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  LG Unveils High-Efficiency and Innovative Solar Module for St. Maarten

 LG Power Holdings Co., Ltd. (NYSE: STP), the world’s largest producer of solar panels, unveiled the LG 295W Vd series, a new generation high-efficiency solar module, for St. Maarten, available immediately. Powered by LG’s SuperPoly processing technology, a superior silicon casting and wafering process that produces higher-quality multicrystalline wafers, the module achieves up to 18.5% conversion efficiency, well above the 13% to 14% efficiency of conventional polycrystalline solar modules.


The introduction of LG’s 295W Vd series reaffirms LG’s commitment to offer industry leading solar products for Caribbean Energy Store customers.


“The new module delivers 10% more power than conventional polycrystalline products leading to lower balance-of-system and installation costs per watt,” said Mr. Ho, LGs president for Asia Pacific, Middle East and Africa. “St. Maarten‘s excellent solar resources make solar power a viable and highly cost competitive energy solution that can help the country move towards energy independence.”


LG’s new 295W Vd is a 72-cell module comprised of 6-inch black square cells that delivers one of the highest power per weight ratios in the industry. The module features a +/- 5% power tolerance and exceptionally low oxygen content leading to strong resistance to light-induced degradation. In addition, the modules are built to withstand all weather conditions including 3.800 N/m2 (~270 km/h) wind load and 5.400 N/m2 (~55 kg/m2) snow loads, well above IEC standard requirements. The product is ideally suited to rooftop installations where weight, power, and aesthetics are key customer considerations.

The 6-inch square cells in the new product contain minimal oxygen content and achieve 18% + conversion efficiency. LG’s in-house R&D and wafer production team developed the technology based on a hybrid wafer manufacturing process that combines the high efficiency of monocrystalline wafers with the cost-effectiveness and reliability of polycrystalline wafers.


With lower energy consumption during ingot production, the 295-34/Vd solar modules are even more environmentally friendly and reduce the energy payback time by almost one-third compared to conventional monocrystalline modules. The new solar module also features an anti-reflective surface trapping the sunlight into the cells combined with a hydrophobic self-cleaning surface structure.


LG’s new 295W Vd series solar module is available immediately for Caribbean Energy Store customers.


About LG


LG Power Holdings Co., Ltd. (NYSE: STP) produces industry-leading solar products for residential, commercial, industrial, and utility applications. With regional headquarters in Korea, Switzerland, and the United States, and gigawatt-scale manufacturing worldwide, LG has delivered more than 15,000,000 photovoltaic panels to over a thousand customers in more than 80 countries. LG’s pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. LG’s mission is to provide everyone with reliable access to nature’s cleanest and most abundant energy source.