraded their NeON solar panel range for 2019. Let’s take a look at some of the changes!  

LG ESS battery and inverter

LG have consistently led the way with regards to high quality solar panels, so it’s great to see them foray into home energy storage. Let’s take a look at the product a little closer:

LG ESS Battery and Inverter
LG ESS Battery and Inverter (source: lgenergy.com.au)
 
“Delivering high-quality energy solutions for homeowners is a top priority for us,” said Markus Lambert, General Manager Solar & Energy for LG Electronics Australia discussed what adding a residential ESS (Energy Storage Solution) will mean for the LG solar brand:
 
“The addition of the ESS to our energy portfolio will enable us to support Australian homeowners with a 3 phase electric power and their demand for greater control over their residential energy consumption.”
 
The LG ESS battery and inverter is also modular – it can store up to 12.8kWh by installing the 6.4kWh battery packs. All of the devices are covered by a 10 year Australian product warranty. 
 
In addition to the ESS, LG Electronics also introduced their 2019 range of NeON®R and NeON®2 premium solar panels, which will have a performance upgrade to 370W and 380W as well as a 400W 72 cell panel. All NeON solar panels have a 25 year warranty. To be frank, these panels are quite expensive, but if space is a premium and/or you want to get the best result possible, they are highly recommended. Mr Lambert discussed the benefits of the new panels:
 
“Residential dwellings are constantly evolving, just like homeowners’ energy needs,” he said.
 
“These higher efficiency panels will benefit homeowners with limited roof space, as well as those looking to deploy energy-intense technologies, like electric vehicle charging stations.”
 
If you’re interested in learning more about LG’s new product range please click here to view their website or feel free to leave a comment below and we’d be happy to point you in the right direction! 

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Trump imposes Solar Tariff on Panel Imports

President Donald Trump has imposed a solar tariff – on solar panel imports, which is expected to have myriad repercussions for local manufacturers and their ability to compete against competitors in China and South Korea. Will this have an impact on solar panel technology, and what will it mean for local manufacturers?

Trump’s Solar Tariff – What Now?

An ostensible slap in the face to the renewable energy, Trump’s idea of raising import tariffs by up to 30% may have a few benefits, at least for USA based companies. 

Donald Trump Imposes USA Solar Tariff
Donald Trump Imposes USA Solar Tariff (source: @realDonaldTrump via Twitter)

First Solar Inc., USA based panel maker saw their shares jump by almost 10% in after-hours trading. Shares of U.S. home appliance manufacturer Whirlpool jumped also 5 percent on Tuesday on the back of the news, as washing machines have also seen a tariff imposed on them.  

According to Time magazine, however, the move will stifle a $28 billion industry not only overseas, but the raised costs of solar panels will also harm the American solar industry. The Solar Energy Industries Association has projected tens of thousands of job losses in a sector that currently employs 260,000 people, America wide. These tariffs are on the back of Trump’s administration pulling out of the international Paris climate agreement, and rolling back regulations on power plant emissions. 

According to a statement made by President Trump on Monday, the first 2.5 gigawatts of imported solar cells will be exempt from the tariffs. Four years of tariffs will then start at 30 percent in the first year and gradually drop to 15 percent.

“Developers may have to walk away from their projects,” Hugh Bromley, a New York-based analyst at Bloomberg New Energy Finance, said in an interview before Trump’s decision. “Some rooftop solar companies may have to pull out” of some states.

CNBC reported that Credit Suisse analyst Susan Maklari told her clients that Trump’s decision wasn’t all that surprising.

“All those producing in the US will now face a similar cost structure, creating a more level playing field,” wrote Maklari. “Based on filings by LG and Samsung, they have a combined roughly 33 percent share in the U.S. suggesting 3 million washers are brought in annually. That said, both have commenced construction of U.S.-based capacity, which is expected to come on line over the next 12-18 months. As such, we expect this decision to become less impactful in time.”

Only time will tell what impact this has on the renewable energy industry as a whole, but these sort of protectionist regulations are rarely a step in the right direction. Watch this space…

 

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LG MONO X plus and NeON 2 Warranty Increased.

LG’s flagship NeON 2 and LG Mono X Plus solar panels are receiving an extended warranty (15 years) for those who install them from January 1, 2018.  This is five years longer than the Australian industry standard, but not as long as the 25-year product warranty and 87% output warranty LG’s NeON R panels currently offer.

“From design and production to delivery, we follow stringent protocols to ensure the integrity of our solar panels,” said Russ Prendergast, Senior Marketing Manager Solar at LG. “This increase in warranty reflects our confidence that our products can go the distance.”

“We’re proud of our achievements in solar, and our consistent presence in the Intersolar Awards winners list confirms the industry feels the same. But we wanted to give our customers something that benefits them directly,” said Prendergast in a press release quoted by RenewEconomy, “With close to 70 per cent sales growth in the past year, our customers appear to recognise the quality our solar panels deliver.”

More good news for those looking to invest in solar but are concerned about the long term results! 

LG Mono X Plus

LG Mono X Plus Warranty Australia
LG Mono X Plus Warranty Australia (source: lgenergy.com.au)

The fifth generation LG Mono X Plus have long warranties, high efficiency, and as of next year boasts an impressive 25-year warranty.

They come in three different models:

  • Residential 60 Cell 300W – LG300S1C – ‘Entry Model’ – for those that want a great product without the ‘bells and whistles’ of the LG NeON range. (Brochure Here)
  • Residential 60 Cell 295W – LG295S1C-A5 – Fifth generation LG Mono X ® Plus – 25 Year performance warranty. (Brochure Here)
  • Commercial 72 Cell 360W – LG360S2W – Commercial grade, cost-effective module with great performance. (Brochure Here)

Read more about the LG Mono X Plus solar panel in Australia on the LG website.

LG NeON 2

We’ve written an article about the NeON 2 Solar Panel (LG330N1C) which was released earlier this year. The 330W panel is LG’s flagship solar panel and comes highly recommended by all who have tried it!

LG currently have 34 different solar panels for sale so there’s something for everyone – click here to have a look at what they offer and be sure to comment below or email us if you have any questions about a specific panel – we’d be happy to help! 

If you’re interested in the production process i.e. how solar panels are made, LG have produced a video called ‘LG Solar Panel Production Line Tour’ you can view below:

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