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LG Electronics Extends Product Warranties For Modules To 25 Years

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LG Electronics has announced the extension of product
warranties from 15 to 25 years. Modules included are the LG MonoX Plus, LG NeON
2, LG NeON 2 Black and LG Neon 2 BiFacial, as well as the LG Neon R. The
guarantee provides further incentives for prospective customers and highlights
LG's commitment to quality solar modules.

LG has also made further guarantees: for the first year of
ownership of LG MonoX Plus and the LG NeON 2 modules, power output will drop by
no more than 2 per cent. From the second year onwards, power is guaranteed to
not decrease by more than 0.5 per cent per year on average. Therefore, by the
end of the 25th year the power output will be at least 86 per cent of its
original value.

The LG NeON R, which already has a product warranty of 25
years, also now has a performance guarantee. Again, power output is guaranteed
to not drop by more than 2 per cent in the first year. For the remaining 24
years output will not decrease by more than 0.4 per cent. Therefore, at the end
of the 25th year the output is will be least 88.4 per cent of the output
specified on the module at sale.

LG modules go through rigorous testing throughout the
production process, including being tested four times as required by the IEC
standard. As a result, they meet the strictest quality criteria that enable LG
to offer industry leading product warranties.

"The modules from LG Solar combine a sophisticated
design with high-performance PV technology. Thanks to further improvements in
production, LG now offers a product guarantee of 25 years for all solar
modules. This gives our customers and partners an even greater degree of
investment security," explains Michael Harre, Vice President of the EU
Solar Business Group at LG Electronics Germany. "We are proud to be able
to underpin our quality promise again with tangible measures."


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